The 2015 finance bill commented on by Les Echos.fr
In Morocco, the draft Finance Law 2015 comes in an exceptional context insofar as it is supposed to constitute a turning point towards the consolidation and immunization of the national development model, to win the challenge of joining the club of emerging countries. What about this 2015 Finance Bill?
Learn more about:
After having benefited, for more than 51 years, from specific tax advantages, the city of the strait will be subject, within almost a year, to the common law regime. Coming into force, according to the 2009 Finance Law and with the exception of companies established in Tangier free zone, “the gradual elimination of the exceptional tax regime aims to ensure balance between the regions”, affirmed the regional director of Taxes, Mohamed Chriki, at the end of a meeting organized, Friday January 23, in Tangier, under the theme “The tax provisions of the 2015 Finance Law”. It should be remembered that this preferential tax regime was established by the 1963 Dahir, to give impetus to economic dynamics in Tangier. Companies benefited at the start of the launch of this operation from a reduced rate of 17.5%, planned to be increased annually by 2.5% points. Until this rate reaches 30% (instead of 27.5%) at the end of December of the current year.
The production company of French director Luc Besson has decided to take the famous audit firm Deloitte to court following a reservation issued on its 2013/2014 accounts. According to information collected by Challenge, the cabinet considered that the company’s turnover should be reduced by nearly 30 million euros, something which was detrimental to the production company, and which pushed the Commissioner to accounts to resign. Europacorp is seeking 60 million euros in damages from the courts.
According to a recent study, thirty African companies announced an IPO this year, six more than last year. This is the largest number of IPOs by African groups since the 2008 crisis.
2015 promises to be fruitful for African financial centers. A study by the international business law firm Baker & McKenzie estimates that thirty initial public offerings (IPOs) of companies domiciled in Africa are planned for this year, six more than in 2014: this is the highest level reached since the 2008 financial crisis. These IPOs reach a total value of 2.063 billion dollars, or 3% more than last year and 336 million dollars more than all those recorded on the continent from 2011 to 2013.
Johannesburg in a position of strength
The three South African companies that have indicated their intention to go public this year represent 23% of the total value of these IPOs. It is interesting to note, however, that among them, only the investment company Ubuntu Botho Financial Services, owned by South African billionaire Patrice Motsepe, plans to join the Johannesburg Stock Exchange. The South African energy producer Ssafen has chosen to list on the alternative market of the London Stock Exchange (London AIM), while its compatriot Steinhoff International, present in logistics, furniture (Conforama) and distribution, is preparing the listing of its European activities in Frankfurt.
http://www.challenge.ma/al-barid-bank-sactive-42255/
Support for VSEs. Several offers in the pipeline to support young people in creating businesses. The banking subsidiary of the Barid Al Maghrib group has also just launched a new savings offer to attract young Moroccans aged 18-25…
FRENCH VERSION 
