Startup Act : The leagal framework
The Startup Act is a legal framework consisting of the three main texts.It integrates 20 measures structured around a Label of Merit and benefits to entrepreneurs, investors and Startups.
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Law No. 2018-20 of April 17, 2018 relating to Startups.
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Decree No. 2018-840 of October 11, 2018 establishing the conditions, procedures and deadlines for granting and withdrawing the Startup label and the benefit of incentives and advantages for Startups and the organization, prerogatives and operating procedures of the labeling committee.
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Circulars of the Central Bank of Tunisia No. 2019-01 and 2019-02.
It is mainly materialized by :
How to obtain the label ?
The Startup Label is a label of merit granted to any company under Tunisian law that meets the labeling criteria. This Label is the keystone to access the Startup Act universe. The company applying for the Startup Label must verify the following 5 labelling criteria :
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Age
The company must be less than 8 years old since its leagal incorporation.
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Size
The company must have less than 100 employees and less than 15 MDT (millions of dinars) of total balance sheet or annual turnover.
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CAPITAL INDEPENDENCE
More than 2/3 of the company's capital must be held by individuals, regulated investment organizations (investment funds, etc.) or foreign startups.
How to proceed to end a leave for startup creation?
To end a leave of absence for Startup creation, the beneficiary formulates a request and expresses his wish to return to his original function or body via the Startup electronic portal. The original employer is informed in writing and required to notify the agen or employee concerned to retunr to his original position or body within thirty (30) days from the date of notification, failing wich he will be considered to have abandoned his position.
How to proceed to end a leave for startup creation?
To end a leave of absence for Startup creation, the beneficiary formulates a request and expresses his wish to return to his original function or body via the Startup electronic portal. The original employer is informed in writing and required to notify the agen or employee concerned to retunr to his original position or body within thirty (30) days from the date of notification, failing wich he will be considered to have abandoned his position.
How to proceed to end a leave for startup creation?
To end a leave of absence for Startup creation, the beneficiary formulates a request and expresses his wish to return to his original function or body via the Startup electronic portal. The original employer is informed in writing and required to notify the agen or employee concerned to retunr to his original position or body within thirty (30) days from the date of notification, failing wich he will be considered to have abandoned his position.
How to proceed to end a leave for startup creation?
To end a leave of absence for Startup creation, the beneficiary formulates a request and expresses his wish to return to his original function or body via the Startup electronic portal. The original employer is informed in writing and required to notify the agen or employee concerned to retunr to his original position or body within thirty (30) days from the date of notification, failing wich he will be considered to have abandoned his position.
Startup Act
The Startup Act is a legal framework dedicated to Startups in Tunisia. This framework is designed to facilitate the launch and development of Startups from Tunisia.
About Startup Act
Startup Invest
The Startup Act is a legal framework dedicated to Startups in Tunisia. This framework is designed to facilitate the launch and development of Startups from Tunisia.
About Startup Invest
Startup Empower
The Startup Act is a legal framework dedicated to Startups in Tunisia. This framework is designed to facilitate the launch and development of Startups from Tunisia.
About Startup Empower
ANAVA Fund of Funds
Fund of Funds has been lunched to cover the overall financing activity of the Tunisian startups’ ecosystem. It is uniquely positioned as the first fund of funds entirely dedicated to finance funds across the different stages of development life cycle.
- SEED
- EARLY
- GROWTH
About Startup College
It is composed of a President and eight (08) members, all volunteers, from the public and private sectors related to Startups, entrepreneurship, innovation, investment and support.
To Know more about advantages
Echoes from the startup constellation
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