The Social Security Rate For Companies in Morocco stands at 18.50 percent.

Social Security Rate For Companies in Morocco averaged 17.98 percent from 2004 until 2019, reaching an all time high of 18.50 percent in 2010 and a record low of 16.10 percent in 2005. This page provides - Morocco Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Social Security Rate For Companies - values, historical data and charts - was last updated on October of 2020.

Social Security Rate For Companies in Morocco is expected to reach 18.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Social Security Rate For Companies is projected to trend around 18.50 percent in 2021, according to our econometric models.

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Morocco Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
18.50 18.50 18.50 16.10 2004 - 2019 percent Yearly

Morocco Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 31.00 31.00 35.00 30.00 percent [+]
Personal Income Tax Rate 38.00 38.00 44.00 38.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate For Companies 18.50 18.50 18.50 16.10 percent [+]


Morocco Social Security Rate For Companies
In Morocco, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Morocco because they help to pay for many social programs including welfare, health care and many other benefits.