Morocco

We assist global clients looking to do business in Morocco with the A to Z of business setup without the need for the client to travel to Morocco for the set up . Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Morocco include i) the limited liability company (société à responsabilité limitée SARL) and ii) the branch office iii) Joint stock company PLC:Public limited company (société anonyme SA). The SA company set up is usually for large corporations because of the complexities involved in its operations since it is for large commercial use hence the most common corporate structure is SARL. See detailed comparison below.

Advantages and disadvantages of setting up business in Morocco:

  • A stable political environment and progressive government policies.
  • Highly skilled workforce. Morocco is a growing market with a young and educated workforce that have the skills favorable for running a company.
  • An extensive range of free trade agreements. Morocco has signed a bilateral investment agreement with over 50 countries, protecting foreign investors from these countries against the risks of nationalization and expropriation, therefore, investors having the opportunity to establish their business, and receive their profits freely.
  • A competitive cost of living and affordable labor.
  • Morocco is strategically located for business with access to emerging markets in Africa, Asia, and the Middle East.
  • Investment Incentives. In morocco there are Corporate tax benefits and No foreign exchange controls allowing free repatriation of profits and capital.
  • Morocco has a growing consumer market. Since it a progressive market it has an urbanization trend and growth of middle class population thus a good consumer market.
  • A wide range of tourism and real estate potential. Morocco is a continuous growing country that allows for large development and wide range of business development.
  • Morocco has established several economic free zones offering tax breaks, subsidies, and other incentives for foreign investors, alongside a dedicated Investment Commission to facilitate business operations.
  • Inefficient government bureaucracy.
  • Corruption;
  • The slow pace of regulatory reform remain challenges.
  • The government of Morocco lacks an investment screening process for critical industries such as telecommunications, critical minerals and rare earths, and renewable energy.
  • It is purely Islamic;
  • Connections are vital.

Important links:

Company incorporation steps in Morocco:

  1. Name Reservation: Girimba Consulting reserves a unique company name through filling the requisite application document at the Company Online Registry.
  2. Documents Preparation: Our Team prepares the incorporation documents and emails them to our Client for signatures and email return;
  3. Certificate of Incorporation: Our dedicated Team submits an application for company registration with the Companies and Business Registration office and obtain a certificate of incorporation;
  4. Personal Tax Number: If the director is a foreign national, our team submits an application for a personal tax number with the Morocco Revenue Authority if necessary.
  5. Corporate Tax number: Our Team shall make the applications to the Morocco Revenue Authority to obtain Corporate Tax Identification Number (TIN).
  6. Other Registrations: If the Client intends to hire local staff, our Team registers the company with i) Moroccan Retirement Fund (Caisse Marocaine de Retraite – CMR) and ii) PAYE (Pay as You Earn) Scheme;
  7. VAT Registration: If our Client expects to make taxable income exceeding (US$387,000) within the calendar year, our Tax Agent proceeds to register the company for VAT (Value Added Tax);
  8. Bank Account Opening: Girimba Consulting also assists our Client to open a local corporate bank account with a top tier bank in Morocco.

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.