The Tax Administration has clarified that there will be no exemptions regarding payment deadlines, emphasizing that all economic actors are obligated to comply with the law.
In an official correspondence, the administration stated that this obligation applies to individuals and freelancers, as well as all types of companies, including holding companies, regardless of their obligation to value-added tax or corporate tax.
This clarification comes amid growing inquiries about the application of Law No. 69.21 concerning payment deadlines, especially following its implementation from January 1, 2025, aimed at improving the business environment and reducing the phenomenon of delayed payments that burden companies, particularly small ones.
The law specifies payment deadlines of 60 days in the absence of an agreement between parties, and a maximum of 120 days when an agreement exists, for companies with a turnover ranging from 2 to 10 million dirhams, with an exemption for companies whose turnover does not exceed 2 million dirhams.
The administration confirmed that the concept of turnover is understood based on its commercial nature, meaning the total transactions conducted according to the company’s activity, without being tied to the accounting method used.
It stressed that the law does not differentiate between sectors or activities, meaning that all actors who meet the turnover condition are required to respect payment deadlines, under penalty of legal action, in a move aimed at enhancing transparency and protecting balances within the national economic fabric.
