Morocco is certainly cheaper than Egypt and Tunisia but offers a higher standard of living. In addition, Morocco and its inhabitants enjoy the legal and financial system to protect political stability, business interests and, above all, a pool of promising talent.

why Foreign should Invest in Morocco

Foreign investors need to know about banking, legal systems and human resources in advance of business development or investment in Morocco.

Low labor cost

One of Morocco's main attractions to investing is financial. Wages are relatively low. Minimum hourly wages in the industrial and commercial sectors are 12.85 Dirhams/hour ($ 1.52 USD) during 44 hours of work per week, paying a monthly minimum wage of $ 266. The service sector average wage is about $ 590 a month.

The company also has to pay higher social security contributions than Tunisia and Egypt. You will be deducted about 22% of the social security contribution of $ 590 salary from the 23% tax per month.
The employer must sign up for the National Social Security Fund (NSSF) within 30 days of hiring the first employee and report the number of salaries and workdays per employee. Employees benefit from mandatory health insurance (AMO) and medical assistance plans (RAMED) under certain conditions.

Freedom of the bank fund

Even if foreigners or Morocco are established overseas, foreign investors enjoy many banking benefits that help businesses in Morocco do business.

Foreign currency investments can be made freely without prior approval from the Exchange Office. They can take many forms such as setting up a sole proprietorship, participating in an established company, joining an existing company's capital increase, establishing a branch or liaison office, and making simple contributions.

Unlike in Morocco, where foreign investors are severely constrained by foreign purchases and remittances due to the inability to convert Dirhams, Morocco provides a conversion system that allows them to carry out investment transactions and transfer income generated by them. The proceeds sold to the selected country.

In addition, Morocco-based investors are not subject to double taxation in terms of income taxes due to agreements concluded between a number of partner countries such as Morocco, France, Spain, Tunisia, and many MENA regions.

Highly skilled workforce

Another advantage of Morocco is its citizenship. Moroccans trained in local engineering and business schools such as EMI, ENSA, EHTP, and ENCG are well equipped for employment with foreign companies registration in  Moroccans are trained in schools outside of the UK. Unfortunately, the majority of the population is so low in international rankings that Morocco is the victim of the quality of the public education system.

According to Moroccan management, 59% of the technical personnel have a satisfactory level of technical knowledge, and 57% have excellent organization and independence. In addition, 66% show initiative from various angles, and 70% show temperament and punctuality.

For example, a quick search for Rekrute.com in industries such as the advertising, marketing, finance, and electronics industries will result in 30 results each, including jobs for engineers, project managers, analysts, and technicians. We know that we have a well-qualified profile that meets the needs of new entrepreneurs every day.