Can I read Law 69-21: Payment Terms Overview on EtoBox?
Law 69-21: Payment Terms Overview by ScribdTranslations is a document available to read on EtoBox.
What is Law 69-21: Payment Terms Overview about?
Law No. 69-21 establishes payment deadlines for merchants and public institutions in Morocco, setting standard terms of 60 days and maximum terms of 120 or 180 days in special cases. It mandates quarterly and annual declarations for entities with revenues exceeding 2 million dirhams, along with penalties for late payments and failure to declare. The law is effective in phases based on annual turnover, starting from July 2023 for larger businesses and extending to January 2025 for smaller entities.
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