In Tunisia’s relatively small legal market, foreign investment is a key driver of growth, with both local and international law firms acting for clients on cross-border transactions. The Tunisian economy is largely oriented towards services, and the information and communication technology and tourism sectors are growing rapidly. Agriculture is another significant sector, accounting for around 10% of Tunisia’s GDP. Unemployment and inflation remain high, largely due to the country’s turbulent political environment following the Arab Spring revolts in 2011 and the impact of Covid-19.
Local firms such as Adly Bellagha & Associates, Cabinet Donia Hedda Ellouze, Ferchiou & associés, JurisMed and Meziou Knani & Khlif are well placed to advise on local and cross-border mandates. In addition, the Tunis-based offices of international firms, such as Eversheds El Heni (a member of Eversheds Sutherland) and Global Lawyers North Africa in partnership with Gide Loyrette Nouel, are able to utilise their international presence on various Tunisian transactions and disputes, and are regularly instructed by foreign investors and international clients. International firms based in Casablanca, Paris and London are also prominent in Tunisia and are often engaged on major projects, as well as corporate and financing transactions.