Morocco –New Social Solidarity Contribution Introduced.
Mercans, a leading Morocco payroll outsourcing, PEO/GEO, employee leasing, recruitment and BPO services provider, has published Morocco payroll outsourcing alert. Subscribe to Mercans’ Morocco payroll outsourcing alerts to ensure that you are always up-to-date with the lasted regulatory changes in Morocco labor and payroll compliance requirements.
In accordance with the Circular 731 of the Finance Law 2021, the government of Morocco introduced an additional social solidarity contribution of 1.5%, effective from 22 January 2021. The new social solidarity contribution applies to annual net income that exceeds MAD 240,000 and in accordance with the circular, the social solidarity contribution applies only to the payroll payments made in 2021.
Mercans’ Morocco Payroll Outsourcing Solutions
While Mercans’ Morocco Payroll Outsourcing alerts will allow you to stay on top the latest development in Morocco’s payroll regulations, you should still get in touch with Mercans’ Morocco payroll outsourcing, compliance, PEO/GEO and BPO specialists for a free consultation on setting up fully compliant payroll and HR functions. Better yet, outsource your payroll and HR activities in Morocco to Mercans and our Morocco payroll outsourcing experts will ensure that your employees will always be paid on time and in accordance with the Morocco regulations.
Download PDF: Mercans Statutory Alert Morocco Social Solidarity