Morocco

One of the main features of the Finance Law of 2014 is that it was adopted in a rather particular political, economic and financial situation marked by the necessity to rebalance public finances through progressive reduction of the budget deficit, consolidation of tax resources and progressive reduction of tax exemptions. The tax measures of the Finance Law of 2014 focus...

The first Moroccan national conference on the tax system held in 1999 was an opportunity to carry out a common and thorough analysis of the tax system and to establish a roadmap in order to modernise the tax system for the next decade. Many reforms were introduced by the successive finance laws from 2000 to 2013 such as the simplification, rationalisation and...

On October 13, 2008, Morocco became the first country in the Mediterranean region to be granted advanced status, marking a new phase of privileged relations with the EU. This reflects the shared willingness of Morocco and the EU to strengthen political dialogue and cooperation in the economic, social, parliamentary, judicial and security fields, as well as in other...

With real estate a major part of the Moroccan economy, the country is continuously strengthening the sector’s legal framework, and has laws and regulations that cover a wide range of business law.

Public procurement contracts are of great importance in Morocco, representing 15% of GDP in 2013. The principles governing public contracts required amendment in order to comply with international standards. Amending the status of public contracts was also an opportunity to give the necessary attention to strategic issues such as environmental...