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CGEM organizes Morocco-United Kingdom economic forum
via Le Matin7 min read
The General Confederation of Moroccan Enterprises CGEM is organizing an economic forum between Morocco and the United Kingdom. This event follows previous discussions where Morocco and the UK aimed to double their trade and accelerate bilateral investments. This goal is to be achieved by leveraging opportunities from major structural projects in Morocco and preparations for the 2030 World Cup. These ambitions were affirmed by Ryad Mezzour, Minister of Industry and Trade, and Chris Bryant, British Minister of State for International Trade, during a meeting in Rabat. The CGEM has also recently established a Business Council with the Confederation of Finnish Industries to boost industrial partnerships.
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Morocco has introduced a new system to subject digital services provided by foreign companies to Moroccan customers to Value Added Tax VAT. This mechanism, which came into effect on June 11, 2026, with the launch of the "Taxation on digital services" teleservice by the General Directorate of Taxes DGI, aims to integrate the digital economy into the Moroccan tax system. It ensures that foreign providers adhere to similar rules as Moroccan-based companies. The decree, published in the Official Bulletin of December 2025, applies to non-resident companies offering remote electronic services to non-VAT-registered individuals in Morocco. This includes platforms like Netflix, Spotify, ChatGPT, Google, Meta Facebook and Instagram, certain services from Uber and Airbnb, cloud computing, online software, paid applications, and other digital subscriptions. To determine a customer's location in Morocco, factors such as a Moroccan bank card, billing address, IP address, or phone number may be used. Affected foreign providers must register with the DGI, obtain a Moroccan tax identifier, declare quarterly turnover in Morocco, and pay the corresponding VAT electronically. They are also required to maintain records of transactions with Moroccan customers for ten years. While the new system mandates foreign providers to pay VAT, it does not compel them to increase their prices. Each company can choose to absorb the tax or pass it on, fully or partially, to customers. If the 20% VAT is fully pa