What share capital should I choose for my business in Morocco?
Minimum capital of an LLC?
How to fix the capital of the company?
Social capital: what interest?
The share capital represents what the partners invested when creating the company.
The share capital corresponds to the sum of the contributions paid by the founders and made available to the company.
Share capital gives an overview of the wealth of the company at the time of its creation.
The share capital has the advantage of distributing the powers between the partners, in other words their right to profit and to vote.
It constitutes a guarantee with the creditors of the company whose contributions which constitute it, can be seized in the event of difficulty of the company.
The share capital also constitutes the identity of the company, indeed the latter appears in its statutes as well as its administrative and commercial documents.
What capital for my company in Morocco?
Share capital is all the contributions made by the partners when creating a company. From a legal or freely determined minimum, a question arises, what amount to deposit?
In terms of capital, and when setting up a business, it is necessary to determine in advance the value of the latter as well as the contributions that constitute it.
The amount of share capital can be freely set by the shareholders, however a mandatory legal minimum may condition the creation of the company. Indeed, apart from the sole proprietorship, the most predominant forms of business are the LLC which does not involve any minimum capital and the public limited company SA which requires a minimum of 300,000 DH.
However, beyond the minimum threshold, there are certain criteria to be taken into account to determine the share capital. The most important being the company's credibility with its commercial and financial partners. Indeed, the share capital is a guarantee for third parties, and therefore too little capital will hinder the development of the company: unfavorable commercial conditions with suppliers and partners, difficulties in accessing external financing, request for additional guarantees.
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How do I make a cash contribution?
A contribution in cash is the provision of cash by a partner to constitute the capital of the company, from its creation or subsequently, on the occasion of a capital increase.
A cash contribution represents the amount of money that the partner or partners contribute to the business. Concretely, to make a cash contribution, they must pay money into the company's bank account to finance its investments.
The contribution in cash is carried out in two phases, first of all "The subscription" and then the concretization of the promise of contribution via "The release of the capital". Partners are required to release at least a quarter of their amount. For the remainder, the release must take place, on one or more occasions, by decision of the manager, and within a period which may not exceed five years (for the SARL) or 3 years (for the SA) from the registration of the company in the commercial register.