Obligations regarding payment terms in Morocco: everything you need to know

In recent years, Morocco has strengthened its regulatory framework to improve transparency in trade relations and reduce delays in payments between companies. One of the main measures in this area is the obligation to declare payment terms to suppliers before the Tax Administration, a requirement that directly affects companies operating in the country.

So, if you need to know more about this topic, in this article we explain it in detail. What this obligation consists of, to whom it applies and how to fulfill it correctly.

What does the obligation to declare payment terms consist of?

The regulations establish that certain companies must communicate to the Tax Administration the effective payment terms to its suppliers.

The objective of this measure is clear:

• Promote transparency in business relationships
• Avoid payment delays
• Improve financial discipline in the business fabric

It is not only a formal obligation, but a control mechanism that allows authorities to supervise compliance with legal payment deadlines.

What companies are obligated?

This obligation applies to:

• Legal entities
• That they develop activities:
  • Commercials
  • Industrial
  • Of services
• With presence or activity in Morocco

In practice, this includes both local companies and subsidiaries of international groups operating in the country.

Legal payment terms in Morocco

The regulations establish a clear framework regarding payment terms:

• General term:
  60 days from the date of issue of the invoice or provision of the service
• Exceptional deadline (agreed upon by the parties):
  Up to a maximum of 120 days

It is important to highlight that any agreement between the parties must respect this maximum limit.

Declarative regime: how and when to present the information?

Compliance with this obligation is articulated through a periodic declaration system.

Quarterly statement

They must present this declaration:

• Companies with a turnover equal to or greater than 2,000,000 MAD

Submission deadline:

• Within the month following the close of each quarter

What information should the declaration include?

The declaration is made on the basis of:

• Supplier invoices
• So much:
  • Paid
  • As pending payment at the closing date

This implies that companies must maintain rigorous control of their payment cycle.

Key aspects to avoid risks

To correctly comply with this obligation and avoid sanctions, it is essential:

1. Information coherence

Ensure that the declared data match:

• accounting
• The treasury

2. Control of pending invoices

Pay special attention to:

• Invoices in dispute
• Unpaid overdue invoices

3. Deadline tracking

Implement internal systems that allow for continuous control of payment terms.

Non-compliance risks

Failure to comply with this obligation may result in:

• Administrative sanctions
• Tax regularizations
• Greater exposure to inspections

Therefore, it is not just about submitting the declaration, but about doing it correctly and consistently.

How can UR Global help you?

At UR Global we have a team specialized in subsidiary management and international regulatory compliance, with direct presence in key markets such as Morocco.

We help you:

• Correctly comply with local tax and accounting obligations
• Adapt your internal processes to Moroccan regulations
• Control payment terms and correct declaration
• Minimize risks of sanctions or tax contingencies

Our approach combines local knowledge and international coordination, which allows us to accompany you throughout the entire process, from implementation to the daily management of your subsidiary.

If your company operates or is considering expand in Morocco, having a specialized partner can make the difference.

Conclusion

The obligation to declare payment terms in Morocco is a key measure to reinforce transparency and financial discipline in the country. For companies, especially those with international activity or subsidiaries, it means the need to adapt your internal financial and accounting control processes.

Having adequate advice is essential for Ensure regulatory compliance and avoid unnecessary risks.