HIBAPRESS – Ahmed Al-Musaed
As part of its ongoing support for companies in the Oriental region, the General Confederation of Moroccan Enterprises (CGEM) in the Oriental region organized an expanded communication meeting on Thursday, April 9th, at a major hotel in the Saïdia tourist station, regarding the new developments in the 2026 Finance Law, in partnership with the Regional Tax Directorate.
In a statement following the meeting, Amin Al-Fatimi, President of the General Confederation of Moroccan Enterprises in the Oriental region, confirmed that this meeting is part of a series of initiatives aimed at simplifying and understanding the new tax and financial provisions, pointing out that the symposium saw the participation of a select group of experts who provided detailed explanations of the legal amendments and their direct impact on the economic fabric. The meeting witnessed a distinguished presence of high-level officials, headed by the Governor of Berkane Province, the General Director of the Oriental Region Development Agency, the General Director of the Regional Investment Center, the President of the Berkane Provincial Council, and the Regional Tax Director, in addition to a significant presence of members of the Confederation, which gave the discussion a professional and realistic character. Al-Fatimi explained that the 2026 Finance Law carries with it qualitative developments that aim, in general, to enhance investment: by making investment the main driver of economic growth in the region, expanding the scope of incentives: where the advantages provided by the new "Investment Charter" were reviewed, especially for companies whose turnover exceeds 50 million dirhams, Value Added Tax (VAT) facilities: reference was made to extending the VAT exemption period to reach 60 months (by adding 24 months to the previous period of 36 months), which gives companies greater flexibility in managing their financial liquidity, supporting purchasing power: the meeting also touched on the developments in income tax, which aim to improve the purchasing power of citizens and employees, which positively reflects on the economic cycle. In conclusion of his statement, Amin Al-Fatimi expressed his pride in the success of this communication meeting, praising the positive interaction of the contractors who raised fundamental questions that were answered by the experts and officials present. He also thanked all the interveners and partners for their contribution to the success of this important communication station that serves the interest of the company and the region alike.
