Business Creation And Takeover
Do you want to launch a new consulting firm or grow your current one through a strategic takeover? There is no need to look any further! During your creation project, it is critical to be accompanied by a specialized firm whose expertise in international taxation has been certified by the International Bureau of Fiscal Foundation IBFD, particularly with regard to the rules of permanent establishment in the country of your choice. We will cheerfully advise you. The involvement of an accounting professional is required in the process for a variety of reasons since it is about an experience that requires the understanding of many concepts. The manager must have a thorough awareness of the legal, tax, accounting, social, and financial domains. Sometimes decisions have unexpected consequences.
Specialized Solutions
Our chartered accountant is a professional and is well-positioned to assist a business owner with the implementation of his project.
After getting to know your full project, the extent of his knowledge enables him to intervene at numerous critical phases, including the business plan, legal, tax, and social decisions, legislation drafting so he will be able to effectively advise you on project assembly and be able to Respond to the following questions:
● Which legal status should I choose based on my project?
● Which tax regime should be kept?
● What is the best social standing to have?
Why Us?
LucaPacioli enables you to establish your business without having to travel, to reveal your proposal, analyze its practicality, and the sector's regulations before taking care of the administrative procedures in record time, without the need to visit thanks to;
Industry expertise
We specialize in delivering full services for business formation and takeover in the consulting industry at LucaPacioli. Our expert team is here to help you every step of the way, ensuring a smooth and successful transfer. We understand the industry's particular difficulties and opportunities, allowing us to deliver personalized solutions for your company.
Comprehensive approach
We adopt a comprehensive approach to business establishment and takeover, taking into account all factors such as market study, financial planning, branding, and legal compliance. This guarantees that your company is well-positioned for long-term success.
Customized Solutions:
Because we understand that each consulting firm is unique, we tailor our services to match your specific needs. Our solutions are tailored to your vision and objectives. We advise you on the most appropriate tax and exchange regimes to use, as well as the right legal status in various sectoral branches.
Our Process
Consultation:
We begin with an initial consultation to establish your company's goals and needs by the fundraising strategy for your project.
Planning:
We create a thorough plan outlining the processes required in the business establishment or takeover process based on the consultation.
Our forecast accompaniment contains the following points:
The consistency of the business model
An examination of quantitative information on the project: anticipated turnover,
Budgeted exchange charges
Execution:
Our staff collaborates closely with you to carry out the plan, offering assistance and guidance at each level.
Monitoring and Optimization:
We regularly monitor the project's development, making adjustments as needed to provide the best possible results.
Core Priorities
We track several KPIs throughout the process to assess the performance of the business creation or takeover project. These could include:
Increased revenue
Customer satisfaction
Increase in market share
ROI (return on investment)
Employee involvement
Frequently Asked Questions
Will my existing clients be affected by the takeover?
We prioritize minimizing inconveniences to your current customers. We collaborate with you to create a smooth transition plan that ensures service continuity.
Which is better? Creating a resident business or offshore in Tunisia?
In comparison to the CTB (Central Tunisian Bank) circular, we advise you on all elements of currency management for the offshore program. You are allowed to create your business with complete transparency.
The establishment of an offshore business in Tunisia benefits primarily from the non-dual taxation agreement, which allows you to transfer income produced in the Republic of Tunisia to your home country with very favorable taxation. Under these agreements, your income from Tunisia and taxes paid in Tunisia are no longer taxable and legal.
Is it easy to establish a permanent representation in Tunisia?
In tax terms, a permanent establishment, such as a subsidiary, has an independent personality that is subject to taxation under the following rules:
Profits linked with a permanent establishment are those created inside that establishment's framework and derived from its principal activity, as well as exceptional and accessory profits. Any other income obtained by an undertaking not resident in Tunisia outside the permanent establishment should be treated as income generated by a non-resident and not established in Tunisia, provided that the income does not result from the performance of a part of the permanent institution's object; Profits attributable to the permanent establishment are those profits that the institution would have made if the institution had not been established in Tunisia.
Is it possible to create a commercial business for foreigners in Tunisia?
The firm specializes in transaction consulting and will be there for you if you opt for "commercial" activity in Tunisia.
Some business operations are prohibited in any form for foreign companies. The Decree-Law of 1961 states that "the exercise of the following activities, in any form whatsoever and regardless of the mode of imposition (patent, tax on treatments and wages, tax on profits of non-commercial professions), and except for a derogation granted by the Secretary of State to the Plan and Finance, is prohibited to natural or legal persons who do not possess Tunisian nationality:
Managers of buildings
Commissioner, broker, commercial agent
General or special agent of insurance companies
Concessionary, consignor, general representative, general agent, or sales agent, regardless of the name under which this activity is carried out;
Traveler, and trade representative, regardless of the name under which this activity is carried out.
The execution of the activities specified in the preceding paragraph by Tunisian natural or legal persons is subject to the Secretary of State for Plans and Finance's authorization.
Is it required to obtain a professional card from a trader?
The professional card of a trader materializes the administrative authorization issued to the applicant for the exercise of a professional activity. Any foreign person who wishes to trade in Tunisia must first obtain this permission.
In fact, for a company not to be considered as foreign and therefore almost prohibited from carrying out trade, it would need to be controlled to 51% by Tunisian natural or legal persons, whether its manager or management body is Tunisian nationality, and its headquarters is located in Tunisia. This procedure also requires approval from the Central Bank of Tunisia.
What are the procedures for establishing a business in Tunisia?
All the procedures are summarized on Proservy’s business creation page. It consists of:
Reserve your social name.
Preparation of the provisional status of the company, necessary for creating the company's bank account.
Creation of a temporary bank account. It will be validated and operational at the end of the business creation process.
Obtaining the Agency for the Promotion of Industry and Innovation (APII) approval.
Declaration of existence and obtaining the company's patent.
Registration in the Commercial Register.
Publishing in the morning.
Finally, the officialization of your bank account.
What after the establishment of a business?
This is when the entrepreneurial adventure begins. This includes management of:
The relationship with the Tunisian administration (CNSS, Revenue of Finance, Employment Office, etc.)
The accounting journal
Your invoices, documents, and provision of your premises.
