Morocco corporate tax rate
Standard/headline corporate income tax rate on resident company profits, from the national tax authority or Code Général des Impôts.
| Current value | 20 percent |
|---|---|
| In force from | 2026-01-01 |
| Official source | Direction Générale des Impôts — Code Général des Impôts 2026, Article 19 (taux de l'impôt sur les sociétés) |
| Last verified | 2026-07-17 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
The four-year IS convergence reform launched by the Loi de finances 2023 is now COMPLETE: for fiscal years beginning on/after 1 January 2026 the standard target rate is 20%, reached via the phased schedule 12.5% (2023) → 15% (2024) → 17.5% (2025) → 20% (2026). 20% applies to companies with net profit below MAD 100,000,000 — this covers the large majority (~98%) of Moroccan companies and is the headline rate served here. The scale is TIERED by profit but PROPORTIONAL, not truly progressive: a company with net profit ≥ MAD 100,000,000 is taxed at 35% on its whole profit, and credit institutions (banks), Bank Al-Maghrib, CDG, insurance and reinsurance companies pay 40%. A minimum contribution (cotisation minimale, CGI Art. 144) of generally 0.25%–0.5% of turnover applies as a floor. Tax-year basis is the company's exercice comptable. Rate confirmed against the CGI 2026 (Loi de finances 50-25); corroborated by DGI Note circulaire and multiple Moroccan tax-advisory summaries. No further scheduled change beyond the completed 2026 convergence.
Get it programmatically
curl https://afriref.dev/v1/ma/corporate-tax
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/ma/corporate-tax/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/ma/corporate-taxOther Morocco series: policy interest rate · VAT rate · minimum wage · public holidays · inflation rate (CPI) · income tax rates