Morocco · Freeport & special zone
Tangier Offshore Financial Centre (banks and holding companies in offshore zones)
Closed
Last verified July 2026
Abolished, with no grandfathering. The OECD Forum on Harmful Tax Practices records the Moroccan regime for banks and holding companies operating in offshore zones, under Law 58-90, the Tangier Offshore Financial Centre, as abolished. Activity was consolidated into Casablanca Finance City from around 2017, which was itself then reformed.
This programme is closed. We keep the page up because agents still advertise it and clients still ask. Nothing below is available to new applicants.
The Tangier offshore company still appears in structuring proposals. It does not exist. Morocco killed it outright rather than amending it. That is a useful reminder that OECD pressure abolishes regimes as often as it reforms them, and that grandfathering cannot be assumed.
Qualifying routes
—
Offshore holding company / offshore bank (historic)
flat-fee taxation under Law 58-90, now abolished
The facts
- Total landed cost
- Not applicable. The regime has been abolished.
- Route type
- Freeport & special zone
- Physical presence
- Not applicable
- Permanent residency
- Not applicable
- Citizenship
- Not applicable
- Language test
- Not applicable
- Dual citizenship
- Permitted
What can go wrong
- Abolished with no grandfathering. Any structure built on it has already failed.
- The replacement, Casablanca Finance City, requires genuine Moroccan substance. It is not a drop-in substitute for an offshore wrapper.