The modern form, built to scale.
SAS combines the simplicity of an SME with the flexibility of a large structure. No minimum capital, free governance, and the form expected by investors and institutional partners.
- Custom bylaws drafted by a legal expert
- Shareholders agreement included in the Pro pack
- Compatible with fundraising and stock options
SAS or SARL?
If you plan to welcome investors, recruit with stock options, or structure multiple co-founders: SAS is built for you.
SARL
Simple structure, governance framed by law. Ideal for stable operational activity.
- Minimum capital 1 MAD (free since 2019)
- 1 to 50 partners
- Share transfer governed by law
- Fixed governance (manager)
- Ideal for stable operational activity
SASRecommended
Statutory freedom, custom governance. The form expected by investors.
- No minimum capital
- 1 shareholder is enough (SASU possible)
- Free and fast share transfer
- 100% custom governance (President, Directors)
- Compatible with stock options and shareholders agreement
SAS at a glance.
- Minimum capital
- None. 1 MAD is legally enough
- Number of shareholders
- 1 minimum, no maximum
- Liability
- Limited to contributions
- Director
- President and General Directors freely defined
- Taxation
- Corporate Tax (IS), progressive rate from 17.5% to 34% based on profit
- Process
- 100% online, remote electronic signature
- Average timeline
- 5 business days after signature
Built for the builders.
Modern SMEs, startup founders, professionals structuring an ambitious project: SAS provides the legal framework to grow with confidence.
Adapt the bylaws to your operating model, without imposed legal rigidity.
The form expected by regional and international VCs to invest.
Grant shares to your employees and strategic collaborators.
We explain it.
What is the concrete difference between SAS and SARL?
SAS offers near-total statutory freedom: you write the governance rules in the bylaws. SARL is framed by law, more rigid but also simpler. For those targeting a fundraise or a flexible structure, SAS is the right choice.
Can I create a SAS alone (SASU)?
Yes. A single-shareholder SAS (SASU) is entirely possible and constitutes an excellent alternative to self-employment if you want legal protection and to prepare a future fundraise.
How much does creating a SAS really cost?
Our 9,890 MAD incl. VAT package includes: custom bylaws drafting, OMPIC filing, RC registration, legal publication, business tax certificate, and tax ID. No hidden fees.
Can I convert my SARL into a SAS later?
Yes, but it's expensive and time-consuming (around 15,000 MAD and 3 months). If a fundraise or flexibility is in your 18-month roadmap, start directly with SAS.
Your SAS, signed and filed in 5 days.
Our legal team drafts your bylaws, handles OMPIC, RC, legal publication, and tax. You stay focused on your business.
* Indicative timing. Delays may occur after the official filing with the authorities, beyond our control.