Morocco - Country Commercial Guide: Facebooktwitterlinkedinemailcopy Link
Morocco - Country Commercial Guide: Facebooktwitterlinkedinemailcopy Link
Morocco - Country Commercial Guide: Facebooktwitterlinkedinemailcopy Link
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Morocco - Selling Factors and Techniques .3
Pricing
The Moroccan currency is the Moroccan dirham, which is divided into 100
centimes. Common abbreviations for the dirham are MAD, DH, and Dhs.
Most prices are quoted in dirhams although some businesspeople
.occasionally include centimes
Morocco operates under a Value Added Tax regime (TVA in French) with
different TVA rates for different products. Some businesses are exempt
from TVA altogether. Before doing business in Morocco, it is advisable to
consult with a local tax advisor on how TVA will affect the company’s
business. The market determines prices without government involvement
with exceptions for staple commodities like flour, sugar, and butane gas
which remain subsidized. There are different TVA rates in Morocco (20%
for most products, 10% for services and non-reimbursable drugs, 5.5% for
indispensable FMCG, 2.1% for media, shows and reimbursable drugs). For
service providers, all invoices issued by foreign companies are subject to a
10% tax. It is important to clarify with the contracting partner if negotiated
.rates are before or after this tax has been added
Casablanca, Morocco
E-mail : fdim@menara.ma
Hatcheries Association ●
Rabat, Morocco