Mohamed Imzil

Mohamed Imzil is our exclusively recommended Business Law expert in Morocco on the Advisory Excellence website. If you need assistance in this area, please contact Mohamed directly using the contact details listed above.

Over the past 20 years, significant social and economic advancement has been made as a result of structural reforms and significant public investments. Thanks to exports, private investment, and tourism, the Moroccan economy is characterised by macroeconomic stability and low levels of inflation.

The economy is currently in a deep recession as a result of the 2019 new coronavirus illness pandemic. The International Monetary Fund projects that the GDP will expand by 3.9% in 2022 and 4.5% in 2021.

Natural resources, agriculture, fisheries, textiles, leather goods, food processing, and tourism have historically been the primary pillars of the Moroccan economy. Emerging industries including offshoring, renewable energy, electronic assembly, automotive, and aerospace manufacturing are all experiencing rapid growth.

Morocco has 37.13 million residents.

Morocco’s official languages are Amazigh and Modern Arabic. The primary language is Moroccan Arabic. French is a common language. There is also use of Spanish and English.

The official procedure for forming a company organisation and the rules governing the sale of corporate entities are governed by business law.

Additionally, it covers rights delegation, contract drafting, task delegation, breach of contract, transactions, contracts, and fines for contract violations.