Category: Legal
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Auto-entrepreneur’s new 30% tax explained
If you have been following the new 2023 financial law, it was So there are two things you need to know: So, from an auto-entrepreneur perspective, nothing is changing. The new 30% rate is paid by the client and not the auto-entrepreneur. But why? The reason for this change is that Moroccan companies were using…
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Can you pay rent using your company in Morocco?
This is one of the most asked questions in my email and DMs: Can I pay rent using my company? And that’s a valid question. With rents skyrocketing, paying it using your company is a good idea. So, the short answer is yes, you can pay your rent using your company. But, it’s a complicated…
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Can you pay your SaaS or software purchases using your company?
Nearly all jobs require some kind of software. Either a one-time purchase, or a subscription model like productivity apps, design software, etc. While these apps tend to be cheap, their cost adds up really quickly. If you’re a designer or a software developer, you may find yourself paying 3/4 apps every month to do your…
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Can you get a mortgage as a freelancer or remote worker?
I get this question a lot, and it’s a legit one! As a freelancer, or remote worker, can you get a mortgage easily? And if so, what are the rates? The answer is “it’s complicated“. So, let me explain why before continuing! It’s all in your new “status” In theory, when you work as a…
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2022 Moroccan finance law: New solidarity tax
When Morocco was facing COVID in 2020, a new “corrective” finance law was introduced to help with COVID-related expenses. One of the “corrective” measures was introducing a “solidarity tax” (ie, helping with COVID-expense) on individuals earning more than 20.000 MAD per month, and companies making more than 1 million MAD in profit. With the new…
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2022 Moroccan finance law: Proportional tax (IS)
A new year, a new update to the finance law! While I won’t cover every change, I’ll at least cover those affecting freelancers and remote workers. The first change affecting us is the proportional IS (Import sur la Société). Before, this tax was progressive. And it’s better explained via an example: Benefits (MAD) IS Less…
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Moroccans: How much money can you spend on international e-shopping in 2022?
Every year or two, Morocco updates its laws regarding international spending for Moroccans. As a Moroccan resident or an international resident in Morocco, you don’t have the right to spend more than a specific amount of USD/EUR (or really, any currency other than the local one) in a calendar year. For 2022, you can spend…
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Is it better to be an employee or to create your company as a contractor/freelancer?
Working remotely means working either as a contractor or an employee. If the company has a legal entity where you live, you’ll be an employee. If not, you’ll be a contractor. But what’s the difference? Is it worth it to be a contractor? Or is it better to be an employee? The short answer is:…
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Calculate your CNSS and IR, step-by-step, with real examples and numbers
What’s the annoying part about working for yourself or working remotely? Doing taxes, paying yourself, and all those extra things you need to do. But the moment you understand them, you’ll open new doors for yourself. And that’s what I’m helping you with today. In a past post, I gave you the numbers you need…
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What is the auto-entrepreneur status in Morocco and when to use it?
Note: This article was updated on the 18th January 2023 following the new 2023 financial law. I get a lot of questions about the auto-entrepreneur status in Morocco, and especially the 1% taxation part. Why not paying 2% instead of +35%? And why spend too much time creating a company when you can get this…