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Morocco Attracts Investors with Stability, Location, and Pro-Business Policies
A recent report by international law firm Giambrone & Partners highlights Morocco as an attractive destination for foreign investors due to its political stability, strategic location, and business-friendly policies.
Key Sectors for Investment
1. Renewable Energy
- Significant investments in solar and wind power.
- Opportunities to lead in clean energy and reduce reliance on fossil fuels.
2. Tourism and Hospitality
- Rich history and culture draw millions of tourists.
- Growing investments in hotel infrastructure and services.
3. Aeronautics
- International companies are establishing facilities.
- Benefits include a skilled workforce and competitive costs.
4. E-commerce
- Increasing internet penetration and mobile usage.
- Development of digital platforms and logistics services.
Government Incentives
- Tax incentives, including exemptions and subsidies.
- Ease of profit repatriation and reduced income tax rates.
- Business-friendly legal framework promoting fair competition and corporate governance.
Setting Up a Business
- Register with the Trade Register.
- Obtain a Certificate of Non-Denomination.
- Meet minimum share capital requirements.
- Use the One-Stop-Shop for streamlined procedures.
Giambrone & Partners, with extensive experience in international legal advice, operates across Europe and beyond, including offices in Tunisia and Brazil.