AFEK MUTUAL FUND - share savings account (FCP AFEK CEA)
Enjoy a double advantage: shared management of the funds invested coupled with a tax incentive
AFEK Mutual Fund - Share Savings Account is a blended distribution investment aimed for natural persons and which provides :
- A high yield borne from a saving carried out over a long duration : savings are frozen over 5 years starting on the 1st January of the year following the subscriptions
- An annual distribution of dividends
- Non-taxation of the capital gains made
- Dividends are subject to a 10% withholding tax
- The amount invested in Share Savings Account (with a ceiling of 50,000 TND) is deductible from annual taxable revenues
- Recover between 15% to 35% of the invested amount with a limit of 40% of tax of the first year of investment.
Provisions relating to the Honour Loan
As part of the regulatory framework governing the Honour Loan (Crédit d’Honneur), we would like to inform our valued customers that, as of today, our Bank is not concerned by the application of the provisions set out in the aforementioned Decree.
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