Investment grant up to 30 % in Morocco: 2026 MRE guide to the Investment Charter

The minimum amount is 1,500,000 dirhams over 5 years, formalised in an investment convention signed with the State. Below this threshold, regional or sectoral schemes (TPE-PME programme, territorial grants) may apply but not the Investment Charter's main grant.

Yes. The legal cap is 30 % of total invested amount. To reach it, several grants must be stacked: main grant 5 to 10 % (jobs and capital), parity grant 3 % if female workforce > 30 %, sectoral grant 5 % for priority sectors (industry, digital, renewables...), territorial grant up to 10 % for Category A provinces, and cross-cutting grant for high added-value projects.

Yes, provided you have incorporated a Moroccan-law company (SARL, SA, branch of a foreign company). The holder can reside abroad: they can be sole shareholder and non-resident manager of a Moroccan SARL. Company incorporation takes 3 to 7 days via the Regional Investment Centres' portal.

On average 4 to 9 months between complete file submission and convention signing. Steps: completeness check (1-2 weeks), technical instruction (3-6 weeks), hearing and negotiation (2-4 weeks), validation in regional commission CRI or National Committee AMDIE (1-2 weeks), ministerial signing (1-4 weeks).

Yes, under conditions. CFC benefits (15 % corporate tax on export earnings, 20 % flat income tax for 10 non-consecutive years for expat executives since the 2026 Finance Act reform) stack with the Charter grant with no specific cumulative cap. A bespoke study by an OEC chartered accountant and a Moroccan business lawyer is essential to optimise stacking.

Priority sectors identified by the implementing decree of law 03-22 are: automotive industry, aerospace, electronics, technical textile, renewable energy, outsourcing and offshoring, transport-logistics, waste recovery, aquaculture, cultural activities. The list can be expanded by decree. Retail, residential real estate and speculative activities are excluded.

The grant can be reduced proportionally or fully reclaimed by the State with late-payment interest. If your project must be cancelled or resized, immediately request an amendment to the convention rather than letting it drift. A negotiated amendment is much cheaper than litigation. Keep invoices and CNSS records for 10 years: ex-post audits (Court of Accounts, DGI) can occur up to 7 years after convention end.

The 2026 Finance Act extended the scheme through 31 December 2026. A further extension could be enacted in the 2027 PLF but is not yet confirmed as of April 2026. For ongoing projects, the convention signed before this date covers the full agreed duration (5 years), even if intake of new files expires.