Companies that join the Tanger Automotive City platform benefit from many advantages: 0% corporate tax for five years and only 8.75% for the following 20 years; exemption of VAT, customs duties and other local taxes; simplified currency transactions and customs procedures; state subsidies, etc.
Advantages linked to the free zone status
TAC enjoys free zone status for its industrial, logistics and service activities.
This status gives companies that set up here a special status which helps to strengthen their export competitiveness:
– Exempt from regulations relating to the control of foreign trade and exchange,
– Special customs procedures: free circulation of goods,
– Exempt from all duties and taxes (VAT, business tax and urban tax for 15 years, registration costs on the purchase of land and capital increase, customs duties),
– Exempt from corporate tax for five years, followed by a rate limited to 8.75% for the following 20 years,
– Currency transactions.
For more information, visit the website of the Agence Marocaine de Développement des Investissements
State subsidies
With the aim of encouraging foreign investment, the state of Morocco has set up subsidies, up to 15% (Hassan II fund) and 30% for the entire investment (industrial development fund).
To find out the eligibility conditions for the Hassan II Fund for economic and social development, visit the website of the Moroccan Department for Industry, Trade, Investment and the Digital Economy.
Tanger Automotive City offers exceptional competitive advantages. The TAC business park is one of the most powerful economic clusters in the Mediterranean via its integration in global logistics, trade and industrial flows.