Morocco
March 1, 2000
Investment CharterResident or non-resident foreign nationals are entitled to invest freely in Morocco and no investment operation in Morocco requires any prior authorization from the Control Exchange
The Moroccan taxation system consists of direct and indirect taxes. Indirect taxes provide a greater source of tax revenue than the direct taxes. The system is statutory-based and has been recently up
Morocco has a relatively comprehensive regulatory and legislative system for the protection of intellectual property. Intellectual property rights, however, must be registered in both Casablanca and T
Foreign Currency ControlThe Moroccan government has made the Moroccan Dirham (MD) convertible for an increasing number of transactions over the last few years. As of February 1993, the MD was made con
Companies LawUnder Moroccan law, the primary types of corporate structures available are: limited liability companies; private limited companies; limited partnerships with shares; general and limited
JudiciaryThere are six components to the Moroccan judicial system. The majority of legal matters fall within the jurisdiction of Regional Tribunals, which decide cases of personal property damages. Su
PrivatizationThe government approved a law in 1999 that would accelerate privatization plans, covering the sale of stakes in more than 100 companies. The government in the summer of 1999 sought an adv
After ruling for 38 years, King Hassan died in July 1999 from a heart attack. Immediately after his death, his son, Crown Prince Sidi Mohammed, 37, was anointed the new king. The new king has not had
February 29, 2000
Sergio Masias, the famous Chilean author and poet, is scheduled to arrive soon in the kingdom. During his stay, he will lecture on the Arab presence
February 28, 2000
Following its limp performance during the recent Africa Nations Cup 2000, the Moroccan football Association decided to pin its hopes on a new successf
February 24, 2000
Moroccan tennis star Hicham Arazi bowed out of the AXA Cup Tennis Tournament on Wednesday, losing his composure along the way. Arazi, the tournament
February 23, 2000
Moroccan tennis star Hicham Arazi was among opening round winners in Tuesday's action at the AXA Cup Tennis Tournament in London. Arazi, the tournam
February 14, 2000
Investments and Trade Investment Charter Resident or non-resident foreign nationals are entitled to invest freely in Morocco and no investment operation in Morocco requires any prior authorization
Banking and Currency Foreign Currency Control The Moroccan government has made the Moroccan Dirham (MD) convertible for an increasing number of transactions over the last few years. As of February 1