Signature of an agreement relating to the payment by the Moroccan State from the tourist accommodation establishment’s business license tax

An agreement related to the bearing by the Moroccan State from the business license tax ("taxe professionnelle") of the tourist accommodation establishments was signed on February 3, 2022 between the Ministry of Finance and Tourism and the representatives of the tourist establishments.

In application of this agreement, the Moroccan State will take in charge the amounts of professional tax due for the financial years 2021 and 2022 by the tourist accommodation establishments which remained unpaid on February 2022, 3^th.

The conditions to benefit from this measure are the following:
- Being a tourist accommodation establishment;
- Submitting an application to the regional hotel industry association before May 2022, 1^st in accordance with the model provided in Appendix 1 of the Agreement;
- Presentation from a commitment not to pay dividends in 2021 and 2022 and confirmed that it did not pay dividends in 2020.