Business
French-model commercial law with an active investment-incentive regime
The 1996 Commercial Code and Law 17-95 on public limited companies govern business organisation, with Casablanca Finance City and industrial acceleration zones providing preferential tax treatment.
Key rules
- Jurisdiction — Commercial courts of first instance and commercial courts of appeal handle company and trade disputes; the OMPIC registry administers company and IP filings.
Governing law
- Commercial Code, Law 15-951996
- Law 17-95 on sociétés anonymes
- Law 5-96 on SARL and other forms
- Law 103-12 on credit institutions
- Investment Charter, Law 03-222022
In practice
Morocco has specialised commercial courts, established in 1997, which makes the forum question simpler than in several neighbouring states. The 2022 Investment Charter replaced the previous regime and restructured incentives around job creation and territorial rebalancing, and it is the current reference for any greenfield project rather than the older charter still cited in some material. Casablanca Finance City confers a distinct tax and exchange-control status on qualifying regional headquarters and financial firms, and it is a genuine regime rather than a branding exercise. Exchange control administered by the Office des Changes remains a real constraint on repatriation and must be planned for, since convertibility is not unrestricted.