What are the accounting requirements for a Corporation in Morocco?

A Corporation in Morocco must maintain regular accounting according to PCM, prepare certified annual financial statements, appoint a mandatory statutory auditor, and hold annual general meetings with accounts filed at the commercial court.

Is a statutory auditor mandatory for a Corporation?

Yes, a statutory auditor (CAC) is mandatory for all Corporations in Morocco, regardless of size. They certify annual accounts, verify transaction regularity, and present a report to the general meeting.

What is the Corporate Tax rate for a Corporation in Morocco?

Corporations are subject to progressive Corporate Tax: 10% up to 300,000 MAD, 20% from 300,001 to 1,000,000 MAD, and 31% above. Listed corporations may benefit from a reduced rate of 26.5%.

Back to Accounting

Specialized Accounting

Corporation (SA) Accounting

Bookkeeping and support tailored to Corporation requirements. Coordination with statutory auditor and corporate secretariat.

300,000 MAD

Minimum capital

3 to 12 members

Board of Directors

5 minimum

Shareholders

Yes

Auditor mandatory

Corporation Accounting Requirements

Certified accounting

Rigorous bookkeeping according to PCM with mandatory certification by a statutory auditor.

JournalGeneral ledgerTrial balanceInventory bookAuditor certification

Annual financial statements

Complete preparation of financial statements with detailed notes.

Detailed balance sheetIncome statementCash flowFinancing tableComplete notes

Statutory auditor

Mandatory appointment of a statutory auditor to certify accounts.

Accounts certificationSpecial reportLegal verificationsRepresentation letter

Meetings & legal filings

Organization of general meetings and mandatory filings at the registry.

Annual AGMEGM if modificationsRegistry filingBOPI publication

Statutory Auditor (CAC)

A statutory auditor is mandatory for all Corporations in Morocco. We ensure liaison and preparation of documents required for their mission.

Auditor's Mission

• Annual accounts certification
• General report to AGM
• Special reports (related-party transactions)
• Management report verification

Our Support

• Audit file preparation
• Responding to auditor requests
• Calendar coordination
• Recommendations follow-up

Corporation Taxation

Corporate Tax (IS)

0 - 300,000 MAD10%

300,001 - 1,000,000 MAD20%

> 1,000,000 MAD31%

Listed corporation26.5%

Minimum contribution: 0.50% of revenue excl. tax (minimum 3,000 MAD)

Withholding Taxes

Dividends (individuals)15%

Dividends (legal entities)Exempt *

Directors' fees30%

* Subject to conditions (holding > 5%)

Our Services for Your Corporation

Full bookkeeping

Analytical and general accounting adapted to Corporations

Auditor liaison

Preparation and coordination with statutory auditor

Management reporting

Dashboards and periodic reports for the Board

Corporate secretariat

Meeting minutes, management reports, legal filings

Corporation Tax Calendar

Deadline	Requirement
Every 20th	Monthly VAT return
End of quarter	Corporate tax installment (Mar 31, Jun 30, Sep 30, Dec 31)
January 31	Business tax
March 31	Corporate tax package
Before June 30	AGM + Auditor report + Registry filing
15 days after AGM	Publication of decisions in BOPI

Frequently Asked Questions

Entrust your Corporation accounting to experts

Complete support: bookkeeping, auditor liaison, corporate secretariat.

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