The objectives of the Investment Charter are to determine the State's
Promotion of investment. It replaces the investment codes of the different
sectors, with the exception of the agricultural sector.
The measures provided for in this charter tend to encourage investment by:
Lightening and a better distribution of the tax burden;
The granting of a preferential tax regime for regional development; simplification
and the easing of the administrative procedure relating to investments:
Strengthening guarantees for investors;
The promotion of offshore financial centers, export processing zones and the free industrial warehouse system.
Exemption for acts of acquisition of land intended for the realization of an investment project;
Application of a rate of 2.5% for land acquisitions for subdivision and construction operations;
Application of a rate of 0.5% for contributions to companies in connection with the formation or increase of capital.
Import duty: 2.5% or 10% according to the list where is the material and well equipment
Exemption or reimbursement for capital goods, equipment and tools purchased locally or imported.
Removing the variable tax;
Exemption during the first 5 years of operation for any natural or legal person carrying out a professional, industrial or commercial activity.The transfer of proceeds from the sale or liquidation of all or part of the investments, including the most Exemption for 5 years from the completion or installation of new constructions, construction additions and machinery being an integral part of the establishment of production of goods or services.
The tax of the NHP is abolished for the profits of companies liable to the tax on the companies.
However, profits and income fully exempt from the IS are subject to a contribution of 25% of the amount of the IS normally due.
Income tax on companies '' IS '' and General Income Tax '' IGR '' For companies exporting products and services:
Total exemption for 5 years applied to export turnover;
Reduction of 50% beyond 5 years
However, in the case of exporters of services, the exemption
and the reduction applies only to turnover in foreign currency. For handicraft companies and companies located in certain prefectures or provinces:
Reduction of 50% of SI or IGR.
Declining depreciation for capital goods
Provision for Investment in SI and IGR
It can reach up to 20% of the pre-tax tax profit and entitle up to 30% of the planned investment in equipment, equipment and tools.
Exemption from the IPT on the occasion of the first transfer of residential premises Provided that the assignment is not speculative and that the dwelling is of a social nature.
Foreign exchange regulations concern investments made in foreign currencies, carried out by resident and non-resident foreigners and by Moroccans living abroad. It guarantees:
Transfer of profits net of tax without limit of amount or duration;
The transfer of proceeds from the sale or liquidation of all or part of the investments, including the most valuable.