Value added tax (VAT) on investment

The tourist investors benefit from the exemption of the VAT of the capital goods, materials and tools acquired locally during (36) months as from the date of the beginning of activity of the company. For the companies that proceed to the construction of their investment projects, the period of thirty-six (36) months begins to run from the date of obtaining the authorization to build.

For companies making an investment of 50 million Dhs and having signed an investment agreement with the State, the above-mentioned exemption period starts to run either from the date of signature of the said investment agreement or from the date of issue of the building permit.

Reference text:

Article 92-I-6° of the General Tax Code (GTC): general tax code  

Partners : The General Tax Administration (DGI) 

Tourist investor’s benefit from VAT exemption on the import of capital goods, materials and tools for a period of 36 months from the date of the first import operation carried out under an agreement of investment to be signed with the Government.

Reference text:a

Article 123-22°-b of the GTC general tax code 

Partners : Customs and Excise Administration

The value added tax (VAT) on the operation

Tourist accommodation and catering establishments benefit from a reduced VAT rate of 10%;

The rental operations of buildings used as hotels, motels, vacation villages or real estate complexes for tourism, fully or partially equipped, including the restaurant, bar, dance hall, swimming pool, insofar as they represent an integral part of the tourist complex, also benefit from the reduced rate of VAT at 10%.

Reference text:
Article 99-2° of the GTC  general tax code  

Partners : The General Tax Administration (DGI)

The value added tax (VAT) on the operation

Tourist accommodation and catering establishments benefit from a reduced VAT rate of 10%;

The rental operations of buildings used as hotels, motels, vacation villages or real estate complexes for tourism, fully or partially equipped, including the restaurant, bar, dance hall, swimming pool, insofar as they represent an integral part of the tourist complex, also benefit from the reduced rate of VAT at 10%.

Reference text:
Article 99-2° of the GTC  general tax code  

Partners : The General Tax Administration (DGI)

Corporate Income Tax (CIT)

hotels and entertainment companies benefit from the total exemption of corporate taxes (CIT) on the the turnover invoiced in foreign currency during a period of 5 years of operation; and a corporate tax rate reduced to 20 percent beyond the first 5 years of operation

Reference text:

Article 6-B-3  of the General Tax Code

Partners : The General Tax Administration (DGI)