Morocco now has one of the highest corporate tax rates in the world, according to the OECD’s Corporate Tax Statistics 2026 report. The country’s top statutory corporate tax rate is now 35%, second only to France’s 36.1%. Colombia and Malta also apply a 35% rate.
Morocco was one of only four countries to raise its corporate tax rate between 2025 and 2026, increasing it by one percentage point. Unlike France and San Marino, whose higher rates are temporary, Morocco’s 35% rate is its standard statutory rate.
The figure is well above the global average of 21.2%. The average stands at 26.6% across African countries in the report and 24.2% among OECD members.
Only 25 of the 146 jurisdictions covered by the OECD apply corporate tax rates of 30% or more. Most countries, 74, have rates between 20% and 30%.
The 35% rate is the highest bracket under Morocco’s corporate tax system.
Companies with net taxable profits below MAD 100 million pay 20% corporate tax. Companies earning MAD 100 million or more pay 35% on their total taxable profits. Banks, Bank Al-Maghrib, Caisse de Dépôt et de Gestion (CDG), and insurance and reinsurance companies pay 40%.
Companies must also pay a minimum contribution tax of 0.25% of annual turnover, even if they make little or no profit. A reduced rate of 0.15% applies to businesses selling essential goods such as fuel, flour, sugar and water.
