Morocco
Corporate Guide

Is there a requirement for a company to appoint an auditor in Morocco?

Regarding companies governed by Law No 5-96, the appointment of an auditor is not mandatory except when the companies concerned have an annual turnover exceeding MAD 50 million (around USD 5 million) excluding tax. For a simple joined stock company, the appointment of an auditor is optional and mandatory when the turnover at the end of the financial year exceeds an amount that would be set by decree.

For joint stock companies and partnerships limited by shares, the appointment of an auditor is mandatory in all cases. The auditor is appointed by the articles of association.