Incentive framework for investment
Main incentives for investment :
| Type of advantage
|
Sectors in question |
| Professional tax
|
- Any company during the first five years
|
|
VAT |
- Capital goods and equipment locally purchased or imported to be included in immobilization account and giving right to deduction. (Article 4 of the Framework Law No. 18-95)
- Real estate developers for the development of social housing in a program for 500 social housing units, spread over a period of 5 years;
- New vehicles acquired by natural persons and intended for rent.
- Applying the reduced rate of 10% with right of deduction for accommodation operations, catering, rental of hotels and tourist complexes.
- VAT exemption internally and on the importation of capital goods for private education or vocational training within a period of 24 months.
- VAT exemption internally and on the importation of educational , scientific or cultural materials imported under UNESCO agreements .
|
| IS-IR |
- All exporting companies up to the amount of their turnover at export (F.L. 96) and hotel facilities for the first five years of activity, and taxation at a reduced rate of 17.5% for Corporate Tax (IS) or 20% under income tax (IR) beyond this period, and this for their turnover made in foreign currencies.
- real estate developers for the development of social housing in a program for 500 social housing units, spread over a period of 5 years;
- Taxation at a reduced rate of 17.5% for IS or 20% under income tax (IR) during the first five years for craft enterprises and private educational or vocational training (F.L. 96.97 ).
- 50% for businesses which are set up in certain provinces or prefectures (the following provinces in the region of Guelmim Es -smara: Guelmim, Assa Zag, Tata. However, for the provinces of Tan-Tan and Es-smara, they are exempt).
|
|
Registration fees |
- The deeds of purchase of land for the implementation of an investment project subject to the completion of the project within a maximum period of 36 months.
|
| Type of advantage
|
Sectors in question |
| Financial support of Hassan II Fund
|
Textiles, clothing, electronics, leather industry, equipment, auto and industrial activities for preservation of the environment.
For these sectors the state assumes:
- 50% of the cost of land on the basis of a maximum cost of Dh 250 / m²
- 30% of the cost of commercial buildings on the basis of a maximum cost of 1500 Dh / m²
- 100% if it is limited only to the acquisition of land.
- advantageous rent between 100 and 150 Dh / m² / year, offered by a third building, also funded by the same Fund.
|
|
Investment guarantee |
Conventions and agreements have been signed with several countries
- against all risks of nationalization and expropriation
- Avoid double taxation
|
| Economic regimes in customs |
They are intended to promote exports. For more information, visit the website of the administration of Customs and Excise www.douane.gov.ma
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Right to make provision for deductible investment in the corporate tax (IS) and income tax (IR) |
- 20% of the profit to the limit of 30% of the amount of planned investment.
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Right to choose declining balance depreciation |
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|
Special contracts |
For any major investment program, the state assumes in part:
- 20% of the cost of acquisition of the land necessary for the implementation of the investment
- 5% of the investment program for external infrastructure expenses
- 20% of the cost of vocational training.
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