Are there any post-incorporation requirements that need to be satisfied in Morocco? For example, registrations for tax purposes or business licences.
Yes. Several post-incorporation requirements must be satisfied, for example:
- Carrying out the publication formalities (Official Gazette and Legal Announcements Newspaper)
- Carrying out regular accounting
- Filing the annual financial statements
- Holding general meetings
- Obtaining business licences, as applicable, etc.
In this regard, we would like to mention that the required formalities for the incorporation of a company are listed in the answers to "What is the process of setting up a company in Morocco."
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If there is no requirement to have a local director or shareholder in Morocco, what is a foreigner required to do to register a company for tax purposes and other similar post-incorporation registrations?