What are the annual obligations of companies in Morocco in 2026?

Article 70 of Law 5-96 requires an Ordinary General Meeting to be held within six months of the end of the financial year. The manager (gérant) prepares the management report, the inventory and the financial statements, and makes them available to the partners together with the text of the resolutions at least fifteen days before the meeting. The AGO:

• Approves the annual accounts
• Allocates the result (dividends, reserves, retained earnings [report à nouveau])
• Grants discharge (quitus) to the manager
• Renews the governing bodies where applicable and rules on regulated agreements (conventions réglementées) (Article 64)

In a SARL AU, the sole partner takes these decisions alone and records them in a register.

Article 115 of Law 17-95 also provides for an annual AGO to be held within six months of the year-end for SAs. The board of directors or the management board (directoire) draws up the accounts, prepares the management report and submits them to the AGO. The statutory auditor (commissaire aux comptes) drafts its general report and its special report on regulated agreements. In the SAS (Law 5-96 as amended and supplemented by Law 19-20), the articles of association freely set the procedures for the collective decision approving the accounts, which must take place within the same time limit.

The approved financial statements, together with the management report and, where applicable, the CAC's report, are filed with the commercial court registry within 30 days of their approval (Article 95 of Law 5-96; Article 158 of Law 17-95). This filing makes the accounts enforceable against third parties. Failure to file exposes the directors to a fine and deprives the company of a supporting document often required by banks, clients and public authorities; late filing remains possible to regularize the situation, and all the penalties for non-compliance by companies are presented in a dedicated guide. Any change during the year (change of manager, of registered office, transfer of shares) is subject to an amending entry (inscription modificative) in the Commercial Register. With Charikaty, the drafting of the deeds, the electronic signature, the filing with the registry and the legal publications are done online.

The CGI 2026 provides, for companies subject to IS (see also the tax obligations of a new company for the first year):

• An annual tax return (tax return package [liasse fiscale]) within 3 months of the year-end, filed electronically on SIMPL (Article 20)
• Four provisional instalments of 25% of the previous financial year's IS, paid before the end of each quarter (Article 170)
• Payment of the balance no later than the date of the return
• The minimum contribution of 0.25% of turnover (minimum 3,000 MAD), due even in the event of a loss, after an exemption during the first 36 months of operation (Article 144)
• The social solidarity contribution on profits (1.5% to 5% for a net profit of at least 1 million MAD), declared and paid within 3 months of the year-end (Articles 267 to 273, extended for 2026 to 2028)
• The return of remuneration paid to third parties (fees, commissions), attached to the tax return (Article 151)

As a reminder, IS is calculated at the rate of 20% where the net taxable profit is below 100 million MAD, 35% from 100 million MAD and 40% for credit institutions and insurance companies (Article 19): these rates and the special regimes are detailed in the guide to IS rates in Morocco in 2026.

The company files its VAT returns monthly if its taxable turnover for the previous year reaches 1 million MAD, and quarterly below this threshold and for new taxpayers (Article 108), in accordance with Articles 87 to 125 of the CGI. Filing and payment take place before the end of the month following the period. Electronic filing and online payment via the DGI's SIMPL platform are mandatory.

The employer withholds IR at source on salaries according to the scale in Article 73 of the CGI, pays it over monthly and files with the DGI, before 1 March of each year, the annual return of wages and salaries (Article 79), which summarizes the remuneration of all employees and directors.

The company's affiliation with the CNSS is obtained at the time of formation; from the first hire, the company declares its employees, then files each month, via the DAMANCOM portal, the salary declaration and pays the contributions due, in accordance with the employer's CNSS obligations. In 2026, contributions amount to 27.83% in total, of which 21.09% for the employer share and 6.74% for the employee share.

Affiliation with the CNSS arises from Dahir No. 1-72-184 of 27 July 1972 on the social security scheme; AMO is governed by Law 65-00.

AMO (mandatory health insurance) contributions and the vocational training tax are included in the contribution rates and collected by the CNSS together with the other contributions. Each hire and each departure must be reported to the CNSS (registration of the employee, declaration of arrival and departure).

The employer also complies, throughout the year, with the Labour Code: staff register, occupational medicine, statutory working time, paid leave, SMIG (minimum wage) and internal regulations (règlement intérieur). These rules, together with the details of the CNSS and AMO contribution rates, are presented in the overview of legal obligations after formation.

Law 9-88 on the accounting obligations of traders requires the keeping of the general journal, the general ledger and the inventory book (at least once per financial year); since the 2026 Finance Law, accounts are kept in electronic format and the company must be able to produce an accounting entries file compliant with CNC Opinion No. 24. These rules are detailed in the accounting obligations of companies in Morocco.

At the end of the financial year, the company prepares its financial statements: balance sheet, income statement (compte de produits et charges), statement of management balances (état des soldes de gestion), financing table and statement of additional information (état des informations complémentaires, ETIC). A simplified model is allowed where turnover does not exceed 10 million MAD.

Article 22 of Law 9-88 and Article 211 of the CGI require accounting books and documents to be retained for 10 years.

The statutory auditor is always mandatory in an SA (Law 17-95). In a SARL, it is mandatory where turnover excluding taxes exceeds 50 million MAD (Article 80 of Law 5-96); in an SAS, above the legal thresholds or if the articles of association so provide. The cases where the statutory auditor is mandatory and its appointment are detailed in a dedicated guide.