MOROCCO
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About Morocco

Page Last Updated: 28/05/2024

Morocco, a vibrant country in North Africa, is known for its rich history, diverse culture, and strategic economic position. For businesses looking to expand into Morocco, establishing a local entity can be complex and time-consuming. Africa HR Solutions offers a seamless solution by enabling companies to operate in Morocco without needing a local entity. We provide expert payroll services and ensure your employees are paid accurately and on time, every time. 

Population: 37.37 M


Gross Domestic Product (GDP): $152.38 B
GDP Growth: 3.1%
Inflation: 2.2%
Foreign Direct Investment (% of GDP): 1.7%
Unemployment Rate: 9.99%
Capital: Rabat
Currency: Moroccan dirham (MAD)
Languages: Arabic, Berber, French

Liberia Payroll at a Glance

Currency

Moroccan dirham (MAD)

Income Tax

0% – 38%

Employer Taxes

21.09%

Employee Contribution

6.74%

Fiscal Year

1 January – 31 December

Date Format

dd/mm/yyyy

  • Morocco is a constitutional monarchy, with King Mohammed VI serving as the current monarch.
  • The country is a major tourist destination, known for its historic cities, such as Marrakech and Fes, as well as its beautiful landscapes and beaches.
  • Morocco has a rich cultural heritage, influenced by Arab, Berber, African, and European cultures, with renowned cuisine, music, and architecture.
  • The country boasts several UNESCO World Heritage Sites, including the Medina of Fez, the Medina of Marrakesh, and the Ksar of Ait-Ben-Haddou.
  • Morocco’s cuisine is famous for dishes like couscous, tagine, and pastilla, often seasoned with a rich blend of spices such as saffron, cumin, and coriander.
  • New Year’s Day
  • Anniversary of the Independence Manifesto
  • Labour Day
  • Feast of the Throne
  • Anniversary of the Recovery Oued Ed-Dahab
  • Anniversary of the Revolution of the King and the People
  • Youth Day
  • Anniversary of the Green March
  • Independence Day
  • Eid ul Ftr
  • Eid ul Adha
  • 1er Moharram
  • Eid ul MaoulidAnnabaoui
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