ADVANTAGES OF COMPANY FORMATION IN MOROCCO

While many countries grappled with the global economic downturn in 2009, Morocco proved resilient to the crisis and expanded by more than 4%. In the same time, unemployment fell to 9.1% even as foreign demand slid and capital transfer slowed. This was largely due to strict control on currency exchange and the capital market limited interrelation with the world economy. However, there are various reasons why Macedonia is an attractive business opportunity.

  • One of the most active cities in the continent of Africa blessed with a strategic location that is well connected to three of the main European cities

  • It has a well-educated and flexible workforce

  • It boasts of a business-friendly law and regulations

  • It has a stable political environment and infrastructure that supports trade and efficient movement of goods

  • Morocco enjoys good diplomatic ties with the US

REQUIREMENT TO OPEN A COMPANY

BASIC REQUIREMENTS

  • Minimum 1 Shareholder (any nationality)
  • Minimum 1 Director (any nationality)
  • Registered Office Address
  • No minimum share capital requirement

DOCUMENTS REQUIRED

  • Complete application form (certificate négatif) available at CRI
  • Proof of payment of stamp duty
  • Notarized and Apostilled copies of Certificate of Incorporation, Memorandum & Articles of Association, details of directors and shareholders of the company
  • Copies of the Shareholders passport
  • Certificate from the bank stating the share capital has been deposited

OUR SERVICES

  • Checking for name availability and reserving the same
  • Drafting the Articles of Association / Statutes
  • Preparing the documents and registering with the Ministry of Finance for Patent tax and with the tribunal of Commerce and for social security and taxation
  • Common seal and legalising company books
  • Certificate of Incorporation
  • One year registered agent service
  • Publishing on a newspaper (as required by law)
  • Publishing on the official gazette (as required by law)
  • Delivery of documents by courier
  • Service for local registered address
  • To arrange the appointments with the Local Bank for opening of a corporate Bank Account
  • One set of certified true copies for opening of Bank Account

TIME PERIOD

It generally takes about 10 – 12 days for company formation in Morocco.
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