If you are a Moroccan national running an online business, engaging in e-commerce, or
earning profits through any digital or traditional ventures, this is a critical update for
you. The 2024 Financial Law introduces an opportunity to settle your tax obligations
from 2020 to 2023 with a reduced rate of 5%. However, this window closes on 31st
December 2024. If you miss this deadline, the financial regulations could cost you up
to 38% of your profits, along with potential penalties.

Let’s break it down to help you understand what’s at stake.

Who Needs to Declare?

This declaration applies to:

E-commerce professionals and online business owners.
Individuals with profits earned in Morocco between 2020 and 2023.
Those who hold liquid assets, real estate (apartments), cars, or cash under their
name.

If you fit into one or more of these categories, it’s crucial to act now to avoid financial and
legal issues in 2025.

What Happens If You Don’t Declare by December 2024?

Failing to regularize your financial situation within this grace period could lead to:

Increased Tax Rates: Starting from 2025, you’ll be taxed at a rate of 38% instead of
5%.
Penalties and Legal Action: Non-compliance may lead to fines and investigations
by tax authorities.
Business Risks: Non-payment could affect your ability to grow or maintain your
business in Morocco.

Why Pay 5% Now?

The 2024 Financial Law offers a limited-time opportunity for Moroccan taxpayers to:

Settle past tax dues with a significantly lower rate (5%).
Avoid future legal and financial complications.
Build a compliant and transparent financial record.

Steps to Take Immediately

Assess Your Assets and Profits:
Gather all necessary information about your profits earned between 2020 and 2023,
along with details of any assets (cars, apartments, cash).
Understand Your Contribution:
Your tax contribution is calculated at 5% of your total profits from the specified years.
Submit Your Declaration:
Visit the official Moroccan tax portal tax.gov.ma or contact the tax administration
office in your region to complete the process.

Don’t Wait Until It’s Too Late!

The 5% tax rate is a one-time offer that ends on 31st December 2024. After this
deadline, the Financial Law will enforce much higher tax rates, leaving no room for
negotiation. By acting now, you can avoid unnecessary stress and secure your financial
future.

Final Thoughts

Whether you’re an online entrepreneur, a digital freelancer, or anyone with undeclared
profits, this is the time to act. Take advantage of this grace period to settle your taxes and
ensure compliance with Moroccan laws.
Avoid Financial Risks in 2025 – Pay Your 5% Today!

FAQs

Q: If I have cash or an apartment, do I need to pay the 5% tax?

Yes, you do! The 5% tax applies to all declared assets, including cash, money in the
bank, and real estate (apartments). These must be declared as part of your profits from
2020 to 2023.

Q: How do I declare my assets for this tax?

Cash and Money in the Bank: You must declare these amounts directly with your
bank.
Apartments and Real Estate: Visit the Tax Administration office in your area to
declare your real estate holdings.

Q: Who needs to file this tax declaration?

Anyone who earned profits in Morocco between 2020 and 2023 and holds liquid assets,
real estate, cars, or cash must declare their earnings and pay the 5% tax.

Q: What happens if I don’t file my taxes by December 2024?

You’ll face much higher tax rates (up to 38%) and potential penalties starting in 2025.

Q: Where can I get more information?

Visit tax.gov.ma or contact your nearest Tax Administration Office for guidance.