All the process for company creation in Morocco

1. The number of jobs to be created
Technological involvement and transfer
The amount to be invested
The location of the project
Societal impact
The ease of doing business has been made possible through government
financing programs in Morocco. Investors stand a chance to receive grants to
do business in the region including loans, financial guarantees, and taxation
benefit treatment. However, the privileges will depend on the following;
For large investors, the Public Limited Company (SA) is the
recommended option. For this one, you will be required by law
forming companies to provide;
A PLC in Morocco will demand a share capital of $30,000 which is a
mandatory requirement for 25% to paid in the Moroccan Business setup
while the remaining 75% to be paid within three years.
These are not the only business formations in Morocco, there are others but
this is the proceeds of the previous process of company formation. There is
the option of the Morocco Liaison office and the Succursale.
In the first place, you have to come up with a
unique name for the company; the name has to
be outstanding.
The outstanding name for your new company in
Morocco should not be similar to an existing
company and making sure that your preferred
name of the company is registered and booked.
You will be issued with a document to identify
your intention to utilize the name so that no one
else can use it again. That is the importance of
the name recordation and certification which is
done by the Moroccan industrial and
commercial property office.
Before the registration of the name of the
company, you will be required to present your
identification documents like the national
identity card or a passport with the fee that
applies for the process with a letter of request.
Lastly, you should also present a business plan.
To complete your company registration, you will
now be prompted to visit the Moroccan Tax
department commonly known as the Regional
Taxes Directorate not later than a month after
presenting the company details to the registrar
of companies.
It is common because of both international
investors and local entrepreneurs for both small
and medium enterprises in Morocco.
As stated in the Companies Act of Morocco, you
can establish it by listing a minimum of two (2)
shareholders and one (1) director.
The requirement for listing shareholders is
limited to either a foreign national or a local and
it can be a natural individual or an artificial
person altogether.
Name of five (5) shareholders-Individuals or
corporate bodies
Their nationalities
Their profession
Addresses
Name of three Directors- individuals or
Companies
Morocco is one of the regions in Africa that enjoys political and economic
stability making the process of doing business easier and flexible. In the
recent past, the business class has witnessed several commercial law
amendments that have made the business environment friendlier and simple.
The most commonly used vehicle to carry out business in Morocco is the
limited liability company (SARL). This is for the small-medium enterprises but
for the investors willing and able to start larger business empires, the Public
limited liability company (SA) is available in Morocco.
HOW SIMPLE
IS IT TO FORM
A COMPANY
IN Morocco
HOW SIMPLE
IS IT TO FORM
A COMPANY
IN Morocco
Thank You For Reading How To Form A Company In Morocco. For More Information
On FORMING A COMPANY IN MOROCCO, Contact Us Today.
contact@aizenconsulting.com
+212 661335633