Starting a company in Morocco as a Turkish citizen is absolutely possible and strategically rewarding. Morocco offers an investor-friendly legal framework, no nationality restrictions for most sectors, and various tax incentives. As a Turkish entrepreneur, you can establish a limited liability company (SARL), open a branch, or partner via a joint venture. Thanks to the Free Trade Agreement between Morocco and Turkey, you can also benefit from preferential trade terms.

Why Morocco is Ideal for Turkish Entrepreneurs

Morocco’s strategic position at the crossroads of Europe, Africa, and the Middle East—combined with its stable government and pro-business reforms—makes it a gateway for Turkish companies looking to expand their footprint internationally.

Key Benefits:

No restriction on foreign ownership (except in a few sectors like agriculture and fishing)
Tax incentives for new companies and exporters
Double taxation treaty between Morocco and Turkey
FTA access to EU, US, and Africa
Affordable labor with skilled professionals educated in Europe

Steps to Start a Business in Morocco as a Turkish Citizen

1. Choose Your Business Structure

The most common legal entities:

SARL (Société à Responsabilité Limitée) – equivalent to an LLC
SA (Société Anonyme) – ideal for large-scale operations
Branch of a Turkish company – easier compliance but no legal independence

2. Reserve Your Company Name

Obtain the “Certificat Négatif” from the Moroccan Office of Industrial and Commercial Property (OMPIC).

3. Draft Your Articles of Association

Prepare and notarize the company statutes (statuts), including:

Company name
Shareholder details
Capital amount
Business purpose

Minimum capital for SARL: 10,000 MAD (~900 EUR)
Deposit into a Moroccan bank account and get a certificate of deposit

5. Register with the Moroccan Tax Authority

You will obtain:

ICE (Identifiant Commun de l’Entreprise)
Tax identification number (IF)
VAT number (if applicable)

6. Register with the Commercial Court

File all documents with the Tribunal de Commerce to receive:

Company registration number (RC)
Official Gazette announcement

Mandatory if you plan to hire employees.

Recommended Sectors for Turkish Investors

Automotive & Aerospace

Morocco is Africa’s leading car exporter and offers logistics zones in Tangier and Kenitra.

Agribusiness

Turkey’s agri-tech can easily align with Morocco’s olive, citrus, and spice industries.

Textile & Fashion

Leverage Morocco’s low-cost labor and access to EU markets for textile production.

Renewable Energy

With state-backed solar and wind projects, this sector is ideal for joint ventures.

E-Commerce & Digital Services

Rising internet penetration and mobile usage have created a booming digital market.

Tax Incentives for Foreign Companies

15% Corporate Tax for businesses with turnover <3M MAD (~275,000 EUR)
0% Corporate Tax for first 5 years in export businesses
No restrictions on profit repatriation
VAT exemptions on exports and certain services

Legal and Administrative Notes

Moroccan bureaucracy can be time-consuming. Expect to deal with multiple agencies and documentation requirements.
Consider hiring a local accountant or business consultant for smoother navigation.
You may open a business without needing to reside in Morocco, but if you plan to stay long-term, you will need a residence permit tied to your company.

Turkish-Moroccan Bilateral Relations

Thanks to strong bilateral trade relations and Turkey’s positive brand image in Morocco, Turkish investors enjoy trust and smoother market entry, especially in sectors like textiles, construction, and retail.

Alternative Market Entry Options

Employer of Record (EOR) or PEO – Start hiring without opening a legal entity.
Joint Venture with Moroccan Company – Share local expertise.
Franchise or Distributor Partnership – Especially viable in retail or food sectors.

FAQs

Can a Turkish citizen fully own a company in Morocco?

Yes. You can own 100% of the shares unless you’re operating in restricted sectors like agriculture or fisheries.

Do I need a Moroccan partner?

No. It’s not mandatory, but a local partner can help navigate administrative processes.

Is it easy to get a business visa?

Yes, with a well-prepared business plan and company registration documents, a long-term visa or residence permit is possible.

What taxes will my company pay?

Corporate Tax: 15% to 30% based on turnover
VAT: 20% standard (exemptions apply)
Payroll Taxes: ~21–26% employer share

How long does registration take?

Usually 3 to 7 days, depending on document preparation and sector.

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