https://www.upsilon-consulting.com/wp-content/uploads/2021/11/Screen-Shot-2021-11-01-at-18.19.59-e1635787444792.png9201270Sami Essaadihttps://www.upsilon-consulting.com/wp-content/uploads/2023/12/logo-upsilon-3-300x138.png.webpSami Essaadi2021-12-09 10:06:372022-02-02 17:58:26Risk mapping: what you need to know
The principle of continuity is one of the fundamental accounting principles of Moroccan accounting. Indeed, the General Code of Accounting Standards (CGNC) states that, to establish its financial statements, the company must ensure that it is…
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General Code of Accounting Standards (CGNC – Code Général de Normalisation Comptable) has force of law in Morocco. Indeed, its application is mandatory by virtue of the Dahir of December 25th , 1992 on the accounting law (loi n° 9-88).
The…
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Value Added Tax (VAT) is a consumption tax applied to the purchase of goods or services. Consumers are subject to VAT which is applied ad valorem to the purchase price. It does not apply to corporate income like the CIT.
It follows a fragmented…
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The transfer of shares means, for a partner, the sale of his ownership in a company. Indeed, at the establishment a company, share capital is divided between the founding partners according to the amount of their contributions. As such, each…
https://www.upsilon-consulting.com/wp-content/uploads/2021/02/contrat_embauche_emploi.jpg320550Sami Essaadihttps://www.upsilon-consulting.com/wp-content/uploads/2023/12/logo-upsilon-3-300x138.png.webpSami Essaadi2021-09-20 13:29:592022-02-02 17:51:53Transfer of Shares in a PLC vs in an LLC
Before covering registered offices relocation in Morocco, we should define the term "registered office" (also "headquarters") under the provisions of the Moroccan Law.
In Morocco, the registered office (headquarters) is the fiscal and administrative…
First, note that tax residence (fiscal address) is a very important notion. Indeed, it allows to determine where and what income is taxable. Indeed, a person pays taxes on their income in their place of residence. Obviously, some exceptions…
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What are the CIT territoriality guidelines ?
The territoriality of CIT refers to the rules that apply to determine whether a company is subject to Corporate Income Tax based on its geographical location.
In a previous article, we explained…
In Morocco, converting an LLC to a PLC is an operation that can only be decided by the company's partners. Indeed, the partners of a Limited Liability Company can decide to transform it into another form, in particular into a Public Limited…
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Why you should invest in Morocco :
Morocco is an increasingly attractive country for foreign investment.
For decades, the government has given importance to foreign investment. Foreign investments are considered as a factor to support…
https://www.upsilon-consulting.com/wp-content/uploads/2020/11/stock-1863880_1920.jpg12801920Sami Essaadihttps://www.upsilon-consulting.com/wp-content/uploads/2023/12/logo-upsilon-3-300x138.png.webpSami Essaadi2021-09-08 13:44:452022-02-02 17:49:29Invest in Morocco – Tax and legal framework
