Morocco: the certificate that weighs down the real estate market
Morocco: the certificate that weighs down the real estate market
The new measures concerning tax certification, in force since July 1 in Morocco, are seriously slowing down real estate transactions, notaries denounce.
“The origin of ownership, the residence permit, a copy of the CNIE of the future taxpayer(s) seller(s), the draft of the deed of sale or promise, or even the certificate of ownership… are all documents that the tax administration has required since July 1, 2024, in addition to a request in the form of information to be provided on a dedicated site, to obtain, in return, the famous tax certificate provided for by article 95 of the Public Debt Recovery Code of 2011”, explains to Media24Mr. Mohamed Lazrek, notary and former secretary general of the Order of Notaries.