Moroccan taxation
Professional IR
Income tax for individuals carrying out a professional activity: your seller profit is taxed based on actual or simplified net income.
Professional IR refers to the income tax applied to individuals who carry out a professional activity in their own name, without creating a company. Unlike the auto-entrepreneur status, this regime imposes no turnover ceiling: the tax is calculated on your profit, under the actual or simplified net income regime.
Example: your Wasal store exceeds MAD 500,000 in annual turnover. You can no longer remain an auto-entrepreneur and switch to professional IR: you declare your income each year before the end of March, and you become liable for VAT (TVA) on your commercial activities beyond this threshold.
This regime requires more rigorous accounting: the support of a chartered accountant is strongly recommended, especially if your activity grows.