1. What is the applicable legislation? There is no specific foreign direct investment (FDI) law in Morocco. Instead, provisions concerning both domestic and foreign investment in Morocco by the Investment Charter. In December 2022, the Investment Charter 2022 was repealed by the new Investment Charter issued through Framework Law 03-22 on the Investment Charter (Investment Charter 2022). Neither the old nor the new Investment Charter 2022 does not establish a comprehensive FDI review process as it exists for example in European countries. Instead, the Investment Charter 2022 provides incentives for investments in certain sectors or regions. Through the amendments introduced with the new Investment Charter 2022 the Moroccan government sought to simplify administrative procedures for investors, ease barriers for establishing and operating businesses in the country, enhance transparency and predictability of administrative procedures, and attract investment through offering a range of incentives. Incentives granted by the Investment Charter 2022 include tax advantages, subsidies, and other forms of assistance targeted at promoting investment in key sectors and regions. 2. Which government or other body (or bodies) reviews