BUSINESS

Writing By Hanane Belaskri

Doing business
Ease in morocco
of Doing
19.12.2021 | Bh Adviser | Morocco
2022
Business in
Bh adviser accountingMorocco 2022
firm || Morocco

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 Website : https://bhadviser.org Phone : (+212) 661-468014 Email : Contact@bhadviser.ma

Since 2004, BH ADVISER has assisted our Clients with registering their commercial enterprise in Morocco :

 Our offerings encompass

 Morocco enterprise registration offerings
 Government licensing services
 company bank account starting services in Morocco and overseas
 employee recruitment and Moroccan paintings visa services and Morocco workplace apartment answers.

Compare
various Quick Free zone Holding Representative Branch
LLC setup PLC
Moroccan solutions company company office office
entities

Also known as SARL SARL Free zone SA Liaison Branch office Succursale
company Office

Best use of All products/ Close client Manuf/ Offshore To get pub. Marketing/ Specific
company? svcs deal now export investment funding research projects
trading holding

How soon to 2 months 6 weeks 2 months 2 months 2 months Cannot trade 2 months
invoice Clients?

How soon can 3 months 8 weeks 3 months 3 months 3 months 3 months 3 months
you hire staff?

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 Compare Quick
various LLC setup Free zone Holding PLC Representative Branch
Moroccan company company office office
entities solutions

How soon can

you sign a lease Immediately Immediately Immediately Immediately Immediately Immediately Immediately
agreement?

How long to
supply 2 months 6 weeks 2 months 2 months 2 months 2 months 2 months
corporate bank
a/c?

How long to
supply co.
reg/tax 2 months 4 weeks 2 months 2 months 2 months 2 months 2 months
numbers?

Corporate tax
rate on annual 10% to 31% 10% to 31% 20% US$500 10% to 31% Can not trade 10% to 31%
business
profits?

Limited liability Yes Yes Yes Yes Yes No No

entity?

Govt grants yes yes yes yes yes No yes

available?

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 Compare Quick
various Free zone Holding Representative Branch
Moroccan LLC setup company company PLC office office
solutions
entities

Res.
director/partner/ No No Yes No No Yes Yes
legal rep.
required?

Min. paid-up
share capital? 1 1 1 1 30,000 None None
(USD)

Corporate bank Attijariwafa Banque Societe Societe Credit

account Bank Populaire of BMCE Bank Generale Generale CIH Bank Agricole
location? Morocco

Can secure Yes Yes Yes Yes Yes No Yes

trade finance?

VAT payable on
sales to local 20% 20% Up to 20% None 20% No sales allowed 20%
customers?

Average total Inquire a Inquire a

business set up US$ 1.500 proposal US$ 1.500 proposal US$ 3.000 US$ 1.500 US$ 1.500
costs?

Average total
engagement 2 months 2 months 2 months 2 months 2 months 2 months 2 months
period?

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 Accounting and tax Quick Free zone Holding Representative Branch
LLC setup PLC
considerations solutions company company office office

10% 10%
Corporate tax rate on to 10% to 31% 10% to 31% US$500 to Can not trade 10% to
annual company profits? 31% 31% 31%

Legally exempt from tax

if correctly structured? No No No No No Can not trade No

Tax incentives for group Yes Yes Yes Yes Yes No Yes
HQs ?

Need to file an annual tax Yes Yes Yes Yes Yes Yes Yes
return?

Does it need to file

annual financial Yes Yes Yes Yes Yes Yes Yes
statements?

Should it appoint an No No No No No No No
auditor?

Access to double taxation

agreements? Yes Yes Yes Yes Yes No Yes

WH tax on payments to
foreign s/holders? 15% 15% 15% No 15% No 15%

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 Company Quick Free Holding Representative Branch
Registration LLC setup zone company PLC office office
solutions company

Director of
cabinet/partner/legal No No Yes No No Yes Yes
representative
required?

Minimum number of 1 2 2 2 5 Parent company Parent

shareholders/partners? company

Minimum number of 1 1 1 1 3 1 1
directors/managers?

Minimum share capital

paid up by law? US$1 US$1 US$1 US$1 US$30,000 None None

Is it time to form a 2
new entity? 2months 4 weeks 2 months 2 months 2 months 2 months months

Can it be easily
converted into a PLC? Yes Yes Yes Yes N/A No No

Can have preferred

shareholders/partners? Yes Yes Yes Yes Yes No No

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 Company Quick Free Holding Representative Branch
Registration LLC setup zone company PLC office office
solutions
Quick company
Free
Business LLC setup zone Holding PLC Representative Branch
Considerations solutions company company office office

Good entity for trademark Yes Yes Yes Yes Yes Yes No
registration?

Can obtain an import and Yes Yes Yes No Yes No Yes

export licence?

Minimum number of
directors/managers? 1 1 1 1 3 1 1

Sponsorship by a local citizen

required? No

Our client has to go to

Morocco? No

Backup companies available? No

Are temporary physical office Yes

solutions available?

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 Business Quick Free Holding Representative Branch
LLC setup zone PLC
Considerations solutions company company office office
Do you need a local resident
as a bank signatory? No

Can it be wholly owned by

foreigners? Yes

The entity will probably be Regional

Investment
regulated by ? Center

Monthly VAT return to the Yes

government ?

Public register of shareholders Yes

and directors ?

Government approval is Yes

required for foreign owners?

Signing an office lease during

incorporation? Yes

Owner/administrator
documents Yes
certified/translated?

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 Quick Free
Business LLC setup zone Holding PLC Representative Branch
Considerations solutions company company office office
Can they bid for government yes
contracts?

Does the foreign director

need a personal tax No
identification number?

Does a non-resident foreign

director need a residence No
visa?

Maximum number of
employees allowed? No maximum number for any entity

Ratio of expatriate to local

staff? None

Residence visa for the Yes

business owner?

Banking issues Further useful information

Multi-currency bank accounts available ? No What will my customer's sales invoice include? Click
link

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 Corporate visa debit cards available? Yes
Banking issues Further
Has useful
Morocco signedinformation
any free trade agreements? Yes

Quality of the online banking platform?

TE A COMPANY IN MOROCCO IN 15 DAYS?
Low
Free Quotation Morocco is a member of WIPO/TRIPS? Yes

Is participatory financing available in this country? Yes

Is Morocco a member of ICSID ? Yes

Average tariffs incurred? 17%

Government approval of foreign investment is Yes

required?

Maximum participation of foreigners? 100%

Average monthly office rent ? (USD/m²) 14

BH ADVISER
Legal minimum monthly salary? US$310

Average wage in US$ for qualified local staff? 2,270

BH ADVISER - Accounting | Management | Consulting | Leader In
Global Business Expansion

Is the security deposit retained by the No

government?

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 Further
Interest useful
rate information
on USD deposits ? (1 year average) 2.25%

Currency control of remittances abroad? Yes

Register A Company In Morocco As Foreigner

 Advantages and disadvantages of Morocco 

 Best uses for a Moroccan company 

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CONTACT US Create company

in morocco in 15 days
For More Information On Company Registration Services In Morocco, Feel Free Read more
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