e-Tafakna50 legal terms explained simply, with a concrete example and what it means for your business.
Using artificial intelligence tools to read a contract, extract its key elements (parties, amounts, durations, deadlines) and spot unusual or one-sided clauses. It speeds up review but does not replace a lawyer's advice on high-stakes matters.
Before signing a forty-page distribution agreement, a CEO gets a list of obligations, penalties and exit terms within minutes.
When you receive a long or technical contract and must quickly decide whether to sign or negotiate.
With E-Tafakna: Elyssa analyses your contract, summarises its key points and flags clauses worth negotiating; you can also talk it through with Kahina.
The rules designed to prevent illicit funds from re-entering the legal economy or financing terrorism. Regulated professions must know their customers, monitor unusual transactions and report suspicions to their country's financial intelligence unit.
A client offers to pay for a large service in cash, split into several payments: the transaction should raise a flag.
If you operate in a regulated activity such as finance, insurance, real estate or certain accounting and legal professions, or work with these players.
TunisiaIn Tunisia, Organic Law No. 2015-26 of 7 August 2015 underpins the framework, and suspicious transaction reports go to the Tunisian Financial Analysis Commission (CTAF).
Source: Tunisian Financial Market Council (CMF) – Anti-money laundering guide (2018)With E-Tafakna: Elyssa tells you whether your activity is regulated and which obligations apply, and the E-Tafakna lawyers network helps you set up internal procedures.
A private method of resolving disputes in which the parties refer their disagreement to one or more arbitrators, chosen by them or by an institution. The award binds the parties and can be enforced in many countries under the 1958 New York Convention, following recognition proceedings.
A Tunisian company and an Emirati distributor agree that any dispute will be settled by arbitration, in French, under a recognised institution.
In international contracts, or when confidentiality and the arbitrator's expertise matter.
TunisiaTunisia has been a party since 1967 to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
Source: UNCITRAL – Status of the New York Convention (1958)With E-Tafakna: Hannibal drafts a precise arbitration clause (seat, language, institution, number of arbitrators), and the E-Tafakna lawyers network assists you in proceedings.
The founding document of a company setting out how it operates: legal form, name, purpose, registered office, capital, allocation of shares, powers of management and decision-making. Signed by the partners and filed on registration, they bind all partners and can be relied on against third parties once published.
A startup's founders provide in their articles that a qualified majority is required to admit any new partner.
When forming the company and whenever the registered office, purpose, capital or management changes.
With E-Tafakna: Elyssa helps you understand every clause of the articles, and the E-Tafakna lawyers network tailors them to your project.
A deed drawn up by a competent public officer, such as a notary, in the form required by law. It is conclusive as to its content and date unless set aside through a specific forgery procedure, and in some countries it is directly enforceable. Certain transactions, particularly in real estate, require one.
To buy its premises, an SME signs the deed of sale before a notary, who keeps the original.
For property sales, some powers of attorney and any deed the law requires to be executed in solemn form.
TunisiaTunisia has been a party to the Hague Apostille Convention since 30 March 2018: a foreign public document can be recognised there with an apostille, except with states that objected to its accession.
Source: HCCH – Status table of the Apostille Convention (1961)With E-Tafakna: Elyssa tells you whether your transaction requires an authentic deed, and the E-Tafakna lawyers network guides you through its preparation.
A party fails to perform a contractual obligation, performs it defectively or performs it late. Depending on the case, the other party may demand performance, withhold its own performance, claim damages or have the contract terminated.
A web agency was due to deliver an online shop on 1 March; by mid-April nothing is live and the client is considering a damages claim.
When a client does not pay, a supplier does not deliver or the agreed terms are not respected.
TunisiaIn Tunisia, validly formed contractual obligations have the force of law between the parties who made them (COC, art. 242).
Source: Code of Obligations and Contracts (COC), art. 242With E-Tafakna: Elyssa helps you assess the breach and prepare a formal notice; if the dispute escalates, the E-Tafakna lawyers network takes over.
A document signed by the parties to modify, supplement or extend an existing contract without replacing it. It identifies the original contract and the clauses changed precisely; all other clauses continue to apply.
A client and its provider sign an amendment to add a module to the app ordered and adjust the price and timeline.
Whenever the price, scope, duration or another key term of a contract changes.
With E-Tafakna: Hannibal generates an amendment linked to the original contract, which all parties sign online with E-Tafakna signature.
Managing a contract from end to end: drafting, negotiation, signature, performance, renewal and archiving. It prevents missed deadlines, notice periods or obligations, and keeps all signed versions in one place.
A thirty-person SME finds its supplier contracts in one click and spots in advance those that renew automatically.
As soon as you manage contracts with several clients, suppliers or partners.
With E-Tafakna: E-Tafakna brings together contract generation with Hannibal, E-Tafakna signature and document tracking in a single workspace.
An in-depth review of a company before an investment, acquisition or major partnership: articles, contracts, intellectual property, employment, tax, disputes, compliance. It identifies risks and helps adjust the price, warranties or terms of the deal.
Before investing, a fund asks for access to a data room containing the startup's articles, customer contracts and list of disputes.
Before a funding round, acquisition or strategic partnership, whether you are the company being reviewed or the one reviewing.
With E-Tafakna: Elyssa helps you check your contracts and prepare the documents to provide, and the E-Tafakna lawyers network carries out the legal review if needed.
An electronic document issued by a certification service provider that links a signing key to the identity of a person or organisation. It is valid for a limited period and can be suspended or revoked; it is what makes it possible to verify who signed a document.
The manager of a SARL obtains an electronic certificate to sign online tax returns and electronic invoices.
Before electronically signing official documents, e-invoices or public procurement bids.
TunisiaIn Tunisia, acting as an electronic certification service provider requires authorisation from the National Electronic Certification Agency (Law No. 2000-83, arts. 9 and 11).
Source: Law No. 2000-83 of 9 August 2000 on electronic exchanges and commerceWith E-Tafakna: For qualified signatures in Tunisia, E-Tafakna signature relies on certificates issued by TunTrust through DigiGO.
An invoice issued, transmitted and stored in a structured electronic format, following a format and process set by the tax authority. It is not simply a PDF sent by email: it is usually electronically signed and may pass through a public platform that checks its compliance.
An IT services company generates invoices in its accounting software, signs them electronically and sends them through the national platform.
When your business falls within your country's mandatory e-invoicing scope.
TunisiaIn Tunisia, e-invoices pass through the Tunisia TradeNet (TTN) platform and must be signed with a recognised certificate; since 2026 the obligation covers businesses and professionals subject to VAT.
Source: La Presse – Understanding Tunisia's e-invoicing requirement in 2026 (in French)With E-Tafakna: Elyssa explains the e-invoicing obligations that apply to your business, and Hannibal includes clear invoicing and payment terms in your contracts.
A process that identifies the signatory of a digital document, expresses their consent and ensures the link with the signed document. It can be simple, advanced or qualified depending on the level of identity verification and security, and its evidential weight depends on that level and the applicable law.
A Tunisian SME sends a service contract to a client in Dakar, who signs it from their phone within minutes.
To sign contracts, quotes and HR documents faster, especially remotely.
TunisiaIn Tunisia, keeping an electronic document has the same evidential value as keeping a written document (Law No. 2000-83, art. 4).
Source: Law No. 2000-83 of 9 August 2000 on electronic exchanges and commerceWith E-Tafakna: E-Tafakna signature lets you sign online with a simple signature or, in Tunisia, a qualified signature through TunTrust DigiGO.
A process that attaches a reliable date and time to a document or electronic signature through a token issued by a timestamping authority. It proves that a document existed at a given moment and has not been altered since.
A startup timestamps successive versions of its source code and mock-ups so it can prove when it created them.
To prove the date of a signature, a creation or a dispatch if it is ever challenged.
TunisiaIn Tunisia, TunTrust offers Tunstamp, a timestamp token service that attests to the existence of an electronic document at a given time.
Source: TunTrust – TunstampWith E-Tafakna: E-Tafakna signature records the date and time of each signature in the document's history.
An employment contract that ends on a set date or once a specific task is completed. Most legal systems limit it to specific cases, such as replacing an absent employee or a temporary increase in activity, and convert it into a permanent contract when those rules are breached.
An online retailer hires two order pickers on fixed-term contracts to handle the sales-season peak.
Before any temporary hire: check that the reason is permitted in the country concerned.
TunisiaSince Law No. 2025-9, fixed-term contracts are allowed in Tunisia only in three specific cases.
Source: DLA Piper – New legislation overhauling Tunisia's employment framework (2025)With E-Tafakna: The CDD template and Hannibal include the reason, duration and required particulars for each country.
An unforeseeable, irresistible event outside the parties' control that makes performance of the contract impossible. It may suspend obligations or end them without the affected party owing damages. The exact conditions vary by country, so the contract should define the events covered and the procedure to follow.
A carrier cannot deliver a client's goods while the authorities keep a port closed.
In supply, transport and long-term contracts exposed to external events.
With E-Tafakna: Hannibal drafts a force majeure clause listing the events covered, the notification duty and what happens if the disruption lasts.
A step by which a creditor formally requires the debtor to perform an obligation within a set time. It has legal effects, such as starting certain late-payment interest, and is often a prerequisite to court action or to terminating the contract. It is usually sent by registered letter or served by a bailiff.
A communications agency sends a formal notice to a client who has not paid three invoices, giving it fifteen days to pay.
Before taking legal action or terminating a contract for non-payment or late delivery.
TunisiaIn Tunisia, the debtor is in default as soon as the due date set in the contract passes; where no date is set, the creditor must first make a demand (COC, arts. 268 and 269).
Source: Code of Obligations and Contracts (COC), arts. 268 and 269With E-Tafakna: Elyssa helps you draft a clear, dated formal notice, and the E-Tafakna lawyers network can take over if needed.
The national law chosen by the parties, or failing that designated by conflict-of-laws rules, to govern the contract: its validity, interpretation and effects. The choice is decisive in international contracts because rules differ widely between countries.
A Tunisian startup selling a software subscription to a Moroccan client states that the contract is governed by Tunisian law.
In any contract with a party based in another country.
TunisiaTunisia is not a party to the UN Convention on Contracts for the International Sale of Goods (CISG): in an international sale, the governing law should be chosen expressly.
Source: UNCITRAL – Status of the CISG (Vienna, 1980)With E-Tafakna: Hannibal includes a governing law clause consistent with the jurisdiction or arbitration clause, and Elyssa explains the consequences of each option.
A clause in which one party undertakes to cover losses, costs or third-party claims suffered by the other party in defined situations. It differs from a limitation of liability clause, which instead reduces what can be claimed.
A freelance designer undertakes to indemnify the client if a third party brings an infringement claim over images used without a licence.
When your business exposes the other party to third-party claims, or the reverse: intellectual property, data, defective products.
With E-Tafakna: Hannibal drafts an indemnification clause matched to the actual risk, and Elyssa explains its reach before you sign.
The rights that protect creations of the mind: copyright, trademarks, patents, designs, plus know-how protected through confidentiality. Some rights arise from the act of creation itself, such as copyright; others require registration, such as trademarks and patents.
A startup has its logo and app built by freelancers: without an IP assignment clause, the freelancers may remain the owners.
When you commission a logo, software or content, launch a brand or share an innovation.
With E-Tafakna: Hannibal includes IP assignment clauses in your freelance and service contracts, and Elyssa explains what you actually own.
A clause designating the court or courts competent to decide disputes arising from the contract. It avoids arguments over jurisdiction and is distinct from governing law, which determines the law applied to the merits. Its validity depends on the country's procedural rules, particularly where a consumer or employee is involved.
A distribution contract gives the courts of Tunis exclusive jurisdiction over any dispute between the manufacturer and its distributor.
In commercial contracts, especially when the parties are based in different cities or countries.
With E-Tafakna: Hannibal aligns governing law, competent court and any arbitration clause to avoid contradictions.
The checks by which an institution identifies its customer, verifies their identity against documents and, for a company, identifies its beneficial owners. Required of banks, insurers and other regulated professions, it helps prevent fraud, money laundering and terrorist financing.
Before opening an account for a new SUARL, a bank asks for its articles, its business register extract and the manager's ID.
When opening a bank account, partnering with a fintech or integrating a payment service.
TunisiaIn Tunisia, financial market intermediaries must identify and verify their customers and beneficial owners, and must not enter into the relationship when due diligence cannot be completed.
Source: Tunisian Financial Market Council (CMF) – Anti-money laundering guide (2018)With E-Tafakna: Elyssa helps you prepare the documents requested during a KYC process, and qualified signature through TunTrust DigiGO relies on a verified identity.
The process by which a business ensures it meets the laws, regulations and standards that apply to its activity: employment law, tax, data protection, anti-money laundering, sector rules. It relies on identifying obligations, setting internal procedures and keeping evidence that they are followed.
Before launching a payments app, a startup maps its obligations on personal data, anti-money laundering and customer contracts.
At all times, and especially before a launch, a funding round or a contract with a large corporate client.
With E-Tafakna: Elyssa researches the legislation that applies to your business, and Kahina answers your day-to-day compliance questions.
A document in which one or more parties express their intention to complete a transaction and set out its main lines: purpose, timetable, steps. Depending on its wording it can create real obligations, so it must state clearly which parts are binding and which are not.
Before acquiring a competitor, an SME signs a letter of intent granting two months of exclusive negotiation.
Before an acquisition, a major partnership or a funding round, to frame the negotiation.
With E-Tafakna: Hannibal drafts a letter of intent that clearly separates firm commitments from points still to be negotiated.
A clause that caps or excludes certain compensation owed for a breach, for example by setting a maximum amount or excluding indirect losses. Its reach is limited: it generally cannot cover fraud or gross negligence.
A SaaS provider limits its liability to the subscription fees paid by the customer over the previous twelve months.
In any commercial contract where a mistake on your side could prove costly for the other party, or the reverse.
With E-Tafakna: Hannibal includes a balanced limitation clause, and Elyssa flags one-sided caps in contracts you receive.
The time after which a legal claim can no longer be brought. Its length varies by country and by the type of debt or claim, and certain acts, such as an acknowledgment of debt or filing a lawsuit, can interrupt it.
An SME finds an invoice that has been unpaid for several years: before chasing the client, it checks that the claim is not time-barred.
As soon as an invoice goes unpaid or a dispute arises: waiting may cost you your rights.
With E-Tafakna: Elyssa researches the limitation period that applies to your situation in the relevant country's legislation.
An amicable method of resolving disputes in which a neutral third party, the mediator, helps the parties reach their own solution. The mediator does not decide: any settlement binds the parties only once they sign it. The process is usually confidential, faster and less costly than litigation.
A client and an agency in disagreement over the invoicing of an ad campaign call in a mediator and sign a settlement after two sessions.
When you want to preserve the business relationship or avoid the time and cost of a lawsuit.
With E-Tafakna: Hannibal includes an amicable settlement clause with a mediation step before any legal action, and Elyssa helps you prepare for the discussion.
Tunisia's public register in which individuals carrying on an economic activity, companies and other entities are recorded. It replaced the trade register and gives access to legal information on businesses, including their beneficial owners. Any significant change must be filed with it.
Before signing with a new supplier, an SME checks the RNE to confirm that it exists and to verify its identifier and managers.
When you set up your business, at every change and before contracting with an unfamiliar partner.
TunisiaThe RNE, governed by Law No. 2018-52, includes a register of beneficial owners, and companies must file the list of their beneficial owners on registration.
Source: Tuniscope – National Business Register (September 2026)With E-Tafakna: Elyssa guides you through RNE registration and updates, and Hannibal includes each party's identifier in your contracts.
A clause preventing a party, often an employee, a partner or the seller of a business, from carrying on a competing activity for a set period and within a set area. To be valid it must generally be limited in time, place and scope and proportionate to the interests protected; some countries also require financial compensation for employees.
A digital agency provides that a senior developer may not join a competing agency in the same city for one year after leaving.
When you hire for a key role, sell a business or bring in a new partner.
With E-Tafakna: Hannibal offers a non-compete clause limited in time, place and scope, and Elyssa flags those likely to be held excessive.
A contract in which one or more parties undertake not to disclose or use, beyond the agreed purpose, the information shared with them. It defines what is confidential, how long the obligation lasts and the exceptions, such as information already in the public domain.
Before presenting its business plan to a distributor, a Tunisian startup asks it to sign a mutual NDA covering pricing, customer lists and the product roadmap.
Whenever you share financial, technical or commercial information with a partner, investor or contractor.
With E-Tafakna: Hannibal drafts a one-way or mutual NDA tailored to your situation, ready to sign with E-Tafakna signature.
The time that must elapse between announcing a decision to end a contract and the date on which it actually ends. Its length is set by law, a collective agreement or the contract. Failing to respect it may oblige you to compensate the other party.
An employee who resigns informs her employer in writing and keeps working for the notice period that applies to her role.
Before resigning, dismissing an employee, leaving rented premises or ending a service contract.
With E-Tafakna: Hannibal sets the length and terms of notice in your contracts, and Elyssa helps you work out which notice applies to your situation.
A clause fixing in advance the sum a party must pay if it fails to perform or performs late. It removes the need to prove the amount of loss and encourages deadlines to be met. In several civil law systems a court may reduce or increase a manifestly excessive or derisory amount, while common law courts may refuse to enforce a clause that punishes rather than pre-estimates loss.
An app development contract sets a fixed amount per day of delay after the delivery date, capped at a percentage of the price.
When meeting a deadline or a specific obligation is essential to your business.
With E-Tafakna: Hannibal includes a proportionate penalty clause with a clear cap and trigger, and Elyssa reviews the ones you are offered.
An employment contract with no end date. It ends through the employee's resignation, a dismissal based on a ground recognised by law, or mutual agreement, following the applicable procedures and notice.
A startup hiring its first full-time developer for a permanent role offers a permanent contract with a probation period.
As soon as you hire for a lasting position in your company.
TunisiaSince Law No. 2025-9 of 21 May 2025, the permanent contract is the default form of employment contract in Tunisia.
Source: DLA Piper – New legislation overhauling Tunisia's employment framework (2025)With E-Tafakna: E-Tafakna's CDI template and Hannibal produce a contract adapted to the chosen country, signed online by employer and employee.
Any information that directly or indirectly identifies an individual: name, phone number, email, IP address, photo, health data. Processing must have a legal basis, serve a specified purpose and be secure, and the individuals concerned have rights, including access and rectification.
A delivery app collecting customers' addresses and phone numbers must tell them how their data is used and protect it against leaks.
As soon as you collect data on customers, prospects or employees, including through a website or app.
TunisiaIn Tunisia, any processing of personal data requires prior notification to the National Authority for the Protection of Personal Data (INPDP) (Organic Law No. 2004-63, arts. 7 and 75).
Source: Organic Law No. 2004-63 of 27 July 2004 on the protection of personal data (in French)With E-Tafakna: Hannibal includes data protection clauses in your contracts, and Elyssa helps you identify your notification obligations.
A document drawn up and signed by the parties themselves, without a public officer. It proves the signatories' agreement, but carries less evidential weight than an authentic deed, and its date may need a formality, such as registration, to be enforceable against third parties. Most everyday commercial contracts are private agreements.
Two partners sign an acknowledgment of debt between themselves: it is a private agreement, which they can have certified and registered to strengthen it.
For almost all your commercial contracts: services, NDAs, sales, employment contracts.
With E-Tafakna: E-Tafakna contract templates produce private agreements you sign online with E-Tafakna signature.
A period at the start of an employment contract during which the employer assesses the employee's skills and the employee assesses the job. Either party can end the contract more easily during it, under the rules set by law or the contract. Its maximum length and renewal are regulated by law.
An SME hires a sales manager with a probation period set out in writing in the contract, renewable once.
At every hire: the probation period must be agreed in writing and stay within legal limits.
TunisiaIn Tunisia, since Law No. 2025-9, the probation period is capped at six months, renewable once.
Source: DLA Piper – New legislation overhauling Tunisia's employment framework (2025)With E-Tafakna: Hannibal includes a probation clause within the limits of the chosen country, and Elyssa answers your questions about ending it.
The highest level of electronic signature: it relies on a qualified certificate issued by an accredited trust service provider after verifying the signatory's identity, and on a secure signature-creation device. In many countries it has the same legal effect as a handwritten signature.
A bank asks an SME's manager to sign a loan agreement with a qualified signature, confirmed by a one-time code sent to his phone.
For high-stakes documents, contracts with public bodies or banks, and any document whose proof must be beyond dispute.
TunisiaIn Tunisia, DigiGO, TunTrust's remote signing solution, lets users sign from a mobile phone with a one-time code; TunTrust states that these signatures have evidential value equivalent to handwritten signatures.
Source: TunTrust – DigiGOWith E-Tafakna: In Tunisia, E-Tafakna signature offers qualified signatures through TunTrust DigiGO, directly from your contract.
A company whose capital is divided into shares and whose shareholders bear losses only up to their contributions. More regulated than a SARL, with a board of directors or management board and a statutory auditor, it suits projects raising significant funds or aiming for a stock market listing.
A fintech preparing a funding round with several investors converts its SARL into an SA to issue shares.
When you plan to bring in many investors or go public.
TunisiaIn Tunisia, a public limited company must have at least seven shareholders (Commercial Companies Code, art. 160).
Source: Tunisian Commercial Companies Code (2022 consolidated version)With E-Tafakna: Elyssa explains the governance differences between a SARL and an SA, and the E-Tafakna lawyers network handles the conversion.
A commercial company whose partners bear losses only up to the amount of their contributions. Popular with SMEs for its flexibility, it is run by one or more managers, and transferring its shares to outsiders generally requires the partners' approval. Minimum capital depends on the country and current regulations: check it when you incorporate.
Three friends launching a marketing agency in Sousse set up a SARL and appoint one of them as manager.
When you start a business with others and want to keep your personal assets separate from the company's.
TunisiaIn Tunisia, a SARL may not have more than fifty partners.
Source: Tunisian Commercial Companies Code (2022 consolidated version)With E-Tafakna: Elyssa compares company forms for your project, and the E-Tafakna lawyers network assists you with the articles and registration.
A payment made by the employer to an employee whose permanent contract is ended at the employer's initiative. The amount usually depends on length of service, salary and statutory or collective rules, and it may not be due in cases of serious misconduct. It is separate from damages owed for unfair dismissal.
After closing a regional branch, a company calculates the severance owed to each dismissed employee based on length of service.
Before ending any employment contract at your initiative.
With E-Tafakna: Elyssa helps you identify the applicable rules, and the E-Tafakna lawyers network secures the dismissal procedure.
A transaction in which a partner sells or gives away some or all of their shares in a company, particularly a SARL. It is governed by law and the articles, which often require the other partners' approval when the buyer is an outsider, and the required formalities must be completed for it to be effective against the company and third parties.
A co-founder leaving the startup transfers his shares to the two remaining partners at a price set by an independent expert.
When a partner leaves, a new partner joins or the company is sold.
TunisiaIn Tunisia, transferring SARL shares to an outsider requires the approval of partners holding at least three quarters of the share capital (Commercial Companies Code, art. 109).
Source: Tunisian Commercial Companies Code (2022 consolidated version)With E-Tafakna: Elyssa explains the approval procedure and formalities, and the E-Tafakna lawyers network drafts the transfer deed.
The name given to laws granting a label and benefits to young innovative companies: tax incentives, easier access to funding, leave for employed founders. Tunisia adopted its own in 2018, and other African countries have followed with their own legislation.
A Tunisian logistics startup obtains the label, allowing its co-founder, employed by a large company, to take leave to work on it full time.
From the moment you set up an innovative company, to check whether it can obtain the label and its benefits.
TunisiaIn Tunisia, Law No. 2018-20 of 17 April 2018 limits the label to companies no more than eight years old with a highly innovative model and strong growth potential, and gives founders startup leave and a startup grant.
Source: Law No. 2018-20 of 17 April 2018 on startups (in French)With E-Tafakna: Elyssa explains the label's conditions and benefits, and the E-Tafakna lawyers network supports your application.
A SARL formed by a single partner, who may be an individual or a legal entity. It lets an entrepreneur operate alone through a company and keep personal assets separate from the business. The term is used in Tunisia; the French equivalent is the EURL.
A freelance consultant working with large corporate clients sets up a SUARL in which she is the sole partner and manager.
When you start a business on your own and want a company structure rather than a sole proprietorship.
TunisiaIn Tunisia, the SUARL follows the SARL regime, and an individual may set up only one SUARL (Commercial Companies Code, arts. 148 and 149).
Source: Tunisian Commercial Companies Code (2022 consolidated version)With E-Tafakna: Elyssa compares the SUARL, sole proprietorship and self-employed status for your project, and the E-Tafakna lawyers network helps you incorporate.
The identifier issued by the Tunisian tax administration to individuals and legal entities carrying on a taxable activity. It identifies the business in its tax returns and appears on its invoices and commercial documents.
An agency shows its own tax identification number and its client's on every invoice it issues.
From the start of your activity, before issuing your first invoice.
With E-Tafakna: Contracts generated by Hannibal include each party's tax identifier, and Elyssa answers your questions on filing obligations.
A short document summarising the main terms of an investment before the final agreements are drafted: amount, valuation, type of securities, governance, investor rights. It is largely non-binding, except for certain clauses such as confidentiality or exclusivity.
A seed fund sends a startup a term sheet setting out the amount invested, a board seat and a liquidation preference clause.
As soon as an investor formalises its interest, before negotiating the final agreements.
With E-Tafakna: Elyssa breaks down every clause of your term sheet, and the E-Tafakna lawyers network supports you in the negotiation.
A clause setting out how and on what conditions a party may end the contract: for the other party's breach, for convenience subject to notice, or when specific events occur. It also governs what happens afterwards: sums due, return of documents, confidentiality.
A maintenance contract allows either party to end it with three months' notice, and immediately if an unpaid invoice is not settled.
Before committing to a long-term or automatically renewing contract.
With E-Tafakna: Hannibal offers termination clauses for breach and for convenience, with clearly defined notice and exit consequences.
Two ways of ending a contract that should not be confused. Rescission (résolution in civil law) unwinds the contract, in principle retroactively, usually for a serious breach, and requires each party to return what it received. Termination (résiliation) ends the contract for the future only and mainly applies to ongoing contracts such as a lease or a subscription.
An SME terminates its vehicle rental contract: rent already paid is not refunded. If it obtains rescission of a sale for non-delivery, it recovers the price paid.
When you want to exit a contract and need to choose the right basis and its financial consequences.
With E-Tafakna: Elyssa explains which route applies to your contract and its effects, and Hannibal drafts the matching clauses.
A commitment by which a seller or service provider answers for the conformity and proper functioning of what it supplies. Alongside statutory warranties, such as the warranty against latent defects in a sale, the contract can provide a commercial warranty with a defined duration and scope.
An IT equipment supplier undertakes to replace, for one year, any faulty laptops delivered to an SME.
When buying or selling goods, software or services whose quality your business depends on.
With E-Tafakna: Hannibal sets out the duration, scope and exclusions of the warranty in your sale and service contracts.
Create your contract, adapt it to your country and sign it online.