Moroccan company for sale (4 years, with bank account)

[donald1234]

Hi guys,
I own a moroccan company since 2020. Legit, with one employee (can be fired if needed but it adds substance ).
With moroccan bank account.
Has anyone interest to buy it? It's currently maintained in casablanca in a domiciliation company.

 

[daniels27]

What have you used it for? Is it tax-free for 2020 to 2024 and then taxes apply?

 

[donald1234]

it has been used for so called 'offshore' activities, meaning services given to other country (call center in this case).
It was still tax free this year and i think it remains 1.5 years.

 

[daniels27]

Are there any tax incentives or anything for offshore activities?

 

[donald1234]

beside the 0% corporate tax, there is a 15% tax on dividend and there was some incentive for the employee (meaning nearly no cost for company beside the basic wage) but this is over (was only during 3 years).

The most interesting here is to be able to get a company with lower taxes and substance for a low price (as wages are really low)

 

[daniels27]

Ok, but is 0% tax possible somehow? Maybe by adding a US LLC and never remitting the money into the coutry?

 

[donald1234]

I can't tell you this, i am afraid.

 

[LukeD]

Hello, The company in question has the Balance Sheet, Income Statement, and Income Statement for the last 4 years?

 

[donald1234]

Well, it was maintained correctly with accountance and annual report, so everything should indeed be available.

 

[daniels27]

But why but such company if you can just open a new one and then get 4 additional years tax free?

 

[donald1234]

Maybe someone needs an 'history' so his company looks legit?

 

[LukeD]

I'm looking for a company that is already established and has a history. If I needed to a new one it would be already done.

 

[donald1234]

If you are interested just send me an offer.
Knowing i just began the dissolution process.

 

[offshorecarbone]

people never buy any company from morocco. It's a s**t hole. The tax gov is even worst. Coming from someone who did long time business there. If you don't know the right sketchy people you are a cooked chicken inside the "tajine"

 

[Debrog]

@donald1234 is it still available ?

 

[donald1234]

@donald1234 is it still available ?

It has been closed, sorry.

 

[donald1234]

people never buy any company from morocco. It's a s**t hole. The tax gov is even worst. Coming from someone who did long time business there. If you don't know the right sketchy people you are a cooked chicken inside the "tajine"

never had any trouble. Maybe it depend on the activity and if you have substance or not.

 

[Debrog]

It has been closed, sorry.

No problem. Was it incorporated in a free zone ? If yes, which one please.