As part of a state strategy for the advancement of Tangier-Tetouan region aimed particularly stimulating investments, the region enjoys in addition to the measures initiatives common to the entire territory, other mitigation measures to tax the northern region and is related primarily to corporate tax (IS) and VAT on purchases of capital assets.
At the regional level, the advantages consist of the following:
Reduction of 50% of the corporate tax during the first 5 years.
Total exemption from corporate income tax for companies exporting to the tune of the first 5 years, at the end of 5 years is reduced to 50%.
For companies located in free zones in the region, they benefit from a total exemption for the first 5 years and a reduction of 50% during the 20 years that follow.
Purchases of capital assets and equipments in total exemption from VAT for the first 2 years.
Imports of capital assets and equipments in total exemption from VAT and subtraction of 97.5% tariffs.
At the local level, the province of Tangier has a reduction on corporate tax 50% compared to the total reductions affecting the entire region for the first 5 years of business activity installed on Tangier.
Av. Med. Ben Abdellah, Résidence chaimae N°16 90000 Tangier, Morocco
