
The 7- tax advantages for foreign investors in Morocco
Morocco, with its economic and political stability, has become a popular destination for foreign investors. Beyond its modern infrastructure, the country offers significant tax advantages to encourage investment. Find out how these measures can turn your project into a success.
1. Tax exemption for free zones
Enterprises located in free zones benefit from a total exemption from corporate tax (IS) for the first five years. Beyond that, they benefit from a reduced rate of 15%, enabling them to maximize profit margins.
2. Reduction of VAT on exports
Goods and services intended for export are exempt from VAT. This is a powerful economic lever for companies targeting the international market from Morocco.
3. Incentives for industrial investment
New investments in the industrial sector benefit from an exemption from business tax for five years. This considerably reduces the burden for industrialists starting their activities.
4. Benefits for exporting firms
Exporting companies benefit from a total exemption from corporate tax for their export earnings during the first five years. Thereafter, a reduced rate of 17,5 % shall be applied.
5. Reduction of social security contributions
To support employment, there are payroll tax breaks for companies that hire recent graduates or hire in strategic sectors.
6. Non-double taxation agreements
Morocco has signed more than 50 double taxation agreements with various countries. These agreements allow investors to avoid paying taxes twice on income generated in Morocco.
7. Tax support for renewable energy
Renewable energy projects benefit from significant tax incentives, including exemptions from import duties and VAT on equipment.
Conclusion
Investing in Morocco offers many tax advantages, adapted to the ambitions of foreign entrepreneurs. Whether it’s for industry, export or renewable energy, Morocco’s tax framework is designed to support the success of your projects.
Do you have a project? Contact us today to benefit from our expertise and ensure your success. Make an appointment with our firm.