Morocco Tax Rates 2026: VAT, Corporate Tax & Income Tax
Current 2026 Moroccan tax rates - VAT (20/10/0), corporate tax (IS) and income tax (IR) - and how to apply VAT on invoices. Sourced and dated.
Understanding Morocco's tax rates is essential for compliant invoicing. This guide summarises the current 2026 rates - VAT (TVA), corporate tax (IS) and income tax (IR) - and how to apply VAT on your invoices.
Last verified: June 2026. Rates can change with each annual Finance Law - always confirm against the official DGI before relying on them.
Morocco VAT (TVA) rates in 2026
Following the 2024 Finance Law, Morocco converged its VAT to two main rates (plus zero-rated/exempt). The former 7% and 14% rates were progressively removed by 2026.
| Rate | Name | Typical use |
|---|---|---|
| 20% | Standard rate | Most goods and services |
| 10% | Reduced rate | Specific categories defined by law (e.g. certain financial operations, hospitality, selected goods) |
| 0% | Zero-rated / exempt | Exports and exempt operations |
Applying VAT on an invoice
For a product sold at 1,000 MAD at the standard rate:
- Net (HT): 1,000 MAD
- VAT (20%): 200 MAD
- Total (TTC): 1,200 MAD
In Hisab, VAT is calculated automatically per line - you pick the rate and the totals (HT, VAT, TTC) are computed for you.
Corporate income tax (IS) in 2026
Morocco's corporate tax also converged to a simpler structure for fiscal years starting on or after 1 January 2026:
| Net taxable income | IS rate (2026) |
|---|---|
| Under 100,000,000 MAD | 20% |
| 100,000,000 MAD and above | 35% |
| Financial sector (banks, insurance, etc.) | 40% |
A minimum contribution (cotisation minimale) of 0.25% of turnover (minimum 3,000 MAD) also applies, with relief for the first 36 months of activity.
Personal income tax (IR)
Income tax is progressive, with a top marginal rate of 37% on annual income above 180,000 MAD; the first 40,000 MAD is exempt.
Identifiers required on every invoice
Compliant Moroccan invoices must carry your business identifiers - most importantly the ICE (15-digit Identifiant Commun de l'Entreprise), plus the IF (Identifiant Fiscal) and RC (Registre de Commerce). See the glossary for definitions.
E-invoicing from 2026
Morocco is rolling out mandatory e-invoicing from 2026 under a DGI clearance model (UBL 2.1 / CII formats). For dates, scope and how to prepare, see our DGI 2026 mandate guide.
Sources
- DGI - Direction Générale des Impôts: https://www.tax.gov.ma/
- Corporate / VAT / income tax rates: PwC Worldwide Tax Summaries - Morocco
- VAT rate convergence: 2024 Finance Law (Loi de Finances 2024)
Hisab is an independent e-invoicing software provider and is not affiliated with the DGI. This guide is informational and not tax advice.
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