In brief: Exports in Morocco benefit from VAT exemption with deduction rights and corporate tax advantages. Eligible newly created industrial companies whose activity is on the regulatory list enjoy a 5-year IS exemption under the applicable commencement conditions, while service exporters benefit from the standard rate (20%, or 35% if net profit ≥ 100 M MAD). Foreign exchange rules require full repatriation of export proceeds.
Exports in Morocco have always been a sector at the center of government policies. Exports in Morocco have experienced significant growth over the years. Morocco has implemented policies centered around:
- Establishing logistics and production platforms aimed at encouraging exports;
- Tax advantages for exporters (notably Service Outsourcing in Morocco);
- Establishing industrial acceleration zones;
- Improving the framework in favor of service outsourcing companies.
Morocco has created a specialized agency aimed at promoting exports and supporting exporters.
This article specifically addresses the advantageous tax regimes available to exporters in Morocco.
Exports in Morocco: How to Proceed?
Export Regulations
Before reviewing the tax regulations, it is necessary to highlight the other regulations with which an exporter must comply.
Having an export activity in Morocco requires compliance with a number of procedures. These procedures relate to:
- Customs regulations;
- Foreign exchange controls.
Commercial activities generally require registration in the trade register. Auto-entrepreneurs are exempt under Article 2 of Law No. 114-13. Companies and sole traders may register as follows:
- To create a company, we invite you to read our article on company creation in Morocco;
- Register as a sole trader.
In both cases, the trade register is obtained from the Commercial Court. Its creation initially requires registration for the professional tax.
Moroccan agricultural and maritime food products intended for export are subject to Morocco Foodex technical control under Law No. 31-86 as amended by Law No. 61-12. Read the article on this subject.
It should be noted that from an accounting, tax, and foreign exchange regulation perspective, export activity also includes service exporters.
Foreign Exchange Regulations
Regarding foreign exchange controls, exports of goods are governed by Article 86 of the IGOC 2026.
Article 86 of the IGOC 2026 defines exports of goods as shipments abroad, to an industrial acceleration zone or to another area treated as foreign under foreign trade and exchange regulations.
Every export of goods requires a commercial contract. A sales statement is required for consignment sales, restricted to fresh fruit, vegetables, fishery products and flowers. Under Article 87 of the IGOC 2026, this statement must include:
- The date of the sale;
- The unit price;
- The number of packages, quantities sold, and corresponding weight;
- The total sale price;
- The nature and amounts of expenses deducted at source;
- The net amount of sales to be repatriated to Morocco.
Under Article 89 of the IGOC 2026, goods exporters must repatriate the full proceeds within 150 days of registration of the customs declaration.
Under Article 97 of the IGOC 2026, service exporters must repatriate the full proceeds within 90 days of performance of the service.
Exports in Morocco - What Are the Corporate Tax Advantages?
The Corporate Tax advantages differ depending on the type of activity. Thus, we distinguish:
- Tax advantages for goods exporters
- Tax advantages for service exporters
Tax Advantages: Service Exports in Morocco
The 2020 Finance Law abolished the five-year export exemption for companies making their first export from 1 January 2020. Companies that began exporting earlier retained the exemption until its expiry. Activity-specific exemptions, including service outsourcing, remain applicable under their own conditions.
However, these companies benefit from the standard tax rate (20%, or 35% if net profit ≥ 100 M MAD).
See our article: Corporate Tax in Morocco.
The law provides a particular advantage to companies carrying out service outsourcing operations. Thus, under Article 6-II-B-4: “are eligible for total Corporate Tax exemption for the first five (5) consecutive fiscal years from the date of the start of their operations:
- …
- and companies carrying out service outsourcing activities inside or outside integrated industrial platforms dedicated to these activities, in accordance with the legislative and regulatory texts in force.”
After the end of the exemption period, these companies are taxed at the standard rate (20%, or 35% if net profit ≥ 100 M MAD — Art. 19-I-A and 19-I-B CGI 2026). The former reduced scale (10% on profits up to 300,000 MAD / 20% beyond) was abolished following the progressive convergence introduced by Finance Law 2023.
For more information on the rates in force since 1 January 2026, see: Corporate Tax in Morocco — 20% (Art. 19-I-A) or 35% where net profit ≥ MAD 100 million (Art. 19-I-B).
Tax Advantages - Goods Exports in Morocco
Newly created industrial companies whose activity appears in Decree No. 2-17-743 of 19 June 2018, supplemented by Decree No. 2-24-966 of 5 December 2024, benefit from Corporate Tax exemption for their first five consecutive operating years, subject to the applicable commencement conditions. This exemption does not depend on exporting.
It should also be noted that for other activities (non-industrial), particularly trading exporters, these benefit from the standard Corporate Tax rate (20%, or 35% depending on the profit level).
Exports in Morocco - What About VAT?
Article 92 of the General Tax Code states that export operations in Morocco are exempt from VAT. This is an exemption with the right to deduction.
This article adds that:
“The exemption applies to:
- the last sale made and
- the last service rendered on Moroccan territory
- having the direct and immediate effect of carrying out the export itself.”
This exemption requires compliance with the following conditions:
The VAT exemption covers services intended to be used or exploited outside Morocco and services relating to exported goods performed for businesses established abroad. It requires an invoice in the foreign client’s name and evidence of payment in foreign currency endorsed by the competent body, or equivalent documents, under Article 92-I-1 of the CGI.
When the export concerns goods, the company must produce certain supporting documents. These include, in particular:
”- transport documents,
- manifests,
- wholesale sheets,
- customs receipts or other documents accompanying the exported products” according to the terms of Article 92.
Exporters other than exporters of scrap metals may request a refund of deductible VAT credit that cannot be fully offset, subject to Article 103 of the CGI and Article 25 of Decree No. 2-06-574. Export VAT exemption preserves deduction rights. See VAT refund requests. The refund is subject to the statutory limit calculated from exempt or suspended-tax turnover. Applications are filed at the end of a calendar quarter for the elapsed quarter or quarters, no later than the year following the quarter concerned. The refund must be settled within three months of filing.
Calculate your Corporate Tax in seconds — Our free IS rate calculator determines the exact rate, minimum contribution and CSS applicable to your export business in Morocco.
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For expert guidance on export tax regimes, contact Salaheddine Yatim, Chartered Accountant at Upsilon Consulting, member of the OEC.
Frequently asked questions
Are exports in Morocco exempt from VAT?
Yes, export operations in Morocco are exempt from VAT under Article 92 of the General Tax Code. This is an exemption with the right to deduction, meaning exporters retain deduction rights. Exporters other than exporters of scrap metals may request a refund of deductible VAT credit that cannot be fully offset, subject to Article 103 of the CGI and Article 25 of Decree No. 2-06-574. Export VAT exemption preserves deduction rights. The exemption applies to the last sale or service rendered on Moroccan territory that directly results in the export.
What Corporate Tax advantages do exporters in Morocco benefit from?
Newly created industrial companies whose activity appears in Decree No. 2-17-743 of 19 June 2018, supplemented by Decree No. 2-24-966 of 5 December 2024, benefit from Corporate Tax exemption for their first five consecutive operating years, subject to the applicable commencement conditions. This exemption does not depend on exporting. Service outsourcing companies also enjoy this five-year exemption. After the exemption period, the ordinary rate is 20%, or 35% where net profit reaches or exceeds MAD 100 million, subject to Article 19-I-B exclusions. After the 35% rate applies, a return to 20% generally requires three consecutive years below that threshold.
What are the foreign exchange requirements for exporters in Morocco?
Goods exporters must repatriate the full proceeds within 150 days of the customs declaration under Article 89 of the IGOC 2026; service exporters have 90 days from performance under Article 97. Goods exports require a commercial contract; the sales statement under Article 87 is required for consignment sales of fresh fruit, vegetables, fishery products and flowers.
What documents do goods exporters need for VAT exemption in Morocco?
Goods exporters must produce transport documents, manifests, wholesale sheets, customs receipts, or other documents accompanying the exported products as required by Article 92 of the General Tax Code. The VAT exemption covers services intended to be used or exploited outside Morocco and services relating to exported goods performed for businesses established abroad. It requires an invoice in the foreign client's name and evidence of payment in foreign currency endorsed by the competent body, or equivalent documents, under Article 92-I-1 of the CGI.
