Decree 1-02-296 (October 3, 2002) promulgated Law 65-00 to form mandatory basic health coverage. In essence, this law demonstrates increased commitment from the state to ensure free medical services to the population, as well as the provision of quality medical services to all segments of the community.
The year 2013 is set to see several important steps in the legislative trend towards the modernisation of the Moroccan economy. The term “modernisation” in this context suggests that new laws will be implemented to bring the economy in line with global standards and offer investors new financial products, thus creating new potential and capital...
Among the main legal reform projects for the upcoming year is the insertion by the legislator of new legal provisions applicable to the banking industry. A draft law has been established and should be enacted soon.
While the law provides for a wide variety of corporate structures, most companies are joint stock companies, governed by Law 17-95, as amended, or limited liability companies (LLCs) governed by Law 5-95, as modified. Joint stock companies are required to have no less than five shareholders and a minimum capital of Dh300,000 (€26,670), or Dh3m (€266,...
Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.
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