The reference chartered accountant for foreign companies setting up in Morocco
Are you running a foreign company and considering setting up in Morocco? Whether you want to create a subsidiary, open a branch, establish a shared services centre or develop an offshoring activity, cabinet DECIMAL is your reference partner to secure and optimise your setup in the Kingdom. Registered with the Ordre des Experts-Comptables du Maroc and member of the Morison Global network, DECIMAL combines international standards with the responsiveness of a boutique firm.
With 13 years of practice in France including at PwC and 12 years in Morocco, Adil Charradi brings 25 years of combined expertise, Adil Charradi and his team master both the logic of international groups and local operational realities. Moreover, DECIMAL actively manages a portfolio of subsidiaries and branches of foreign groups — concrete, proven, hands-on expertise.
Why set up your foreign company in Morocco?
First and foremost, Morocco is the leading foreign investment destination in North Africa, combining macroeconomic stability, a qualified and multilingual workforce, and a regulatory framework fully open to foreign capital. Furthermore, Casablanca is just 2 hours from Paris, in the same time zone as Western Europe (GMT+1), enabling real-time collaboration with European headquarters.
with no mandatory local partner
signed by Morocco
for export services companies
on dividends since 2026
In addition, Casablanca Finance City (CFC) positions Morocco as Africa’s reference financial hub. Industrial Acceleration Zones (ZAI) offer significant tax advantages for industrial activities. And since 2025, the DirectEntrepreneur platform has digitalised registration procedures at the CRI.
A legal framework favourable to foreign investors
→ See our complete guide: setting up a company in Morocco in 2026
Why choose DECIMAL as your chartered accountant for your foreign company in Morocco?
In reality, setting up in Morocco cannot be improvised. You need a firm that understands both the logic of international groups and Moroccan operational realities. That is exactly what DECIMAL offers.
Years of expertise in Morocco
In-depth knowledge of administrations, banks and local practices — essential to anticipate obstacles and accelerate procedures.
Years of practice in France
Adil Charradi trained at PwC France for 13 years. He knows the standards of international groups, speaks your language and understands your reporting and governance requirements.
Morison Global worldwide network
Present in 120+ countries. Local correspondents available for cross-border formalities (apostilles, certifications, multi-country due diligence).
Active portfolio of foreign subsidiaries
DECIMAL manages day-to-day subsidiaries and branches of foreign groups in Morocco — concrete, real-world expertise.
Fully digital service
Client platform connect.decimal.ma, video calls, online reports. Organisation designed for headquarters based abroad.
Registered with OEC Morocco
Certified qualification, professional ethics and professional liability insurance. Verify on oecmaroc.com →
Our services for foreign companies setting up in Morocco
Services for your foreign company in Morocco — Setup and ongoing support
- Legal structuring: advice on the choice of structure (LLC/SA/SAS subsidiary, branch, liaison office) based on your objectives, sector and tax strategy
- Company formation: trade name reservation, bespoke articles of association, shareholders’ agreement, legalisations/apostilles, registration at the CRI Casablanca
- Tax and social registrations: DGI, CNSS, AMO, business tax, legal publications in the Official Gazette and JAL
- Bookkeeping and group reporting: Moroccan GAAP, IFRS, French GAAP, US GAAP — liaison with group auditors during annual reviews
- Tax filings: corporate tax, VAT, income tax, business tax, minimum contribution — DGI e-filings
- International taxation: application of bilateral tax treaties, tax structure optimisation, transfer pricing management
- Office des Changes: declaration of foreign investment to secure future dividend repatriation rights
- Audit and statutory audit: legal or contractual, due diligence prior to acquisition
- Payroll and HR: payslips, CNSS/AMO, Moroccan labour law, expatriate management
In particular, you may also find useful: → Our services dedicated to offshoring in Morocco — 2026 tax benefits
→ Everything you need to know about VAT in Morocco in 2026
Foreign company in Morocco: subsidiary, branch or liaison office?
Indeed, the choice of setup structure is the first strategic decision. It determines the taxation, liability and governance of your presence in Morocco.
| Structure | Legal personality | Liability | Taxation | Best for |
|---|---|---|---|---|
| Subsidiary (LLC / SA / SAS) | ✅ Independent entity | Limited to capital contributions | Moroccan corporate tax on local profits | Long-term presence, strong commercial footprint |
| Branch | ❌ Extension of parent company | Unlimited (parent company) | Corporate tax on profits attributable to Morocco | Market testing, temporary contracts |
| Liaison office | ❌ Extension of parent company | Unlimited (parent company) | No corporate tax (non-commercial activity) | Prospecting, representation, market research |
→ Complete guide: the LLC in Morocco in 2026
International taxation for foreign companies in Morocco
Thus, Morocco has signed over 60 bilateral tax treaties with its main economic partners — France, Belgium, Spain, Germany, Italy, Switzerland, the Netherlands, USA, Canada, UAE, Saudi Arabia, China… These treaties reduce double taxation and optimise financial flows between the Moroccan subsidiary and the parent company.
- Dividends: withholding tax at 10% since 1 January 2026 — further reduced under the applicable bilateral tax treaty between Morocco and your country
- Office des Changes: mandatory declaration of the foreign investment to secure future repatriation of profits — a formality that DECIMAL systematically handles from day one
- Offshoring: full corporate tax exemption for 5 years for export services companies + capped income tax for staff in P2I zones
- Casablanca Finance City (CFC): preferential corporate tax rate for regional holdings and financial services companies
- Industrial Acceleration Zones: 5-year corporate tax exemption for industrial and technology activities
- Transfer pricing: documentation required to justify intra-group transactions with the Moroccan tax authorities
Our step-by-step onboarding process
Strategic scoping (1–2 days)
Analysis of your project, sector and objectives. Recommendation on the legal structure, location and optimal tax regime. Delivery of a clear and actionable summary memo.
Incorporation and registration (2–4 weeks)
Trade name reservation, bespoke articles of association, legalisations and apostilles, filing at the CRI Casablanca, tax and social registrations, legal publications. Entirely manageable remotely via notarised power of attorney.
Bank account opening
KYC file preparation, coordination with your chosen bank, management of physical presence requirements or proxy as needed.
Office des Changes declaration
Declaration of the foreign investment to secure future rights to repatriate dividends and disposal proceeds. A formality often overlooked — DECIMAL handles it systematically from the outset.
Accounting setup and group reporting
Chart of accounts configuration, data transmission workflow setup, group reporting implementation according to your standards (IFRS, French GAAP, US GAAP).
Ongoing support
Bookkeeping, monthly/quarterly/annual tax filings, payroll, permanent tax advisory, audit if required. A dedicated, responsive senior contact who knows your file and your group teams.
What our clients say
« The team is very professional. We were able to set up our LLC with their support at every step. Thank you. »
« I highly recommend this very professional firm. »
« I recommend this firm — a very professional team. »
FAQ — Foreign company in Morocco: your questions answered
Can a foreign group own 100% of a Moroccan company?
Yes. Moroccan law imposes no obligation of local partnership. A foreign group can hold the entire capital of a Moroccan LLC, SA or SAS, regardless of nationality, in the vast majority of business sectors. Moroccan law makes no distinction between domestic and foreign investors.
Do I need to travel to Morocco to set up a subsidiary or branch?
No. DECIMAL handles all formalities remotely through a notarised power of attorney legalised or apostilled in your country. The only usual constraint is the bank account opening — which we can manage via a qualified proxy depending on the bank chosen.
What is the difference between a subsidiary and a branch in Morocco?
A subsidiary is an independent legal entity — it isolates risk from the parent company and benefits from all local tax advantages. A branch is an extension of the foreign company without separate legal personality — the parent is liable for its obligations. In most cases, we recommend the subsidiary for a long-term presence.
How do I repatriate dividends from my Moroccan subsidiary?
Consequently, repatriation is free and guaranteed provided the initial investment was declared to the Office des Changes in convertible foreign currency. The withholding tax is 10% since 2026 — reduced under applicable bilateral tax treaties. DECIMAL handles the Office des Changes declaration from the outset to secure your future rights.
Can DECIMAL manage the group reporting of our Moroccan subsidiary?
Yes, indeed. DECIMAL produces reporting adapted to group standards (IFRS, French GAAP, US GAAP) and liaises with group auditors during annual reviews. We are accustomed to working with finance teams based in Paris, Brussels, Dubai or Montreal.
What is the practical advantage of Morison Global membership?
Morison Global is the 8th largest worldwide network of chartered accountancy and audit firms, present in 120+ countries. Through this network, DECIMAL can mobilise local correspondents in your home country for cross-border formalities (apostilles, certifications, due diligence) and coordinate multi-country engagements.
Why choose DECIMAL over a large international firm?
In conclusion, DECIMAL offers the best of both worlds: the standards of an international network (Morison Global, 8th largest worldwide) with the responsiveness of a boutique firm. A dedicated senior contact — not a junior who changes every 6 months. And concrete, proven experience setting up foreign groups in Morocco.
Our experts will be happy to help you
Discuss your Morocco setup project with Adil Charradi — first meeting free and without commitment. Response within 24 hours.