Investment Climate in Morocco

Morocco has improved its business regulation the most compared to global economies as reported in Doing Business 2012 that shows quick growth in improving the country’s investment climate, ranking 94th among 183 economies measured in Doing Business 2012 – climbing 21 places from its ranking in the 2011 report.

The Government of Morocco has been keen on maintaining the momentum of the reforms and has requested assistance from international groups in providing follow-up advisory services to take stock of ongoing reforms and reactivating of past years development plans.

Regulatory Framework

Moroccan Investment Development Agency (AMDI)

AMIDA is a public institution with legal personality and financial autonomy. It is the national body responsible for the promotion and development of investment in Morocco. AMIDA’s mission is to establish a structure and guidance for investors. It is also responsible for cooperation and coordination of investment promotional activities both in Morocco and abroad.

Labor Code

The labor code sets the basic principles set by the Constitution and international standards as spelled out in the UN conventions and its specialized organizations in connection with the work field.

The protected rights include:

  • Trade union freedom and effective adoption of the right to organize and to bargain collectively
  • Prohibition of all forms of work coercion;
  • Effective abolition of child labor
  • Prohibition of discrimination in terms of employment and professions;
  • Equal wages

Freedom of Pricing and Competition

The 06-99 Law on free pricing and competition gives the rules for the protection of competition. It aims to boost economic efficiency, improve the welfare of consumers and ensure transparency and fairness in trade relations. The Law prohibits anti-competitive economic practices that may prevent, restrict or distort competition in the domestic market. Competition policy in Morocco is not intended to impose constraints on companies but to enable them to operate in open markets, whose working procedures are not impeded by anticompetitive behavior from other companies.

Personal Data Protection

The Law No. 09-08 on the protection of individuals with regard to processing of personal data introduced a set of legal provisions aimed at protecting the identity, rights and individual and collective freedoms as well as privacy against all attacks that may affect them through use of computers. With the adoption of the Law 09-08, Morocco is among the first Arab and African countries with a complete protection system, and ranks among the safe destinations in terms of movement of personal data.

Arbitration and Mediation

The arbitration legal arsenal is aimed at harmonizing the Moroccan trade law with international principles. This paper broadens the scope of arbitration to legal entities under public law.

Copyrights

These measures aim to harmonize national legislation with the commitments made by Morocco in the framework of the international treaties and agreements. The Moroccan Office of Copyright (OMPIC) under the Ministry of Industry and Communications is responsible for the protection and exploitation of copyright and its other rights.

Industrial Property

Industrial property is an exclusive right that gives its holder the right to enjoy the benefits or use the property concerned. It concerns the following intangible assets:

  • Patents
  • Designs and Industrial Models
  • Trademarks, company names, trade names, appellations of origin and geographical indications.

The formalities for protecting the rights of Industrial and Commercial Property and applying international and national legislation are made at the Moroccan Office of Industrial and Commercial Property (OMPIC).

Information on the investment climate in Morocco includes the following;

 

Further reading

http://www.animaweb.org/en/pays_maroc_en.php

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