Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Morocco. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income.
No. | Procedure | Time to Complete | Associated Costs |
---|---|---|---|
1 | Obtain a "Certificat Négatif" online, which registers the company name at the Regional Investment Center (CRI, Centre Regional d’Investissement) | 1 day | MAD 230 (MAD 210 + MAD 20 droits de timbres) |
2 | Deposit paid-in capital in a bank and obtain a bank receipt (attestation de dépot) | 1 day | no charge |
3 | Pay stamp duty at Mayor’s office (Commune) | 1 day | DH 20/page + DH10 |
4 | File documents with CRI to register with the Ministry of Finance for patent tax, with the Tribunal of Commerce, and for social security and taxation | 7 days | 1% of capital (at least DH1,000) + DH200 (registration fee) + DH 350 (registration at commercial registry) + DH 150 publication fee (DH 8-9/ line in business paper, DH4/ line bulletin officiel). |
5 | File a declaration with the economic office of the Préfecture (Service Economique de la Commune) | 1 day | no charge |
6 | Make a company stamp | 1 day | MAD 200 |