Business Reforms in Morocco

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2012:

Positive Dealing with Construction Permits:

Morocco made dealing with construction permits easier by opening a one-stop shop.


Positive Protecting Investors:

Morocco strengthened investor protections by allowing minority shareholders to obtain any nonconfidential corporate document during trial.


Positive Paying Taxes:

Morocco eased the administrative burden of paying taxes for firms by enhancing electronic filing and payment of the corporate income tax and value added tax.


DB2011:

Positive Protecting Investors:

Morocco strengthened investor protections by requiring greater disclosure in companies’ annual reports.


DB2010:

Positive Getting Credit:

Access to credit was strengthened with a new private credit bureau that began operating in March 2009.


DB2009:

Positive Getting Credit:

The right of borrowers to inspect data on their creditworthiness was guaranteed, increasing their ability to control the accuracy of the information used by financial institutions in assessing their risk profiles.


Positive Paying Taxes:

The corporate income tax rate was reduced from 35% to 30%, effective 2008.


Positive Trading Across Borders:

Document requirements for importing and exporting were simplified, reducing the time to import.


DB2008:

Positive Dealing with Construction Permits:

The time needed to obtain new licenses for construction firms was reduced, by establishing a one-stop shop in Casablanca to provide better communication between the relevant agencies.


Negative Registering Property:

The property registration process was complicated by adding the requirement to check several tax agencies, rather than just one, in order to obtain a tax clearance certificate. The reform is being implemented nationwide, and adds three procedures to the process of transfer.


Positive Trading Across Borders:

A new risk-based inspections system was introduced, causing the time to import and export to decrease.


Reform Summaries


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