Support Mechanisms

These mechanisms are integrated into the national export promotion policy. They consist mainly of special support funds and foreign exchange facilities.

Special export support funds

Whether prospecting on foreign markets, financing export projects or covering risks abroad, financial tools are made available to the exporter to support him in the international such is the case for

FOPRODEX

The export promotion fund partially provides a range of promotional actions on target countries with a preferential rate for
Sub-Saharan African countries. The management of this fund is entrusted to the export promotion center. For more information on promotion actions and the creation of help requests, please visit the CEPEX website.

DHAMEN Finance

DHAMEN finance’s mission is to support Tunisian companies in their export strategies by providing them with a guarantee from banks, as part of the financing of their exports before shipment.
The management of this fund is entrusted to the Tunisian Company for Foreign Trade Assurance (CONTUNACE).

Foreign exchange facilities

In addition to the above funds, exchange facilities are granted to the exporter for:

Opening of foreign currency accounts

The use of this procedure can be applied according to three types ofspecial accounts:

Professional foreign currency account: Any resident company with foreign currency earnings from the export of goods or services can freely open one or more foreign currency accounts with 100% of export earnings.These accounts are intended to cover current expenses related to the company’s activity.

The International Trading Account:Any resident company engaged in international trade can open an international trading account to cover the costs and payment of their international trading operations.
Account of natural persons: Resident natural persons with foreign exchange earnings from services rendered abroad or profits distributed to them in respect of their capital interests in resident companies carrying out exports may have personal foreign exchange accounts opened to cover their possible foreign exchange needs.

Currency financing

Resident companies benefit from foreign currency credits from local banks for the financing of their import and export operations (export pre-financing credit, mobilization of foreign claims, etc.).

They may freely borrow from non-residents in foreign currency for the financing of their activities (supplier credit, buyer credit, financial credit, etc.), issue and provide guarantees to cover such loans.

Export business travel allowance (AVAE)

Any natural or legal person exporting goods or services may have business-exporter allowances files opened freely with the banks to cover the living expenses of his business travel.

Transfers of payments inherent in contracts carried out abroad

Payments for contracts of works, studies, monitoring, control and other services carried out abroad can be made freely by the contract holder.

Freedom of transfer for investment abroad

Resident companies may freely invest abroad and make the transfers necessary to finance these investments within the limits and conditions set by the regulations in force.

Other procedural facilities

The exporter may benefit from an electronic domiciliation of his export invoice. When it comes to necessary imports of goods for the production of exporting companies, the regulations in force did not require any exchange formalities. For these same operations, these companies can benefit from the freedom to make advance payments without issuing guarantees.

For more informations

Consult the collection of texts governing the exchange regulations in force as published on the website of the Central Bank of Tunisia