Morocco has completed ratifying the Cabo Verde-Morocco Income Tax Treaty (2023) on 20 February 2025. Morocco officially published in its Official Gazette the royal decree enacting Law No. 33-23, which ratifies the agreement On 6 March 2025.
The treaty will take effect after the ratification instruments are exchanged and will apply from 1 January of the following year.
This comes after Morocco and Cabo Verde signed nine cooperation agreements covering various sectors on 9 May 2023 in Rabat during the 2nd session of their Joint Commission.
Earlier, Morocco’s Council of Ministers approved the pending income tax treaty with Cape Verde on 18 October 2024.
Signed on 9 May 2023, this is the first between Morocco and Cabo Verde and is aimed at preventing double taxation and fiscal evasion and strengthening economic ties between two countries.
