Principles and guarantees
- Freedom of enterprise and investment, equal treatment of domestic and foreign investors, legal certainty.
- Guaranteed transfer of profits and sale proceeds for investments made in foreign currency.
- Access to dispute resolution mechanisms, including arbitration and mediation.
Support schemes
- Main scheme: grants calculated on the amount of the investment according to criteria of employment, gender, territory and sector.
- Specific schemes for projects of a strategic nature, for very small, small and medium-sized enterprises and for international development.
- Investment agreements are concluded with the State through the Regional Investment Centres (CRI).
Key articles
Art. 1
« The framework law sets the fundamental objectives of State action for the development and promotion of investment and determines the investment support schemes. »
A lawyer's points to watch
- The thresholds, rates and terms of the grants are set by decree; the application must be filed before the project starts.
- Compliance with the commitments in the agreement (jobs, deadlines) is a condition for keeping the benefits.
- Tax incentives fall under the General Tax Code and the finance laws, which should be examined in parallel.
The English text on this page, including the quoted articles, is an unofficial translation. Information sheet prepared by Maître Lahfaia Law Firm, Rabat. It does not constitute legal advice. Only the text published in the Official Bulletin of the Kingdom of Morocco is authoritative; the articles cited may have been amended since this sheet was written.