Morocco
Corporate Guide

Is there a requirement to declare beneficial ownership in Morocco?

Decree No 2.21.708 of 21 September 2021 related to the setting up of a public register of beneficial owners of companies and legal entities incorporated in Morocco was published on 23 September 2021. The companies affected by this declaration are: 

• Companies registered in Morocco.
• Foreign companies carrying out commercial activities in Moroccan territory.
• Legal entities established outside the national territory, and which have carried out one or more financial or real estate operations or any form of service provision in Morocco, or which have directors residing in Morocco.