The Directorate General of Taxes (DGI) announced on Wednesday the extension of the measure relating to the regularization of the tax situation of inactive companies to the end of December 2024. This measure is detailed in circular note No. 733 relating to the fiscal provisions of Finance Law No. 50-22 for the 2023 fiscal year

“The Directorate General of Taxes reminds companies that have not generated any turnover or have paid only the minimum of the minimum contribution, for the last four financial years, and who wish to permanently cease their activities, that they can benefit from the exemption from tax control as well as the “Exemption ex officio of sanctions for failure to file returns and pay taxes for non-prescribed years,” said a statement from the management

These companies are invited to subscribe, electronically, to the declaration of total cessation of activity during the year 2024, to spontaneously pay, within the same period of this declaration, a fixed amount of 5,000 Dirhams in corporate tax (IS) or income tax (IR) as applicable, for each fiscal year not prescribed, and to submit to the tax department responsible for them any document justifying their removal from the commercial register and a request for cancellation of business tax