Yes, you can set up an LLC entirely on your own. A limited liability company may be formed by one or more persons, and each partner bears the losses only up to the amount of their contributions (art. 44). Where there is only a single person, that person is called the "sole partner" and exercises all the powers normally vested in the meeting of partners (art. 44).
Two important limits to be aware of:
- A single-partner LLC cannot have as its sole partner another LLC that is itself made up of a single person (art. 49). In the event of a violation, any interested party may seek dissolution, but the court may grant up to six months to regularize the situation (art. 49).
- Certain activities are prohibited for the LLC form: banking, credit, investment, insurance, capitalization, and savings (art. 44).
As for the company name, you must include the wording "single-partner limited liability company" (art. 45).
In practice, the sole partner personally prepares the management report, the inventory, and the financial statements, approves the accounts within six months of the close of the financial year, and records their decisions in a register — they cannot delegate their powers (art. 76).
Autres questions posées par les lecteurs
Sous-questions regroupées par notre recherche — chacune renvoie vers sa réponse complète de niveau B/C.
+−How to Remove an LLC Manager in Morocco?
LLC managers need three-quarters partner vote to remove. Removal without just cause risks damages claims. Courts can also remove for legitimate cause.
+−What's the minimum capital for an LLC in Morocco?
The law imposes no minimum capital for an LLC: it is freely set in the articles of association (art. 46). Cash contributions are paid in for at least one quarter, the balance within five years, and above 100,000 dirhams the funds go into a blocked account (art. 51).
+−How to Transfer LLC Shares in Morocco?
LLC share transfers in Morocco require majority partner consent (75% of shares). Notify partners; consent is deemed granted after 30 days of silence. Partners can match your price or refuse.
Ceci est une information juridique générale, et non un conseil juridique. Pour un conseil adapté à votre situation, consultez un avocat inscrit au barreau au Maroc.
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