Regulatory Guide for Business

Navigating Morocco’s regulatory environment is essential for anyone starting or operating a business. The country has modernized its legal framework to facilitate entrepreneurship and foreign investment. Company formation can take place online via the electronic platform developed by the Regional Investment Centers (CRI). Entrepreneurs choose between several legal structures, such as Société À Responsabilité Limitée (SARL), Société Anonyme (SA) and joint ventures. Each has specific capital requirements and governance rules.

Corporate tax rates vary depending on turnover and sector. Standard rates range from 20 percent for small companies to 31 percent for large enterprises. Firms operating in free zones benefit from corporate tax exemption for the first five years and reduced rates thereafter. Value‑added tax (VAT) of 20 percent applies to most goods and services, with reduced rates for certain items. Employers contribute to social security funds covering pensions, health insurance and family allowances.

Labor laws regulate working hours (typically 44 per week), minimum wages, paid leave and termination procedures. Collective bargaining agreements exist in many industries. Employers must register workers with the social security authority and provide written contracts. Occupational health and safety standards are enforced by labor inspectors.

Intellectual property rights are protected under national and international agreements. Patents, trademarks and copyrights are registered with the Moroccan Industrial and Commercial Property Office (OMPIC). Foreign investors can repatriate profits and capital but must comply with foreign exchange regulations overseen by the Office des Changes. Anti‑money laundering laws require financial institutions to conduct due diligence on clients.

Compliance with environmental regulations is mandatory for projects with potential ecological impacts. Environmental impact assessments (EIAs) must be submitted and approved before construction or operations begin. Investors should consult legal professionals to navigate procedures, obtain permits and stay up to date on legislative changes. A well‑structured approach to compliance reduces risk and fosters long‑term success.