Africa

Morocco

Corporate rate
35%
Top personal rate
37%
VAT / GST rate
20%
One-sentence summary Morocco's corporate tax position: 35. Personal income tax: 37. VAT/consumption tax: 20.

Corporate Tax Rate

Morocco's headline corporate income tax (CIT) rate is 35.

Personal Tax Rate

The headline personal income tax (PIT) rate is 37.

VAT / GST Rate

The standard VAT/GST (or equivalent consumption tax) rate is 20. Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.

Residency

Moroccan individual tax residence is determined (in order of priority) by: place of permanent home, center of economic interest, or duration of stay exceeding 183 days within any 365-day period (non-consecutive days count, and the window doesn't reset by calendar year). A company is resident if incorporated in Morocco or if its place of effective management is in Morocco. Residents are taxed on worldwide income; non-residents only on Morocco-source income.

CFC Rules

Morocco has no Controlled Foreign Company rules - Moroccan-resident companies are not taxed on undistributed profits of foreign subsidiaries unless that income is actually repatriated or a specific tax treaty grants Morocco taxing rights over it.

Thin Capitalization

Morocco has no standalone/formal thin capitalization regime with a fixed ratio. Instead, Article 10 of the General Tax Code restricts shareholder-loan interest deductibility through two conditions: share capital must be fully paid up when interest accrues, and the total shareholder loan principal generating deductible interest cannot exceed the company's subscribed equity capital. The applicable interest rate is separately capped at Bank Al-Maghrib's official six-month treasury bill rate, set annually by the Ministry of Finance.

Treaty Network

Morocco has signed double tax treaties with more than 60 countries, including all major Western economies. Morocco is also a member of the Arab Maghreb Union (with Algeria, Libya, Mauritania, and Tunisia).

Source: PwC Worldwide Tax Summaries - Morocco (secondary compilation, cited per jurisdiction). Rates last reviewed by PwC: 30 April 2026. Page last verified: August 07, 2026. General information only - confirm current rates and any specific position with a licensed advisor in this jurisdiction before relying on this page.