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Keywords: Finance Law


Streamlining Customs: Morocco's 2024 Finance Law Enhances Trade Facilitation

Morocco's Customs procedures receive a significant facelift with the enactment of the 2024 Finance Law, introducing crucial amendments to the Customs Code. The implementation of streamlined electronic declaration procedures is poised to propel international commerce, allowing operators to submit......

Empowering Agricultural Cooperatives: Wider VAT Exemption Enriches Service Offerings

In a pivotal stride toward fortifying Morocco's agricultural cooperative landscape, the 2024 Finance Law heralds an extended VAT exemption designed to invigorate the sector. This progressive measure not only seeks to slash operational costs but also aims to propel the competitiveness and expansion......

Sluggish Reforms Impede Economic Recovery in Morocco

The General Confederation of Moroccan Enterprises (CGEM) has voiced its frustration regarding the sluggish pace of reforms in Morocco. In an article published in L’Economiste on Monday, December 18th, CGEM President Chakib Alj emphasized the urgent need to expedite stalled reforms, citing a growing......

Extension of Tax Amnesty for Inactive Companies in Morocco

The "tax amnesty" initiative, introduced by Morocco's 2023 Finance Law for inactive companies, has recently been extended until December 31, 2024. Initially met with subdued interest, attributed to unfamiliarity with the legal framework, apprehensions about tax implications, and a tendency......