Invest in Morocco : Factors of productions

An overview of the main production costs in Morocco … 
Exchange rate: 1 DH= 0.0908 €; 1 DH=0.1035 US$ (as of  11/07/2017)

Minimum Legal Wages

Sectors MinimumLegal Wages
Trade and Industry 13.46 Dhs per hour
Agriculture 69.73 Dhs per day

Source: Ministry in charge of Employment and Vocational Training

Social Security Charges

 

Categoryof Benefits Calculation Basis Employers’ Contribution Rate Employees’ Contribution Rate Global Rate
1. Family benefits The total real salaries paid out during the period (months/quarter) 6.40% 6.40%
2.        Short-term Social benefits Total of capped salaries (each capped at 559€) 1.05% 0.52% 1.57%
3.        Long-term Social benefits Total of capped salaries (each capped at 559€) 7.93% 3.96% 11.89%
4.        Mandatory Health Insurance The total real salaries paid out during the period (months/quarter) 4.11% 2.26% 6.37%
5.        Vocational Training Tax The total real salaries paid out during the period (months/quarter) 1.6% 1.6%

Source: CNSS (National Social Security Fund)


*Including a 0.57% relative to the severance pay/indemnification which is broken down as follows: employer’s contribution is 0.38% and the employee’s contribution is 0.19%

Power Rates

 

 

Cities Power demand charge (in € exclusive of taxes per KVA/year) KWh (in €, exclusive of taxes)
Low power-consumption hours High power- consumption hours Peak hours
Casablanca 34.83 0.0440 0.0674 0.1025
Rabat 29.75 0.0422 0.0644 0.0977
Tangiers (Free-trade area) 29.70 0.0405 0.0582 0.0845

Low power-consumption periods: October-March 22:00-07:00; April-September: 23:00-07:00

High power-consumption periods: October-March 07:00-17:00; April-September: 07:00-18:00

Peak power-consumption periods: October-March 17:00-22:00; April-September: 18:00-23:00

VAT: 14%

Source: Lydec, REDAL, and CRI Tangiers

Water Rates:

Usage City Flat Fee (in €, exclusive of taxes/month) Price (in €, exclusive of taxes/cubic meter)
Industrial Use Casablanca 1,333 0,717
Tangiers (Free-trade area) 0,791 0,502
Hotels Casablanca 1,333 0,622
Tangiers (Free-trade area) 0,791 0,831

VAT: 7%

Source: Lydec and CRI Tangiers

Sanitation Rates

Usage City Flat Fee (in €, exclusive of taxes/month) Cubic Meter Price (in €, exclusive of taxes)
Industrial Use Casablanca 2,400 0,400
Tangiers 1,333 0,245
Hotels Casablanca 0,533 1-8 cubic meters=0,081;

9-20 cubic meters=0.157;

More than 21 cubic meters=0,312

Tangiers 0,361 0,831

VAT: 7%

Source: Lydec and CRI Tangiers

Telecommunication Tariffs

 

Debit Rates
ADSL 4 Mega 9.23€
8 Mega 13.89€
12 Mega 18.55€
20 Mega 46.51€
Optical Fiber 50 Mega 55.92

Source: Operators websites