1. Executive Snapshot
The 2026 Finance Bill modernizes VAT and customs while pushing Morocco toward digital, event-proximal compliance. Enactment is targeted before 31 December 2025.
1.1 Scope: VAT updates, SIMPL-TVA consolidation, phased e-Invoicing readiness, stronger customs controls.
1.2 Who’s impacted: Service sectors, importers/logistics, agri-inputs, renewable/industrial supply chains, sports entities, scrap/recycling buyers.
2. Digital Backbone: SIMPL-TVA
SIMPL-TVA becomes the single hub for electronic VAT management—standardized processes, fewer touchpoints, cleaner data.
2.1 Unified e-filing: One platform for returns and future transmissions.
2.2 Harmonized deadlines: Monthly and quarterly cadences aligned to simplify closing and analytics.
3. Path to E-Invoicing
The bill prepares service sectors for a phased rollout of structured e-invoices and status signaling.
3.1 Data discipline: Standard payloads that reconcile with returns.
3.2 Real-time visibility: Acknowledgments and rejections enable near-immediate tax control and fewer back-office reconciliations.
4. VAT Measure: Fertilizers & Growing Media
Import VAT relief widens to additional inputs (under the existing framework) with equivalent domestic treatment to preserve neutrality across the supply chain.
4.1 Outcome: Lower friction for sustainable agriculture; consistent pricing and tax handling.
5. VAT Measure: Investment Projects
A single 24-month extension now covers both import and local acquisitions under investment conventions.
5.1 Why it matters: Replaces fragmented timelines, reduces refund delays, and aids capex planning.
6. VAT Measure: Sports Companies
VAT exemption without credit for sports joint-stock entities is prolonged to 2030.
6.1 Policy intent: Support professionalization, formal payrolls, and sector growth.
7. VAT Measure: Scrap & Recovered Materials
Purchasers must self-declare VAT (output equals input in the same return).
7.1 Effect: Formalizes a high-risk segment, strengthens traceability, and clarifies ledger trails.
8. Customs Oversight: Sites, Surveillance, Standards
Import-involved companies must declare precise addresses for all storage and transfer sites to enable targeted post-clearance checks.
8.1 Remote tools: Drones and fixed cameras extend surveillance across logistics nodes, aligning with international security practices.
9. Blockchain for Cross-Border Integrity
A blockchain layer will authenticate supplier identities and verify commercial documents (e.g., import invoices) to automate exchanges with foreign partners.
9.1 Payoff: Tamper resistance, faster counterpart verification, and tighter fraud controls.
10. Green & Industrial Incentives + Action List
The VAT framework continues to favor fertilizers and renewable-energy components, while clearer refund procedures accelerate cash recovery for investment-heavy sectors.
10.1 Do now:
- Map processes to SIMPL-TVA and align calendars.
- Build/attest a complete registry of storage and transfer sites.
- Define e-invoice data models, lifecycle states, and archiving (hash/signature + retrieval SLAs).
- Prepare API integration, validation rules, and exception handling ahead of phased e-invoicing.
