Creating a Company in 24 Hours: A Key Measure in Investment Code Reform

Tunisia is set to overhaul its investment code as part of the 2026-2030 Development Plan, aiming to invigorate investment and foster a more favorable business environment. A central pillar of this reform is the significant reduction in the time required to legally establish a company, bringing it down to a maximum of 24 hours. This move is intended to align Tunisian business practices with international standards and streamline bureaucratic processes.

The proposed changes are designed to address existing hurdles and create a more attractive landscape for both domestic and foreign investors. The revision of the investment code is a comprehensive effort, signaling a strategic push by the Tunisian government to boost economic activity and competitiveness on a global scale. The specific details of the broader code revision are still being finalized, but the 24-hour company creation benchmark stands out as a flagship initiative.

This initiative reflects a broader trend in developing economies seeking to simplify regulations and attract capital. By drastically cutting down the establishment period, Tunisia hopes to signal a commitment to efficiency and modernity in its economic governance. The success of these reforms will likely be measured by their impact on investment flows and overall business confidence in the coming years.