Incentives

Government interest share of a maximum of 25 %;
A total exemption from corporate income tax on production for a consecutive ten-year period;
A total perpetual exemption from all duties and taxes on the importation of equipment, materials and consumables, and a total perpetual exemption from VAT and all other taxes, except withholding tax;

Exemption from the tax on income from shares, capital rights and similar revenues on the profits and dividends of the companies holding a producing concession and shareholders of these companies;
The profits and dividends are freely transferable outside Morocco without limitation for foreign entities;

The royalty rates vary between 10% and 7% for oil and 5% and 3.5% for gas, depending on the location of the producing field (whether in onshore and shallow offshore, or in deep offshore). In either case, the first 300,000 Tons of oil and 300 million m3 of gas or the first 500,000 Tons of oil and 500 million m3 of gas produced from each exploitation concession, respectively, are exempted;
Surface rental of an amount equivalent to US$100 for each exploration permit and each square kilometre of an exploitation concession.