The most basic employee costs in Morocco are fees such as social security, income tax (paid for by the employer), and employer contribution. They break down as follows: However, thanks to the 2023 Finance Law, the company can benefit from a total exemption from income tax and a partial exemption on social security contributions through …
These subsidies are within the framework of the investment charter initiated by the Government. This charter establishes, in certain cases, subsidies for investors based on job creation criteria, and/or the amount of the overall investment. Below are the provisions for subsidies: Main dispositions: subsidies up to 30% of the investment amount Five Communal subsidies Territorial …
Morocco offers Subsidies to Incentivise doing Business Read More »
The 2023 Finance Law expects an economic growth rate of 4.5% in 2023, after growth estimated at 1.5% in 2022. At the same time, the focus is on the flagship projects that the Government intends to launch or continue this year, particularly in terms of investment and the improvement of the business climate in Morocco. …
Foreign nationals can operate in Morocco either by creating a company under Moroccan law, by choosing the SARL (the equivalent of the LLC) or the SA (the equivalent of a Corporation). They can also establish a representative entity of a Foreign company, in this case, for tax purposes, these entities are qualified as permanent establishments …
What are the Business Entities that can be established in Morocco by Foreign Nationals Read More »
