REGULATIONS

The commercial or industrial enterprises established in Morocco are subject to tax law.
To this effect can be distinguished:
 • taxes paid by corporations: the Tax on Companies (IS).
.• taxes paid by companies of people: it is the tax on the General Revenue (IGR).

 As for other taxes, they are common to 2 categories of companies. These taxes are: rights record, stamp duty, notary fee, city tax, tax of municipal administration, patent, VAT and other taxes.

A - The rate of corporate tax is reduced to 35%.

B - Companies exporting products or services are for the amount of their turnover from exports of specific benefits up to the total exemption from corporate tax for a period of five years and a reduction of 50% over this period.
 However, with regard to enterprises exporting services, exemptions and reductions above apply only turnover from exports made in foreign currencies.

C -. Companies that locate in the prefectures and provinces whose level of economic activity requires preferential tax treatment, receive a 50% reduction of corporate tax during the first five years following the date of their operation , Excluding establishments of companies not having their headquarters in Morocco, dependent on public works, supplies or services, credit institutions, insurance companies and real estate agencies.

D - The craft enterprises, whose production is the result of a mainly manual, receive a 50% reduction of corporate tax during the first five years following the date of their operation, and whatever the place of their location.
 (Article 7 of the Charter Investment)

A - It is carried out a redevelopment rates in the scale of the general tax on income, the maximum tax rate should not exceed 41.5%.

B - Companies exporting products or services are for the amount of their turnover from exports of specific benefits up to the total exemption of general tax on income for a period of five years and a reduction of 50% of that tax beyond this period.
However, with regard to enterprises exporting services, exemptions and reductions above apply only turnover from exports made in foreign currencies.

C - Companies that locate in the prefectures and provinces whose level of economic activity requires preferential tax treatment, receive a discount of 50% of the general tax on income during the first five years following the date of their operation, excluding establishments of companies not having their headquarters in Morocco, dependent on public works, supplies or services as well as estate agents.

D - The craft enterprises, whose production is the result of a mainly manual, receive a discount of 50% of the general tax on income during the first five years following the date of their exploitation, regardless that the place of their location.
E - The benefit from the advantages provided above is subject to the maintenance of proper accounting in accordance with the legislation.
(Article 8 of the Charter Investment)

Are exempt from registration fees acts of acquiring land for a project investment, excluding acts referred to in paragraph a) of the second paragraph below, subject to the completion of the project within a maximum period of 24 months from the date of the act.
Are subject to a registration fee at a rate of 2.5%:
a) acts of acquiring land for carrying out operation estate and construction;
b) the first acquisition of buildings above a natural or legal persons other than credit institutions or insurance companies.
Are subject to a registration fee at the maximum rate of 0.50% contributions to society on the occasion of the constitution or the capital increase of society.
 (Article 5 of the Charter Investment)

 The shares, founders and bonds issued by corporations, are exempt from the law and the formality of tone.

0.25% for acts of incorporation of companies on the amount of share capital with a minimum of 100 DH
0.50% on the price of the sale or transfer, or the most important value of properties exchanged.

 Source: RB: 4627 bis of 5.10. 98 98

Are exempt from city tax, new construction, additions to buildings and appliances an integral part of the production facilities of goods or services, and for a period of five years following the completion of their or their installation.
Excluded from this exemption establishments, companies and agencies referred to the last paragraph of Article 12 above, excluding companies leasing as regards the equipment they acquire on behalf of their clients.
(Article 13 of the Charter Investment)

10% of the normal rental value of buildings located inside the perimeters of urban centres and demarcated.
 6% of the normal rental value of buildings located in peripheral areas of urban communes.

 The tax variable principal amount of the tax patents was deleted.
East exempt from tax on patent, any person or entity engaged in Morocco in a professional activity, industrial or commercial, and for a period of five years which runs from the date of commencement of its activity.
Excluded from this exemption establishments companies and firms not having their headquarters in Morocco, dependent on public works, supplies or services, credit, insurance companies and real estate agencies.
 (Article 12 of the Charter Investment)

 Are exempt from value added tax inside and import capital goods, materials and tools to be included in an account of detention and giving entitlement to deduct in accordance with the legislation on tax value added.
Companies subject who paid the tax at the import or acquisition of local goods mentioned above have the right to a refund of that fee.
 (Article 4 of the Charter Investment)

 Are maintained for capital goods and during the period specified in the first article above, the measures envisaged by the legislation relating to corporate tax and the general tax on income in respect of depreciation Tapering.
(Article 6 of the Charter Investment)

Are considered as deductible expenses, provisions made within 20% of taxable income before tax by enterprises to carry out an investment in capital goods, machinery and equipment, within the limit 30% of that investment, excluding land, buildings other than professional use and passenger vehicles.
Are maintained as deductible expenses, provisions made by mining companies for reconstitution of mineral deposits in accordance with the legislation
 The corporate tax or the general tax on income.
The above provisions used for the purpose for which they were created are plotted on a provisional account entitled "provisions investment."
The amounts shown in the "provisions investment" are only used:
- by incorporation into the capital;
- or subtracted from deficits of previous years.
(Article 10 of the Charter Investment)

Regarding local taxation, there shall be a simplification and harmonization of the maximum rate and tax bases and their adaptation to the needs of development and investment.
(Article 14 of the Charter Investment)

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