Morocco’s 2026 Finance Law: Main Tax Changes Affecting Companies and Investors

Morocco’s 2026 finance law introduces a relevant set of tax measures that continue the structural reform initiated in 2021 through Framework Law No. 69-19. The legislator’s objective is to reinforce transparency, improve business competitiveness and adapt the Moroccan tax system to international standards, without losing sight of social cohesion.

Next, we analyze the main tax changes of the Finance Law 2026 and its practical impact for local companies, foreign subsidiaries and international investors

1. Strategic objectives of the Finance Law 2026 in Morocco

The standard is articulated around four major axes:

• Integration of the informal sector in the formal economy, through traceability and retention mechanisms at the source.
• Improvement of the business environment, with tax incentives and greater legal security for investment.
• Harmonization of the tax system, aligning it with international standards.
• Strengthening social cohesion, maintaining the social contribution of solidarity and supporting strategic sectors.

This approach confirms Morocco’s will to consolidate itself as a stable and attractive destination for foreign investment.

2. Main developments in Corporate Tax (IS)

Among the most relevant measures are:

• Exclusion of the 40% rate of the IS for certain microfinance institutions transformed into companies, during their first five years.
• Clarification of the five-year exemption of the IS for sports companies, which will begin to be computed from the first transaction subject to tax.
• Donation tax deduction to sports societies, with specific limits.
• Reform of the OPCC tax regime, ensuring that distributions are taxed according to their true economic nature (dividends, interest or capital gains).
• Permanent exemption from withholding at source for certain income linked to international maritime transport.
• Extension of the declaratory obligation to income from real estate rentals obtained by non-resident companies without permanent establishment in Morocco.

These measures reinforce the legal certainty and fiscal transparency, especially for international structures

3. Key changes in Income Tax (IR)

The Finance Law 2026 in Morocco introduces relevant adjustments, including:

• New IR payment system on capital gains, which must be settled within 30 days following each transaction.
• Decreasing tax deductions for salaries of sports professionals, with the aim of promoting the professionalization of the sector.
• Tax Reclassification of OPCC Distributions, guaranteeing coherence between natural and legal persons.
• Tax advantages in case of cessation of activity for professionals subject to the Single Professional Contribution (CPU).
• Extension of tax exemptions to certain complementary pensions in the private sector.
• Update of deductions for family responsibilities, increasing the deductible amounts.

These measures directly affect expatriates, managers and professionals linked to international structures in Morocco.

4. News in Value Added Tax (VAT)

Regarding VAT, the Law introduces technical adjustments with practical impact:

• New temporary VAT exemption for sports societies until 2030.
• Harmonization of VAT exemption periods for investment goods, both in local acquisitions and imports.
• Extension of exemptions for agricultural inputs, certain food products and health products.
• VAT self-assessment obligation in the purchase of waste and recovery metals by industrial companies.
• Temporary import VAT exemptions for certain live animals during 2026.

These measures seek simplify the system and encourage productive investment.

5. Changes in registration and real estate rights

Particularly noteworthy are:

• New 0.1% registration fee for public contracts.
• 2% additional duty in real estate transfers when traceable means of payment are not used (in force since July 1, 2026).
• Rate reduction to 5% in the transfer of shares in unlisted real estate companies.
• Extension of exempt acts of registration rights in restructuring and financing operations.

These measures reinforce the fight against fraud and the traceability of real estate operations.

6. Cross-cutting measures and reinforcement of fiscal control

The Finance Law 2026 also introduces wide-ranging common measures:

• Progressive extension of withholding at source in IS, IR and VAT for large companies.
• New 5% withholding on professional rentals, applicable from July 2026.
• Extension of the Social Solidarity Contribution until 2028.
• Strengthening fiscal control, including the possibility of simultaneous examinations of the tax and accounting situation.
• Simplification of electronic communications with the tax administration.

Conclusion

The Finance law 2026 in Morocco consolidates the country as an increasingly structured, transparent and aligned market with international standards, but also more demanding in terms of tax compliance.

For foreign companies and international groups with a presence or projects in Morocco, it is key anticipate the impact of these measures, adapt tax structures and reinforce compliance from a preventive perspective.

In UR Global We accompany companies in the entire process of implementation, fiscal management and regulatory adaptation in Morocco, providing a strategic and practical vision oriented to the long term.