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Rabat – Morocco’s draft 2026 Finance Bill introduces a broad set of tax and customs reforms designed to reinforce economic sovereignty, support local production, and modernize customs supervision.
The measures include fiscal incentives for sports companies, new import duty structures, and enhanced monitoring tools to combat fraud and informality.
Tax exemptions and incentives for sports companies
The bill grants sports companies a five-year tax exemption and allows cash or in-kind donations of up to 10% of taxable profit, capped at MAD 5 million ($490,000). Capital gains from the transfer of assets and liabilities from sports associations to sports companies will also benefit from exemptions.
It further introduces a declining lump-sum deduction on wages paid to sports professionals: 90% in 2026, 80% in 2027, 70% in 2028, and 60% in 2029. Value-added tax exemptions for sports companies will extend from January 1, 2026, to December 31, 2030.
Strengthening customs oversight
Presenting the bill before the House of Representatives’ finance and economic development committee, Minister Delegate for the Budget Fouzi Lekjaa explained that importing companies will be required to provide exact addresses for all storage and transfer locations of imported goods to enhance post-monitoring.
Customs officers will also be authorized to use drones and cameras to improve surveillance and align Morocco with best international security strategies.
The administration plans to introduce blockchain-based automated exchanges with foreign suppliers to verify identities and authenticate commercial documents, such as import invoices.
To curb informal activities, the bill proposes tougher penalties and classifies fraudulent operations involving undeclared goods in industrial acceleration zones as second-degree misdemeanors.
Adjusted import duties and industrial support
A series of import duty adjustments aim to balance protectionism with competitiveness:
- Import duty on jacquard fabrics will rise from 10% to 30% to shield local manufacturers.
- Duties on welded or pressed tin cans will fall from 30% to 17.5%, lowering costs for aerosol can producers.
- Tariffs on pesticides and crop protection products, such as cochineal insecticides and nematodes, will drop to 2.5%.
- Duties on photovoltaic cells assembled in panels will increase from 10% to 25% to support domestic solar industry competitiveness.
- Inputs for semi-automatic washing machines will see a reduction from 30% to 17.5% to encourage local assembly.
- Aluminum sections used in identity box manufacturing will face a lower rate of 17.5% instead of 30%.
Pharmaceutical and industrial protection
The draft law introduces updates to customs tariffs for pharmaceutical products, aiming to promote domestic manufacturing and make medicines more affordable. Customs duty on certain synthetic fibers will rise from 2.5% to 17.5% to support local broom and brush producers.
Similarly, the duty on polyvinyl chloride (PVC) resin will increase from 2.5% to 10%, a move to prevent Morocco from becoming a dumping ground for products diverted from markets like the US following its tariff hikes on Chinese goods.
The implementation of the mandatory tax-labeling system for certain fuels – including jet fuel, gasoline, propane, and butane – will be postponed until January 1, 2028. The delay will also defer penalties for non-compliance with labeling rules.
Finally, the government proposes reducing import duties on raw poplar wood and assembled panels from 12% to 6% to strengthen the domestic wood industry, lower costs for manufacturers, and stimulate job creation in related sectors.
The 2026 Finance Bill reflects Morocco’s continued efforts to balance fiscal discipline, industrial competitiveness, and economic sovereignty in a rapidly shifting global trade environment.
