Taxation
VAT, business tax, income and corporate taxes, registration fees and local taxes…: Everything you need to know about the taxation of your investment projects in the region
The CRI provides you with the information you need to operate in a clear and predictable tax environment.
Access all information relating to taxation by consulting the website of the Directorate General of Taxes:
www.tax.gov.ma
Corporate income tax (CIT)
Corporate income tax applies to the products, profits and income of companies, regardless of their form and purpose (except for de facto companies consisting only of natural persons, so-called transparent real estate companies and GIEs).
Corporate income tax applies on an irrevocable basis to general partnerships, limited partnerships consisting solely of natural persons, and joint ventures.
Current status
Tax benefit in MAD
2022
2023
2024
2025
2026
Industrial companies (5-year exemption maintained)
≤ 300,000
10
12.5
15
17.5
20
300,001 < BF < 100,000,000
26
24.5
23
21.5
20
> 100,000,000
31
32
33
34
35
CFC and ZAI company (5-year exemption maintained)
Regardless of the BF
15
16.25
17.5
18.75
20
New companies with a commitment to invest 1.5 billion MAD
Regardless of the BF
20
20
20
20
20
Hotel companies; sports companies; exporting mining companies; exporters of products or services; taxable agricultural companies; industrial companies carrying out activities defined by regulation; service outsourcing companies…
≤ 300,000
10
12.5
15
17.5
20
300,001 < BF < 100,000,000
20
20
20
20
20
> 100,000,000
20
23.75
27.5
31.25
35
Standard tax rate
≤ 300,000
10
12.5
15
17.5
20
300,001 to 1,000,000
20
20
20
20
20
1,000,001 to 99,999,999
31
28.25
25.5
22.75
20
≥ 100,000,000
31
32
33
34
35
Banks, insurance companies and similar organizations
Regardless of the BF
35
37.75
38.5
39.25
40
For more details on this tax, its scope, taxable base and settlement rules, please consult the 2025 General Tax Code.
Income tax (IR)
Individuals and legal entities that have not opted for corporate income tax are subject to personal income tax. It applies to income and profits earned in Morocco and abroad by individuals who are tax residents of the Kingdom.
It concerns professional, salary and similar income from agricultural operations, as well as income and profits derived from land and movable capital.
Below is an overview of the proportional tax scale for income tax:
Annual income brackets in DH
Tax rate
0 to 40,000
0 %
40,001 to 60,000
10 %
60,001 to 80,000
20 %
80,001 to 100,000
30 %
100,001 to 180,000
34 %
Over 180,000
37 %
It is important to note that there are several specific rates depending on the nature of the activity carried out. For more information, please consult the general tax code 2025
Value Added Tax (VAT)
VAT is a tax that applies to the turnover of industrial, commercial, artisanal or professional activities carried out in Morocco, as well as to import operations.
It also applies to the operations referred to in Article 89 of the General Tax Code, carried out by persons other than the non-entrepreneurial State, acting on a habitual or occasional basis, regardless of their legal status, the form or nature of their involvement.
There are two main VAT rates, approximately 10% and 20%. For more information, please refer to Article 99 of the General Tax Code 2025
Business tax
Any natural or legal person of Moroccan or foreign nationality who carries out a professional activity in Morocco is subject to the professional tax.
Funds created by law or agreement that do not have legal personality and whose management is entrusted to public or private bodies are also subject to this tax. The tax is levied in the name of their managing body.
The business tax is based on the annual rental value of shops, stores, factories, workshops, storage facilities and all premises and locations used for the exercise of the taxable profession.
The rates for the business tax are set as follows:
Classified by profession
Tax rate
Class 3
10 %
Class 2
20 %
Class 1
30 %
For more information, please consult the text relating to the business tax: business_tax.pdf
Municipal services tax
This tax is levied annually at the location of the buildings, in the name of the owner or usufructuary, and failing that, in the name of the possessor or occupant, on:
• Buildings and structures of all kinds;
• Equipment, tools and all means of production subject to the professional tax.
It applies to:
• Within the perimeter of urban municipalities;
• In the peripheral areas of the said municipalities as defined by the provisions of Law No. 12-90 relating to urban planning mentioned above; • In the delimited centers, designated by regulation;
• In summer, winter and thermal resorts whose property tax perimeter is delimited by regulation.
The rates for municipal services tax are set as follows:
Tax rate
Assets concerned
10,50%
Properties located within the boundaries of urban municipalities, designated centers, and summer, winter, and thermal resorts
6,50%
Properties located in the outlying areas of urban municipalities
For more information, please consult the text relating to the municipal services tax: municipal_services_tax.pdf
Stamp duties
The following are subject to stamp duty, regardless of their form:
• Deeds and agreements subject to registration formalities
• All acts, documents, books, registers or directories, established to constitute the title or justification of a right, an obligation or a discharge and, in general, to record a legal fact or a legal relationship.
For more information, please visit the website of the Ministry of Economy and Finance: Your taxes in brief: Income Tax, Corporate Tax, VAT, TSAVA, Stamp Duty – Ministry of Economy and Finance – Kingdom of Morocco (finances.gov.ma)
Registration fees
Deeds and agreements are subject to this process, either mandatorily or by choice. The registration formality establishes a legally binding date for private agreements by recording them in a register known as the "register of entries," and ensures the preservation of the documents.
For more information, please visit the website of the Ministry of Economy and Finance: Your taxes in brief: Income Tax, Corporate Tax, VAT, TSAVA, Stamp Duty – Ministry of Economy and Finance – Kingdom of Morocco (finances.gov.ma)