Below is a table outlining the VAT (Value Added Tax) rates in Morocco:
| Type of Goods/Services | VAT Rate | Description |
|---|---|---|
| Standard Rate | 20% | Applies to most goods and services sold in Morocco, including imports. |
| Reduced Rate | 10% | Applies to certain goods and services, including restaurant services, hotel accommodations, and transportation. |
| Lower Reduced Rate | 7% | Applies to basic necessities such as water, electricity (up to a certain consumption level), and social housing. |
| Super Reduced Rate | 14% | Applies to certain products like pharmaceuticals and specific food items. |
| Zero Rate | 0% | Applies to exports and international transport services. |
| Exemptions | Exempt | Certain goods/services are VAT-exempt, including education, health services, and banking services. |
Additional Notes:
- Standard Rate (20%): This is the general VAT rate applied throughout Morocco for most goods and services.
- Reduced Rate (10%): Applies to specific sectors to promote tourism and essential services.
- Lower Reduced Rate (7%): Focuses on essentials to make basic services more affordable for the general population.
- Super Reduced Rate (14%): Targets goods that are important for public health and nutrition.
- Zero Rate (0%): Exported goods and certain international services are VAT-free, enabling businesses to claim VAT credits on inputs.
- Exemptions: No VAT is charged on exempt goods/services, and businesses dealing exclusively in exempt goods/services cannot claim VAT credits on their inputs.
This table provides a clear overview of how VAT is applied in different contexts across Morocco.