A free-zone accountant in Casablanca supports companies set up at Midparc, the Nouaceur industrial acceleration zone, and those planning to move there. The industrial acceleration zone regime offers tax advantages, but it requires rigorous accounting and filings. This article therefore details the tasks of a specialised accountant, the sensitive points of the regime and the support offered by our Casablanca office.
In short. A company set up at Midparc falls under the industrial acceleration zone regime (Law 19-94): corporate tax exemption for the first 5 financial years then taxation according to its situation (Art. 6 of the Tax Code), a specific minimum tax regime (Art. 144) and specific VAT rules. Accounting, filing and social obligations remain in full. Cabinet Dami & Associés works from its Casablanca and Tangier offices.
A question about your own situation? Message us on WhatsApp or book a consultation — reply within 24 hours.
Why a free-zone specialist accountant?
First, the IAZ regime does not waive any accounting obligation. The company keeps books, prepares financial statements and files tax returns, even during the exemption period. Next, several rules are specific to the regime: start of the exemption, minimum tax, VAT on flows with the taxable territory, transactions with related companies. Thus, an initial error can be costly at the end of the exemption period.
Which tasks for a company at Midparc?
| Task | Content |
|---|---|
| Formation and authorisation | Incorporation, zone operating authorisation file, registrations |
| Accounting | Bookkeeping, review, financial statements and tax return |
| Tax | Corporate tax, minimum tax, VAT, withholding taxes, business tax |
| Payroll and social | Payslips, CNSS, AMO, payroll income tax, filings |
| Management | Group reporting, budget, transfer pricing |
| Year-end | Accounts approval meeting and legal filings |
In practice, these tasks are grouped with a single contact, which simplifies management for a foreign group.
Want a quote for your project? Tell us about your activity: we will reply within 24 hours with the next steps and an estimate of our fees.
Which IAZ regime points should be watched?
| Point | Rule | Basis |
|---|---|---|
| Corporate tax | Full exemption for the first 5 financial years, then taxation according to the company’s situation | Art. 6 Tax Code |
| Minimum tax | Specific regime for the companies concerned | Art. 144 Tax Code |
| VAT | Specific regime for transactions with IAZs; filing obligations maintained | Tax Code |
| Social | No derogation: CNSS, minimum wage, Labour Code | General law |
As a result, tax planning should start at formation. See our article on VAT in free zones and our guide to industrial acceleration zones.
Which mistakes should be avoided?
- Starting operations without organised accounting.
- Misdating the start of operations, which sets the exemption period.
- Forgetting filings during the exemption period.
- Invoicing the taxable territory without mastering the VAT regime.
- Neglecting documentation of intra-group flows.
- Underestimating social obligations, identical to general law.
Moreover, these mistakes often surface during an audit, several years later. Our guide to accounting and reporting obligations details them.
Casablanca and Tangier: two offices, one firm
Our firm is based in Tangier and Casablanca. Thus, a company present at Midparc and Tanger Free Zone, or a group hesitating between the two zones, keeps the same contact. Our free zone comparison helps you choose, and our Midparc Casablanca free zone page presents the zone. In Tangier, see our free-zone accountant in Tangier.
How does the support work?
In practice, we start with a diagnosis of your project: activity, eligibility, timetable and financing needs. Next, we organise formation, accounting and payroll from the first month. Finally, we handle tax follow-up and the annual closing. For financial services or regional headquarters, we also compare with CFC status.
Need advice on this topic? Cabinet Dami & Associés, chartered accountants with offices in Casablanca and Tangier, will reply within 24 hours.
Why choose Cabinet Dami & Associés?
Our firm specialises in free zones and CFC status. We know the constraints of exporting manufacturers, subsidiaries of foreign groups and aerospace subcontractors. Thus, you have an accountant who speaks your sector’s language, in Casablanca as in Tangier.
FAQ — Free-zone accountant in Casablanca
Must a free-zone company keep accounts?
Yes, accounting and filing obligations remain in full, even during the exemption.
What is the corporate tax advantage in an industrial acceleration zone?
A full exemption for the first 5 financial years, then taxation according to the company’s situation (Art. 6 Tax Code).
Are social charges reduced?
No, there is no social derogation: CNSS, minimum wage and the Labour Code apply.
Does the firm work at Midparc?
Yes, from its Casablanca office.
Can we be supported in both Casablanca and Tangier?
Yes, the firm has offices in both cities.
Conclusion
A free-zone accountant in Casablanca secures your IAZ regime from formation and throughout the exemption. For a Midparc project, contact our Casablanca office.
Sources: Law No. 19-94 on export free zones (industrial acceleration zones) and Decree No. 2-95-562, on adala.justice.gov.ma; operator presentation on midparc.com; General Tax Code (Arts. 6 and 144).
The tax and regulatory information presented is subject to change. For an analysis tailored to your situation, please contact Cabinet Dami & Associés.
