Investment Investissement Method

Echoing to the new presidential measures stating encouragement to investment, the MTU SICAR, subsidiary of the Habitat Bank, has taken initiatives and new measures aiming at helping you realize your project and allowing you to profit from the advantages granted via the following funds :

FUPROID (Funds of Promotion and Industrial Decentralization)

  • Eligible activities :
  • New promotors :
    Manufacturing industries figuring in the annexe of decree n° 94-492 of 28 / 02 / 1994;
    Services figuring in annexe 1 of decree n° 99-482 of 01 / 03 / 1999 and subsequent texts.

  • Small Businesses :
    Manufacturing industries figuring in the annexe of decree n° 94-492 of 28 / 02 / 1994;
    Services figuring in annexe 1 of decree n° 99-484 of 01 / 03 / 1999 and subsequent texts.
    • The concerned investments :

    Creation investment whose global cost does not exceed ten million dinars (NP & SME).
    Extension investment whose global cost, including net fixed assets, does not exceed ten million dinars (SME)

    • Legal structures of capital :

    New Promotors

    Small Businesses

    Shareholders

    Profit-sharing(1)

    Profit-sharing(2)

    Shareholders

    Profit-sharing(1)

    Profit-sharing(2)

    Promotor
    MTU SICAR
    FUPROID

    10% (min)
    10% (min)
    60% (max)

    20% (min)
    20% (min)
    30% (max)

    Promotors& Associates
    MTU SICAR
    FUPROID

    40%
    30% (min)
    30% (max)

    80%
    10% (min)
    10% (max)

    (1) : For the first investment sum and up to two million dinars;
    (2) : For the investment balance and up to ten million dinars;

    • SICAR profit-sharing :
      1. SICAR profit-sharing is distributed as follows :
        • Profit-sharing on the proper resources of the SICAR;
        • Profit-sharing on FUPROID resources, granted by decision of the Ministry charged with Industry, with notice from API advantages’ commission.

      2. profit-sharing retrocession :
        Retrocession of profit-sharing imputed on FUPROID resources is carried out in favour of new promotors with a nominal rise of 3% and this in a time-limit not exceeding 12 years; as for SME, the retrocession is worked out at a nominal increase at the rate of Tunisia Central Bank (TCB) offers within the same time-limit of 12 years.
        In both cases the dividends come by way of deductions from the amounts to pay
    • Financial advantages :
    Advantage type
    New promotor 

    Small Businesses

    1. Bonus of study and technical assistance 70% of at study cost levelled off at 20.000 D. 70% of at study cost levelled off at 20.000 D.
    2. Investment bonus 10% of the tools value levelled off at 100.000D Nil
    3. Taking in charge the price of the building-plot or the industrial building 1/3 of the price of the building-plot or the industrial building levelled off at 30.000 D Nil
    4. Immaterial investments bonus 50 % of the immaterial investment value. 50 % of the immaterial investment value.
    5. Bonus for technological investment of priority 50% investment value levelled off at 100.000 D. 50% investment value levelled off at 100.000 D.
    6. Taking in charge of patronal contribution in social security system. During the first five years of positive activity. Within regional development

    The RIIIT (Regime of Inciting to Innovation in the field of Information Technology)

    • Maximum cost : 500.000 D
    • Eligible activities :
      The activities giving right to benefit of RIIIT concourse as estimated by the articles 12,13,14,19 and 20 of act n° 98-111 of 28 / 12 / 1998, are set as follows :
      • Production or development of numerical software or contents;
      • Production or development of technical systems and solutions of high added value in the field of information technology and that of telecommunication;
      • Development of innovating services based essentially on information technologies and those of telecommunication where they are destined to.
    • The concerned investments :
      • Are eligible to RIIIT concourse, the new projects whose cost does not exceed 500.000 D
      • Are eligible to RIIIT concourse, the extension projects whose cost does not exceed 500.000 D, including the net fixed assets.
    • Capital juridical structures :

    Financing

    Amount (in md)

    %

    Proper funds:
    Promotor
    MTU SICAR
    RIIIT
    C.M.T

    250 (min. required)
    5 (min. in cash)
    122,5 (min.)
    122,5 (max. authorized)
    250

    50% (min. required)
    2% (min. in cash)
    49% (min.)
    49% (max. authorized)
    50%

    • SICAR profit-sharing :
      1. The SICAR profit-sharing :
        The SICAR profit-sharing with the project’s capital should be at least equal to RIIIT profit-sharing.
        The profit-sharing of SICAR with the project’s capital is distributed as follows:
        • A profit-sharing on the proper resources of the SICAR;
        • A profit-sharing on RIIIT resources granted by decision of the Technologies and Communication Ministry, with notice from consultative commission (decree n°2003-2053 of 06/10/2003).

      2. profit-sharing retrocession :
        The promotor can ask for the repurchase of RIIIT profit-sharing with a nominal overvalue of an annual remuneration at an average rate of offers applied by TCB, and this within a period of time not exceeding seven years starting from the date of the profit-sharing subscription.
        The dividends come by way of deductions from the amounts to pay.

    The FOSDA (Funds Of Subsidies and of Agriculture Aid)
    The ENF 21-21
    The Funds of Development of Competition