- What IS rate to apply in 2023 in Morocco
The 2023 finance law adopted in Morocco brought considerable changes to corporate tax (IS) rates. This is a complete overhaul of Article 19 of the General Tax Code (CGI) which details the different tax rates.
In this article we will not dwell on the old IS (corporate tax) rates which were applicable in Morocco until 2022. We will only detail the new rates which will be in force for the years 2023, 2024, 2025 and 2026.
- Common law system
| 2023(*) | 2024(*) | 2025(*) | 2026(*) | |
| Net tax profit ≤ 300 DH: | 12,5% | 15% | 17,5% | 20% |
| 300 DH < Net tax profit < 000MDH: | 20% | 20% | 20% | 20% |
| 1M DH < Net tax profit < 100MDH: | 28,25% | 25,5% | 22,75% | 20% |
| Net tax profit ≥ 100 MDH | 32% | 33% | 34% | 35% |
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(*) exercise open from 1er January
- Hotel, sports, mining, exporting, agricultural companies, companies carrying out service outsourcing activities, craft companies, private educational or vocational training establishments and rental companies for housing estates, residences and university campuses
| 2023(*) | 2024(*) | 2025(*) | 2026(*) | |
| Net tax profit ≤ 300 DH: | 12,5% | 15% | 17,5% | 20% |
| 300 DH < Net tax profit < 000MDH: | 20% | 20% | 20% | 20% |
| Net tax profit ≥ 100 MDH | 23,75% | 27,5% | 31,5% | 35% |
- Industrial companies
| 2023(*) | 2024(*) | 2025(*) | 2026(*) | |
| Net tax profit ≤ 300 DH: | 12,5% | 15% | 17,5% | 20% |
| 300 DH < Net tax profit < 000MDH: | 20% | 20% | 20% | 20% |
| 1M DH < Net tax profit < 100MDH: | 24,5% | 23% | 21,5 | 20% |
| Net tax profit ≥ 100 MDH | 23,75% | 27,5% | 31,5% | 35% |
- Credit institutions, insurance and reinsurance companies and similar organizations
| 2023(*) | 2024(*) | 2025(*) | 2026(*) | |
| Net tax profit | 37,75% | 39% | 39,25% | 40% |