Latest updates

Continuing Harmonization of Tax Legislation
  • Corporate Tax
  • Morocco
  • July 03 2009

The Finance Act 2009 continues the harmonization of Moroccan tax legislation and aims to centralize all tax legislation into a single document, the General Tax Code. Among other changes, the act provides for the mandatory online filing of tax returns and a new obligation to provide information at the request of the tax authorities.

Civil Aviation Industry Continues to Expand
  • Aviation
  • Morocco
  • March 05 2008

In addition to the national regulations governing the aviation industry, as part of its growth strategy Morocco has ratified numerous international treaties and conventions in order to conform to international standards. The most recent and perhaps most notable is the EU-Morocco Open Sky Treaty, which should result in a significant increase in tourist activity.

Morocco: A Gateway for Foreign Investors
  • International Trade
  • Morocco
  • September 07 2007

Morocco is becoming a gateway for foreign companies to enter Europe, Africa and the Middle East. Since the entry into force of the free trade agreement between Morocco and the United States, many US investors have shown their interest in trading with and investing in Morocco, while others have increased their investment and involvement in the country.

New Arbitration Law to Be Enacted
  • Arbitration & ADR
  • Morocco
  • July 05 2007

Draft Law 08/05 amends Articles 306 to 327 of the Code on Civil Proceedings, introducing two innovations: international arbitration rules (new Articles 327(39) to 327(54)) and mediation (new Articles 327(55) to 327(69)). The draft law has been approved by the House of Counsellors and is to be examined by the House of Representatives. It is expected to be enacted in the next few months.

New Anti-money Laundering Law
  • Banking
  • Morocco
  • April 27 2007

The much-anticipated Anti-money Laundering Law, which had been in draft form since 2005, was adopted unanimously by the Chamber of Counsellors. The provisions of the law were inspired by international norms, as well as recommendations from international financial institutions.

Overview (February 2007)
  • Company & Commercial
  • Morocco
  • February 12 2007

Including: Background; Limited Liability Companies and Joint Stock Companies; Branch and Representative Offices.

Jean-Jacques Lecat
CMS Francis Lefebvre Avocats
  • Neuilly-Sur-Seine
  • France