Legal Framework
From The Report: Morocco 2018
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In conjunction with Naciri & Associés Allen & Overy, this chapter contains an overview of the legal framework in which local and foreign investors operate in Morocco, with an overview of the regulations governing different sectors, the rules for investment and expatriate employment, and recently introduced legislation on trade and financial services.

This chapter contains a viewpoint from Hicham Naciri, Managing Partner, Naciri & Associés with Allen & Overy.

Articles from this Chapter

Overview

Best practice: Reforms provide incentives and transparency for investors, and amending the Labour Code remains a priority
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For nearly two decades, Morocco has been widely commended for its ongoing efforts to support and attract investment. Accordingly, the kingdom’s institutions are amending and adopting several measures to modernise its legal framework and thereby increase its appeal as an investment destination. In turn, the state is supporting major private sector players in Morocco in the formation of industrial conglomerates, and facilitating the expansion of these firms across the African continent. Government…

Analysis

Save the data: EU regulations on data protection are set to affect Moroccan subcontractors, making full compliance important
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In Morocco, the collection and processing of personal data is regulated by Law No. 09-08 relating to the protection of individuals with regard to the automatic processing of personal data, which was promulgated by Dahir (royal decree) No. 1-09-15 on February 18, 2009. Furthermore, the kingdom’s data protection legal framework is based on the Council of Europe’s Convention No. 108 of January 28, 1981. This came into force in Morocco by virtue of Dahir No. 1-14-150 on August 22, 2014, which…

Interview

Competitive ecosystem: Hicham Naciri, Managing Partner, Naciri & Associés with Allen & Overy, on new anti-trust regulations for mergers and acquisitions, and joint-venture transactions
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Viewpoint:Hicham Naciri The business climate in Morocco has been continuously improving since the early 2000s. This is evidenced by several infrastructure and industrial projects developed recently in Morocco by multinationals and foreign investors. In order to reassure investors the Moroccan legislature has introduced new mechanisms in relation to merger control. On June 5, 2000 the country adopted its first law related to merger control, namely Law No. 06-99, relating to the freedom of…