Economic growth, coupled with the liberalisation of the sector in the 1990s, has led to the expansion of Morocco’s ICT sector, which is also underpinned by high penetration levels, as well as policies conducive to the development of related services and their incorporation into everyday business activities. Meanwhile, a focus on e-government and the digitisation of the economy – along with...
Morocco used to be the largest energy importer in MENA. Today, its challenge has shifted from becoming an independent energy producer to an exporter. In 2008 the government launched the National Renewable Energy and Energy Efficiency Plan, which aimed to develop alternative energies to meet 15% of the country’s domestic needs and increase the...
In the last five years Morocco has made the financial inclusion of entrepreneurs a priority. Indeed, a series of measures have been adopted to facilitate access to financing for entrepreneurial projects.
Real estate investment trusts (REITs) are an innovative investment vehicle which benefits from a strong appeal in numerous markets around the world. REITs have proven their suitability for individual investors, partnerships and the general public due to them being subject to a strict regulatory framework and operated by licensed management...
The following laws form the basis of the Moroccan corporate legislative corpus: the Moroccan Civil Code, or Dahir (royal decree) Obligations et des Contrats, of August 12, 1913; Law No. 17-95 on joint-stock companies, promulgated by Dahir No. 1-96-124 of August 30, 1996; and Law No. 5-96 on limited liability companies, promulgated by...
The 2019 Finance Law was published in the Official Bulletin No. 6736 bis on December 21, 2018, and promulgated by Dahir (royal decree) No. 1-18-104 of December 20, 2018. The law introduces a number of tax developments, including changes to income tax for corporations and self-employed individuals, real estate investment and tax...
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