More than 74,000 companies created in Morocco in 2016

A total of 74,807 companies were created in Morocco in 2016, of which 34,911 39,896 legal entities and private companies.

According to a report by the Moroccan Industrial and Commercial Property Office (Ompic), legal persons ' registered an increase of 8.3% from 2015 (36,825), while private companies increased from 32,677 34,911 in 2016 with an increase to of 7%.

The increase concerned various sectors, including trade, construction and real estate, industry, transport, catering, ICT, agriculture and finance, reports Medias24.

In addition, increased applications for the registration of a trademark by 7% to 12,847 in 2016, compared to 11,974 in 2015.

Applications for the registration of trademarks of Moroccan origin amounted to 56% of all brands in 2016, an increase of 17%.The number of patent applications reached in 1021 1240 against 2015, an increase of 21%.