The steps to creating a business in Tunisia

Step 1: To create a business, you need an idea

Before you start, you must understand that it is important not to create a business by default. Indeed, you need an idea, whether it comes from your past experiences, a particular skill you possess... Trust your intuition but also the opportunities that arise. "Creating a business" is not an idea but a means to realize an idea.

Step 2: Define your project clearly and its impact on your daily life

Creating a business is much more than a professional project: it will inevitably have repercussions on your personal life. Is your spouse ready to follow you? Will your loved ones support you psychologically in your adventure or are they reluctant? Do not neglect these aspects and evaluate in advance the impact of the future creation of your business on your personal life.

Step 3: Determine a comprehensive business plan

To create a business, a business plan is essential. This is the document that gives direction to your project, describing it comprehensively in terms of strategy, finance, and commercial aspects. Writing this business plan requires thorough reflection, especially on the financial aspect. By making complete projections, your business plan should help you choose the most suitable legal status. The quality of your business plan is crucial for the success of your creation project; it is strongly recommended to entrust its establishment to an accounting firm.

Step 4: Define the right legal status for your project and follow the administrative formalities

By choosing the legal status of your company, you begin to give it a real existence. Your company exists in the eyes of the law as soon as you opt for the status of a company or sole proprietorship and complete all the creation formalities by registering your company.

Step 5: Company registration

You must indeed register your company and in the case of a company, draft statutes, constitute the share capital, and ensure that all formalities are validated. Then, the legal existence of your company is approved by obtaining the final registration number in the National Register of Companies. This is the true identity of your company, essential in many procedures, especially with your financial partners.

Step 6: Start the activity

The start of the activity is in a way the last step of creating your business. Indeed, the start is a very particular moment with the launch of production and/or service provision. It is then quite normal to continue to grope at this "learning" stage. The last step of creation is above all the first step of the company's life!

Our advice:

From the business plan to obtaining your registration, through the drafting of statutes, seek the help of an accountant. This professional will guide you through the various steps to follow and will advise you on the most suitable optimizations. Assisting business owners in creating their businesses has always been among the values of LUCA PACIOLI.