Apply for Value Added Tax In Morocco By Online
visit the nearest customs and Exercise Administration branch or by visit the customs website;http://www.douane.gov.ma and register for VAT the process is very easy.
1. Visit the relevant authority and download an application form , complete it accurately and send it for approval to Authority.
2. Make sure you have all the required documents.
3. Make sure you pay the appropriate fees.
4.The application is evaluated to determine eligibility.
3.If a business or individual is deemed eligible, they will get registered and
5.A certificate of registration is given.
- Note
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- VAT is applicable to all commercial, industrial or handicraft-related activities as well as the practice of a profession of liberty and also imports (Article 87 of the General Tax Code). Amounts of VAT that is paid to tax authorities may be offset against VAT that is paid by the company in the period of.
Required Documents For Apply for Value Added Tax
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- Demand Letter from the company
- Trade License
- Fee for payment
Office Locations and Contact
- EXCISE AND CUSTOMS ADMINISTRATION
Avenue Annakhil, Hay Riad 10000 Rabat, Morocco
Contact number : + 212 537 57.90.00 + 212 537 71.78.00
E-mail : adii@douane.gov.ma
Website : http://www.douane.gov.ma
From Morocco dial (Eco number) : 0801007000
Eligibility
Anyone who conducts any tax-paying transaction is under the obligation to be registered for Value added tax in Morocco.
Fees
Registration for VAT is completely free without cost. The standard rate of VAT equals 20% of amount of the products that are sold or the services rendered. However, lower rates (of 7 %, 10 percent or 14 percent) are available for specific transactions.
Validity
The registration is valid in the event that the registered person continues the filing of VAT returns as long as he/she is not able to request cancellation.
Processing Time
A. One (1) up to (2) days
Instructions
1 .Before making your application, you must get an tax Identification Number (TIN);
2.If the applicant does not have a Tax Identification Number (TIN) or TIN, they must try to obtain one prior to applying for the Value Added Tax (VAT);
3.Always be aware of the timeframe for filing VAT returns.
4.In instances of any change following the registration of a tax, you must inform the tax authorities in writing.
5.Whenever an taxable transaction is carried out, ensure that a tax invoice has been sent to the person receiving the products or services.
6.Always declare any income that is tax deductible
7.All transactions are handled through partner banks
8.Ensure that the amount is paid prior to the time period that has been specified expires.
Requirements Information
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- The full name and address for the applicant;
- Address and address of the registered company;
- Tax Identification Number (TIN);
Documentation is needed
The Value Added Tax (VAT)was introduced in Morocco in 1986.
A Value Added Tax (VAT) is an annual tax that is not cumulative and is assessed at every step of the distribution cycle. Therefore, sellers of goods and services are required to include VAT on their net prices.
If the buyer is taxed for VAT, the input VAT could be offset against VAT due to output. The VAT rate for standard purchases is 20%, and is applicable to all providers of services and goods, with the exception of those that are taxed at different rates or exempt. A lower rate of 10% is applicable to certain items like leasing and banking services gas, water, and electricity.Thus the suppliers of services and goods must include VAT in their prices net.
All products, excluding those subject to tax at other rates or tax-exempt are subject to a VAT standard rate of 20 percent.
- i)Tansport as well as electricity is taxed at 14%.
- ii)while credit, banking and gas , and other fuels are subject to tax at 10%, and
- iii)water or pharmaceutical products can be taxed up to 7 percent.
Information that can be useful
Two kinds of VAT exemptions are available. One is an exemption that includes credit, equivalent to zero tax that applies to agricultural products, exports and equipment, as well as fishing equipment. The other is an exemption without credit , meaning that the seller does not receive credit for VAT input paid. This exemption is applicable to the simplest food items, newspapers as well as international transport services.
External Links
http://www.invest.gov.ma/?Id=18<=en
http://www.pkf.com/media/1960379/morocco%20pkf%20tax%20guide%202013.pdf
http://uk.practicallaw.com/9-518-1029
https://liveatlund.lu.se/intranets/LUSEM/NEK/mfs/MFS/209.pdf