Law 44-10 related to “the Casablanca Finance City Status” as modified by Law 68-12 defines the CFC Status eligibility criteria. These criteria are summarized as follows:
► To belong to one of the four categories of firms defined by law 44-10, namely:
- Financial Institutions (credit institutions, insurance and reinsurance companies, insurance and reinsurance brokerage firms, financial institutions operating in the sector of asset management and investment services providers)
- Regional headquarters of multinational companies
- Professional services providers (financial rating, financial research, financial reporting, audit, and legal, fiscal, financial, strategic, actuarial and human resources consultancy)
- Holding companies
► To do business partly with non-resident legal entities and/ or non-resident individuals
► Other conditions are required for the four categories of companies mentioned above
To view the full list of criteria and conditions of eligibility, please refer to Law 44-10 as amended by Law 68-12 as well as to their implementing decree in the section “Downloads”.