Legal Framework
From The Report: Morocco 2014
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OBG introduces the reader to the different aspects of the legal system in Morocco, in partnership with Lefèvre Pelletier & associés. This chapter includes a viewpoint from Alain Gauvin, Partner, Lefèvre Pelletier & associés, as well as an interview with Romain Berthon and Lina Fassi Fihri, Partners, Lefèvre Pelletier & associés.

Articles from this Chapter

Analysis

Moving with the times: Changes to the rules governing public contracts
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Public procurement contracts are of great importance in Morocco, representing 15% of GDP in 2013. The principles governing public contracts required amendment in order to comply with international standards. Amending the status of public contracts was also an opportunity to give the necessary attention to strategic issues such as environmental protection and job creation. In addition, it was a chance to convey a clear message that improving the business climate through the enhancement of both transparency and competition was a priority. The new regulations were designed to address all of these objectives and correct the deficiencies of…

Analysis

Home improvements: A look at the regulations regarding real estate
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With real estate a major part of the Moroccan economy, the country is continuously strengthening the sector’s legal framework, and has laws and regulations that cover a wide range of business law. RECENT LEGISLATIVE EFFORTS: The rights in rem code & registration of real estate: At the end of 2011 the Moroccan legislator adopted the rights in rem code, modernising legal rights in rem which were formerly regulated by a 1915 dahir (decree). The rights in rem code encompasses non-registered properties, and regulates the possibility of purchasing a real estate asset in possessing it for a certain duration (from 10-40 years). The rights…

Viewpoint

Alain Gauvin, Partner, Lefèvre Pelletier & associés, on legislative convergence and financial regulations
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On October 13, 2008, Morocco became the first country in the Mediterranean region to be granted advanced status, marking a new phase of privileged relations with the EU. This reflects the shared willingness of Morocco and the EU to strengthen political dialogue and cooperation in the economic, social, parliamentary, judicial and security fields, as well as in other sectors such as agriculture, transport, energy and the environment. Advanced status is also intended to progressively integrate Morocco…

Interview

Overcoming hurdles: OBG talks to Romain Berthon and Lina Fassi Fihri, Partners, Lefèvre Pelletier & associés
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Interview:Romain Berthon and Lina Fassi Fihri What can be done to streamline the process of transactions and improve transparency? ROMAIN BERTHON: The price and value of land are major issues in real estate transactions. The price is the basis of the calculation of the registration tax applied to sales. If the price declared to the tax administration is lower than the price that the parties actually agreed upon, or the market value of the asset, the tax administration may reassess the price…