Eligible investments :
projects for the treatment of water and atmospheric pollution caused by the company’s activity ; projects adopting clean and non-polluting technologies, allowing the reduction of pollution at the source or the control of the exploitation of resources ; collective pollution control equipment carried out by public or private operators, on behalf of several companies carrying out the same activity or emitting the same type of pollution.
Incentives :
a bonus that represents 50% of the value of the components of the investment is capped at three hundred (300) thousand dinars.
Eligibility conditions :
Companies benefit from a participation in the capital charged on the resources of the Tunisian investment fund, in accordance with the following cumulative conditions:
– the investments made in priority sectors and the activities concerned by the regional development bonuses– – the companies created whose investment volume does not exceed fifteen (15) million dinars including working capital. It also includes expansion investments provided that the total investment does not exceed fifteen million dinars, including net fixed assets.
Methods of profit from equity participation :
The participation in the capital is granted for the benefit of projects carried out by individuals of Tunisian nationality for a single time within the framework of the investment law, and this on the basis of a capital between 30% and 40% of the cost of the investment, according to the following scheme:
– for projects whose cost is less than or equal to two (2) million dinars, the rate of the participation charged on the resources of the Tunisian investment fund must not exceed 60% of the capital, the investor must justify a personal contribution of at least 10% of said capital. The capital structure must also include a participation by a venture capital investment company or by risk mutual funds of at least 10% of said capital ; – for projects whose cost exceeds two (2) million dinars, the rate of the participation charged on the resources of the Tunisian investment fund must not exceed 30% of the capital.
The investor must contribute at least 20% of said capital and a venture capital investment company or by risk mutual funds participates by at least 20% of said capital.
The participation of the Tunisian investment fund must not exceed the ceiling of two (2) million dinars.
Remarks :
* The transfer of the participation imputed from the resources of the Tunisian investment fund in favor of the beneficiaries is made at its nominal value increased by 1% per year for projects whose cost is less than or equal to two (2) million dinars and 3% for projects whose cost exceeds two (2) million dinars, and this within a maximum period of twelve (12) years.
* The conditions and terms of transfer of the participation are fixed by an agreement to be concluded between the venture capital investment company and the beneficiary company or between the manager of the risk investment funds and the depositary and the beneficiary company.