Morocco is one of Africa’s most promising destinations for foreign investment. With its strategic location, modern infrastructure, and business-friendly regulations, starting a company here is easier than you might think.

Step 1: Choose Your Business Structure

Most foreign investors opt for a SARL (Limited Liability Company) or SA (Joint Stock Company). SARL is ideal for small to medium-sized businesses and requires only two shareholders.

Step 2: Reserve Your Company Name

Register your business name with the Regional Investment Center (CRI). You’ll receive a certificate of name reservation required for incorporation.

Step 3: Open a Moroccan Bank Account

You’ll need a local bank account to deposit your capital. SARL has no minimum requirement, but 10,000 MAD is typical. SA requires 300,000 MAD.

Step 4: Draft and Legalize Company Statutes

Prepare your company’s bylaws in French or Arabic. All shareholders must sign and legalize the document at a notary or local commune.

Step 5: Tax Registration

Apply for your ICE (Tax ID), Patent Tax Certificate, and VAT registration at the Moroccan Tax Authority.

Step 6: Register with the Commercial Court

Submit your documents to the Tribunal de Commerce to obtain your company registration number and trade register entry.

Step 7: Publish Legal Notices

Publish your company formation notice in the Official Bulletin and a legal newspaper such as Le Matin.

Step 8: Register with CNSS

If you plan to hire employees, register with the National Social Security Fund (CNSS) to manage social contributions.

Step 9: Apply for Investment Incentives

Foreign investors may benefit from tax exemptions, customs relief, and land acquisition support. Apply through AMDIE.

Download Our Free Investment Guide

📥 Click here to download