STEPS FOR INVEST IN MOROCCO

An overview of the main production costs in Morocco 

INVEST IN MOROCCO

INVEST IN MOROCCO

Minimum Legal Wages

 

Sectors    MinimumLegal Wages
Trade and Industry    13.46 Dhs per hour
Agriculture     69.73 Dhs per day

Source: Ministry in charge of Employment and Vocational Training

 

Social Security Charges

 

Categoryof Benefits Calculation Basis Employers’ Contribution Rate Employees’ Contribution Rate Global Rate
1. Family benefits       The total real salaries paid out during the period (months/quarter) 6.40% 6.40%
2.        Short-term Social benefits       Total of capped salaries (each capped at 559€) 1.05% 0.52% 1.57%
3.        Long-term Social benefits        Total of capped salaries (each capped at 559€) 7.93% 3.96% 11.89%
4.        Mandatory Health Insurance       The total real salaries paid out during the period (months/quarter) 4.11% 2.26% 6.37%
5.        Vocational Training Tax        The total real salaries paid out during the period (months/quarter) 1.6% 1.6%

Source: CNSS (National Social Security Fund)


*Including a 0.57% relative to the severance pay/indemnification which is broken down as follows: employer’s contribution is 0.38% and the employee’s contribution is 0.19%




Power Rates

 

Cities      Power demand charge (in € exclusive of taxes per KVA/year) KWh (in €, exclusive of taxes)    
    Low power-consumption hours High power- consumption hours Peak hours
Casablanca   34.83 0.0440 0.0674 0.1025
Rabat    29.75 0.0422 0.0644 0.0977
Tangiers (Free-trade area)   29.70 0.0405 0.0582 0.0845

 

Low power-consumption periods: October-March 22:00-07:00; April-September: 23:00-07:00

High power-consumption periods: October-March 07:00-17:00; April-September: 07:00-18:00

Peak power-consumption periods: October-March 17:00-22:00; April-September: 18:00-23:00

VAT: 14%

Source: Lydec, REDAL, and CRI Tangiers

INVEST IN MOROCCO: FIDUCIAIRE BRIGHTEN

INVEST IN MOROCCO

Water Rates:

 

Usage City Flat Fee (in €, exclusive of taxes/month) Price (in €, exclusive of taxes/cubic meter)
Industrial Use Casablanca 1,333 0,717
  Tangiers (Free-trade area) 0,791 0,502
Hotels Casablanca 1,333 0,622
  Tangiers (Free-trade area) 0,791 0,831

VAT: 7%

Source: Lydec and CRI Tangiers

 

Sanitation Rates

 

Usage City Flat Fee (in €, exclusive of taxes/month) Cubic Meter Price (in €, exclusive of taxes)
Industrial Use Casablanca 2,400 0,400
  Tangiers 1,333 0,245
Hotels Casablanca 0,533 1-8 cubic meters=0,081;

9-20 cubic meters=0.157;

More than 21 cubic meters=0,312

  Tangiers 0,361 0,831

VAT: 7%

Source: Lydec and CRI Tangiers

 

Telecommunication Tariffs

 

  Debit Rates
ADSL 4 Mega 9.23€
  8 Mega 13.89€
  12 Mega 18.55€
  20 Mega 46.51€
Optical Fiber 50 Mega 55.92

Source: Operators websites