The Moroccan government has announced corporate tax exemptions for its defence, security equipment, and arms manufacturing sectors to stimulate the growth of the domestic defence industry.
The decision, revealed in a recent government statement, follows the approval of a draft decree during a council meeting. This decree, presented by Abdellatif Loudyi, Minister Delegate in Charge of National Defence Administration, identifies industrial activities eligible for temporary corporate tax relief under Morocco’s General Tax Code.
The exemptions aim to encourage the production of defence equipment, arms, and ammunition, aligning with Morocco’s broader ambition to develop a local military industry capable of meeting domestic needs and competing in export markets.
This initiative is part of Morocco’s strategic plan to enhance its regional influence and establish itself as a key player in the global defence sector.