How much is the Corporate Tax in Morocco?
If you intend to purchase a number of Moroccan properties it may well be worth considering establishing a Moroccan Private Limited Company (SARL) which can take just 3 weeks. The SARL is an intermediate type between associations of persons and of capital, bearing resemblance to both partnerships and share companies. It is always a trading company, regardless of its corporate name and its minimum equity capital is 100,000dh. It may be formed by two or more members who are only liable to the amount of their share of the equity capital in the company. Unlike a general partnership, members of a private limited company do not need to be registered merchants. The private limited company must file a memorandum of association as part of its incorporation process. The capital stock has to be fully described and paid up as the company is formed. Stocks shall have the same face value and are not negotiable; they may be transferred only through contracts. “Parts Sociales” may be transferred to thi