Morocco Exempts Newly Created Industrial Companies from Corporation Tax

Industrial companies created after June 2017 will be exempted from paying the corporation tax, authorities said. A decree was published in the official gazette stating that industrial enterprises will not have to pay the tax for five years after their creation as the government seeks to encourage industrial investments. The tax exemption is targeting enterprises […]

Governance Weekend: King Mohammed VI calls for South-South Cooperation to Mainstream Good Governance in Africa

King Mohammed VI stressed the need for a south-south cooperation approach in Africa to mainstream good governance at the institutional, economic and societal level as a bulwark against “afro-pessimism”. The call was made in a speech read out on the Monarch’s behalf by Royal Advisor André Azoulay at the Governance Weekend held in Marrakech by […]

Global Capital Bonds Awards 2021: Morocco Receives Three Prizes

Morocco received three prizes in the “Global Capital Bonds Awards 2021”, the Ministry of Economy & Finance announced on Friday. Morocco was thus ranked as the best issuer of international bonds in Africa; the 2nd best issuer in the category “Emerging Markets”; and the best manager of the international financial market in the African region, […]