At least five shareholders
An SA has at least five shareholders; their losses are limited to their contributions.
SET UP AN SA IN MOROCCOMake room
Make room
for your biggest projects.
Shareholders, governance, capital: build the foundations of an ambitious company and prepare for your next decisions.
Informed choices. A prepared file. A team by your side.
Ambition reaches new heights
THINK BIG, BUILD THE RIGHT STRUCTUREStructured governance. An ambitious project.
A defined capital framework
The minimum is 300 000 DH, or 3 million DH in the case of a public offering.
Organised oversight
A SA provides for the appointment of one or more statutory auditors.
YOUR PROJECT, STEP BY STEPA clear direction.
A clear direction.
A clearer path.
A substantial project, several shareholders and governance designed to support your path.
STEP 01Align the shareholders
Your project, its financing and the capital allocation are our starting point.
Prepare this step with youYOUR NEXT STEPGreat stories
Great stories
start here.
Tell us about your SA project. A few details are enough to start the first conversation.
YOUR REQUESTYour SA, with governance to match the project.Support that starts with you.
THE QUESTIONS THAT MATTERSA.
SA.
Let's get practical.
Initial guidance to move your choice forward.
Another question?Does a SA have to be listed on the stock exchange?
No. An SA can be set up without making a public offering.
Which governance structure should I choose?
An SA may be organized with a board of directors, or with a management board and a supervisory board.
When should we start preparing the file?
As soon as the shareholders and the main financing arrangements become clearer. The form helps us frame the next decisions together.
View official guidance
The rules and documents depend on your situation. These sources provide further detail on the guidance presented.
EVERY PROJECT HAS ITS STRUCTUREStill unsure?
Single-member limited liability companySet up an SARL AU 
Simplified joint-stock companySet up a SAS