Morocco

0 Employees

THIRD-PARTY REVENUES

$1,763

RELATED-PARTY REVENUES

$0

TOTAL REVENUES

$1,763

PROFIT BEFORE TAX

$(8,669,769)

TAX PAID

$0

TAX ACCRUED

$0

TANGIBLE ASSETS

$0

STATED CAPITAL

$0

ACCUMULATED EARNINGS

$0

Main Business Activities

  • Upstream 

Shell Exploration Et Production du Maroc GmbH (SEPM) operating through a local is a non-operating partner in the Tanfit exploration licence (Shell interest 37.5%). The exploration activities are in the Atlas mountains region. So far, no production is taking place and no profits from upstream operations are generated by Shell in Morocco.

Country Financial Analysis

The statutory corporate income tax rate in Morocco is 10-37%, depending on type of activity and level of income.

Shell in Morocco paid no taxes for the year 2019 due to a loss position.

Branch
A branch is an office or business presence in a location other than where the corporate entity is established.
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