Good news: there is no imposed minimum capital. The capital of an LLC is freely set by the partners in the articles of association, and it is divided into shares of equal nominal value (art. 46).
What really matters is how it is paid in (that is, how the contributions are actually transferred):
- The shares must be fully subscribed by the partners (art. 51).
- Contributions in kind must be paid in full from the outset (art. 51).
- Cash contributions (money) must be paid in for at least one quarter of their amount, with the remainder payable in one or more installments by decision of the manager, within a maximum period of five years from registration (art. 51).
Be careful: as long as the capital is not fully paid in, you cannot subscribe new cash shares, on pain of nullity (art. 51).
One final practical point: if the capital set exceeds one hundred thousand dirhams, the funds must be deposited within eight days of their receipt into a blocked bank account (art. 51). You will be able to withdraw them once the company is registered in the commercial register, upon presentation of the corresponding certificate (art. 52).
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.
+−Can I set up my LLC on my own as a sole partner in Morocco?
Yes: an LLC may be formed by a single person known as the "sole partner" who exercises all the powers of the partners (art. 44), except that a single-partner LLC cannot be held by another single-partner LLC (art. 49).
+−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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