Contribution auditor casablanca

The missions of the contributions auditor in Casablanca, Morocco are very diverse and their main purpose is to issue an assessment report on contributions in kind or particular benefits.

The main missions carried out by our firm as part of the contributions auditor missions in Casablanca are as follows:

• Establishment of a certificate on the amount of the open account of the shareholders as part of a capital increase by offsetting a liquid and payable debt held by a partner on the company
• Preparation of a contribution auditor’s report in the context of the contribution to a holding company of securities of companies owned by a person
• Preparation of a contribution auditor’s report in the context of the contribution of real estate to a company in return for securities issued

The establishment of the certificate of the shareholders open account amount in the context of a capital increase by compensation with a liquid and payable debt held by a partner on the company is a mission devolved to chartered accountants in Morocco by article 77 of the law on SARL which specifies that in the context of a capital increase by compensation with debts of the company, the manager must draw up an account statement which must be certified by an auditor.
As a contribution auditor in Casablanca, we carry out all the necessary procedures allowing us to verify that the sums subject to compensation are real and their amount is exact.

As part of the contribution of company shares to a holding company, our firm carries out all the necessary due diligence to assess the value given to the shares contributed to the holding company.
This operation presents several advantages for the company such as:

• Tax deferment of capital gains
• Exemption from registration fees
• Grouping of all shares in a single company
• Possibility of allocating dividends from subsidiaries to other subsidiaries without being taxed
• Possibility of establishing consolidated accounts in order to have a global vision of the results of all companies
• Better distribution of administration and management costs by centralizing these costs at the holding company level and re-invoicing them to the subsidiaries according to correctly defined distribution keys

Concerning the mission of contributions audit in Casablanca on real estate contributed to a company, our intervention consists of the assessment of the value given to this real estate contributed to the company.
The valuation of real estate is generally carried out by real estate expert firms and our work consists of assessing the valuation presented and the valuation methods used.
This type of operation has the following advantages:

• A tax deferral on the capital gain
• An exemption of the operation from registration fees
• Centralization of real estate in a single company
• A more advantageous rental income tax regime than when the property is held by an individual
• Greater fundraising opportunities