IBS North America
International Business Strategy

Morocco is living a great economic expansion, GDP grows more than 3% and there are a lot of infrastructural works. Italy holds the eighth place as investor country and the fourth as client. On the one hand France and Spain have an undisputed supremacy, on the other hand Italy is gaining more positions thanks to bureaucratic reduction of the Moroccan system. Nowadays, a society can be established in 15 days. On the fiscal level there are some free zones, like Tangeri, that have a tax exemption for five years and then a tax reduction.

One fault: rampant corruption, but local system is moving to stop this problem, for example through a vigilance institution and thanks to social and media attention. Finally, we do not have to forget that Morocco is just out of our boundaries and Italy has to respond to business.

Source: IlSole24Ore, October 31, 2011