Regulatory Alerts2006-06-06
Decree No. 2006-1546 of June 6, 2006, implementing the provisions of Articles 13, 13 bis, 13 ter, 13 quater and 256 bis of the Commercial Companies Code
The President of the Republic of Tunisia, upon proposal from the Minister of Finance, issued Decree No. 2006-1546 to implement specific provisions of the Commercial Companies Code regarding statutory audit thresholds and rotation rules. The decree establishes precise numerical limits for balance sheet totals, net revenue, and employee counts that determine audit obligations under Articles 13, 13 bis, 13 ter, 13 quater, and 256 bis. It further defines practices constituting a breach of the statutory auditor rotation principle, sets consolidated financial statement thresholds at 100 million dinars for balance sheets and 25 million dinars for credit commitments, and specifies the calculation criteria for all applicable financial metrics.
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