Payment Terms Legislation In Morocco

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Morocco

Please scroll down for a summary of payment terms in Morocco and the various industries across which payment term legislation appears.

To access the complete international payment terms data, download the international payment terms whitepaper.

Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

Given limited compliance with previous regulation, a new law was introduced in 2022 that sets a default payment term of 60 days and a maximum agreed term of 120 days, from the issue of the invoice. Invoices must be issued by the last day of the month during which the goods were delivered or work done. The law includes reporting requirements to the government and stricter sanctions.

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