Register for the PMN

The first phase is triggered by the company's application for membership and culminates in the approval of its upgrade plan.

Membership in the PMN is obtained by simply submitting an application, a template for which is available on the website. www.pmn.nat.tn (download membership application form) to be submitted to the Upgrade Office.
This request must be accompanied by or followed by copies of the following documents:

• The commercial register,
• API declaration,
• The tax identification number,
• Proof of commencement of production (or the first invoice and tax return).

The diagnostic study/upgrade plan must be submitted to the upgrade office within one year of the date of membership, unless this period is extended upon written request by the company and for justified reasons.

This study must be accompanied by the following documents:

And for the granting of the diagnostic bonus / Upgrade Plan:

The decision to grant benefits includes the various investment categories, their estimated costs, the corresponding premiums, and any related reserves.
The costs included in decisions to grant benefits will be assessed and validated when funds are released, taking into account what has been achieved.

The second phase involves unlocking the upgrade bonuses.

The release of investment premiums is linked to the completion of the actions set out in the upgrade plan. The rules governing the implementation of an upgrade plan are as follows:
Reference date:
Investments made prior to the date of membership are not eligible for upgrade benefits.
Updating:
The company may update its upgrade plan by introducing unforeseen investments or by modifying the consistency or costs of the investments selected. In this case, the date of accession is maintained as the reference date.
Overtaking:
In the event of unforeseen investments or investments exceeding the approved cost, these investments may benefit from upgrade advantages, subject to approval by the steering committee when the final installment of the bonus is released.

Monitoring of implementation is initiated upon simple request by the company to the Upgrade Office, which entrusts it to the relevant Sector Technical Center (the company is informed in writing of the commencement of the monitoring mission).
The company is required to contact the technical center and inform it of its availability to receive the monitoring assignment.

Bonuses are released for selected tangible and intangible investments:

• In no more than four installments;
• And by requiring a minimum completion rate of 30% for the first release, and more than 60% for the third release.

The company can benefit from the release of the premium relating to intangible investments as soon as the action concerned has been fully completed, regardless of the rate of completion of the upgrade program.

The release of bonuses is subject to compliance with the following two financial conditions:

• Positive working capital,
• And a level of equity capital covering at least 30% of net fixed assets.

The premium for tangible investments is calculated on the basis of 10% for all intermediate premium tranches released before the closure of the company's upgrade file.

As a result, the financing elements declared by the company and the surplus equity will only be taken into account for the calculation of the premium (10% to 20%) when the final tranche is released at the end of the Upgrade Plan.

Source: http://www.pmn.nat.tn/