Tunisia

353 Employees

THIRD-PARTY REVENUES

$289,144,566

RELATED-PARTY REVENUES

$72,163,460

TOTAL REVENUES

$361,308,026

PROFIT BEFORE TAX

$(40,597,403)

TAX PAID

$117,773,263

TAX ACCRUED

$80,368,511

TANGIBLE ASSETS

$217,740,793

STATED CAPITAL

$197,422,498

ACCUMULATED EARNINGS

$150,117,515

Main Business Activities

  • Upstream and Integrated Gas

Shell has been present in Tunisia for almost 90 years. In 2011, Shell sold its Downstream business but continued its upstream exploration. When Shell acquired BG Group in 2016, we became the owner of producing offshore gas fields and their supporting facilities, a liquefied petroleum gas extraction plant, pipelines, storage and export terminals.

Country Financial Analysis

The statutory corporate income tax rate in 2019 in Tunisia was 10-35% (plus additional social solidarity contribution of 1%). A tax rate of 40-50% applied to Shell's upstream operations.

The tax paid comprises three instalments for 2019, and the fourth instalment and final payments for 2018 and previous years.

Our Payments to Governments Report for 2019 also shows payments of around $41 million in .

Royalties
Royalties are generally payment due for the use of an asset. Mineral royalties are payments to governments or other owners for the rights to extract oil and gas resources, typically at a set percentage of revenue less any deductions that may be taken. See also Trademark royalties.
View complete glossary
Download centre
Compare to last year