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Update - Morocco Publishes Amending Finance Law for 2020

|Approved Changes|Morocco
Morocco

Morocco published the Amending Finance Law for 2020 in the Official Gazette on 27 July 2020. Further to the measures {News-2020-07-21/A/8-previous coverage}, the law includes:

  • a one-year extension for the 36-month VAT exemption regime applicable to the acquisition of investment goods acquired by newly incorporated companies not exhausted before 24 March 2020;
  • a one-year extension of the initial six-year deadline for the registration duties exemption for agreements related to hotel construct…

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