Single-member SARL accounting in Morocco: accounts and the sole shareholder’s decision

A one-member company keeps SARL accounts, while approval becomes a written, non-delegable decision of the sole shareholder.

By BelloCommerce

·

September 1, 2026

One shareholder makes discussion shorter, not evidence optional. The single-member SARL remains a legal person with its own accounts, assets, liabilities and decisions. Even where the same person is shareholder and manager, operating activity, closing and formal approval must stay separate.

Moroccan sole shareholder reviewing her company’s accounts.

What changes—and what does not

Journal, ledger, inventory and statements: the SARL base remains.
Company assets and banking remain separate.
The manager prepares report, inventory and statements.
The sole shareholder approves within six months.
That power cannot be delegated.
The decision is entered in a register.
Approved statements are filed within 30 days.

1. Keep the company’s accounts, not the owner’s wallet

Sales belong to the SARL AU and its expenditure needs a business basis. A capital contribution, shareholder-current-account advance, remuneration and expense reimbursement are not four labels for the same withdrawal.

Movement	Question before entry
Personal payment	is this a supported company expense?
Owner funds paid in	capital, current account or another documented event?
Withdrawal	remuneration, reimbursement, distribution or debt?
Asset purchase	who owns and uses it?
Sale	are invoice, delivery and payment in the company’s name?

One bank card or till pocket quickly muddies balances. Validate classification before posting.

2. Prepare a complete closing pack

The manager establishes the management report, inventory and financial statements. The company applies the CGNC and the model for which it qualifies, regardless of shareholder count.

Close journals and reconcile the bank.
Count and value stock.
Control assets and depreciation.
Confirm receivables, liabilities and shareholder accounts.
Post and evidence cut-off entries.
Finalise statements, result and proposed allocation.
Date the pack given to the sole shareholder.

Conditional access to the simplified model is not improvised cash accounting and does not turn the company into a sole trader.

3. Make the sole-shareholder decision

Article 76 of Law 5-96 replaces the multi-partner meeting with a personal decision: the sole shareholder approves the accounts, after any statutory auditor’s report, within six months after closing.

Power: the sole shareholder cannot delegate approval
Record: the decision made in place of the meeting is entered in a register
Content: approved accounts, result, allocation and useful resolutions
Consistency: dates and amounts match the statements actually finalised

There is no need to manufacture an invitation to oneself. There is a need for an accurate, dated and retained decision.

The same name does not merge two estates

Signing as manager, deciding as shareholder and paying as an individual are different capacities. An undocumented mix can distort accounts, tax and third-party understanding.

4. File and archive distinct packs

Approved statements are filed with the court registry within 30 days after approval, with the statutory auditor’s report where applicable. OMPIC centralises transmitted documents in the Central Commercial Register.

Pack	Distinct content
Accounting	trial balance, ledger, inventory, evidence
Company	sole-shareholder decision and allocation
Registry	approved statements and required attachments
Tax	return and schedules under the CGI
Internal	reconciliations, approvals and backups

Retain each receipt with the exact filed version, not only an ‘uploaded’ status.

5. Create internal challenge deliberately

A one-person company naturally lacks a second internal view. Build one through controls: the professional requests evidence, the shareholder reviews assumptions and the decision records choices.

Separate user rights when an employee takes payments.
Require evidence for every cash payout.
Compare margin, stock and cash monthly.
Confirm shareholder-account balances.
Export data before changing systems.

BelloPOS can restrict rights and trace recorded operations. It cannot approve accounts for the shareholder or maintain the legal decision register.

BelloPOS

All the features

Mistakes to avoid

Using the company account as a wallet.
Omitting the management report.
Having the accountant approve.
Backdating the decision.
Filing a different version.
Keeping only the final PDF.

Frequently asked questions

Does a single-member SARL keep fewer books?

Not because it has one shareholder. It remains subject to company accounting duties and the model applying to its situation.

Who prepares the accounts?

The manager establishes the management report, inventory and statements, with chosen professional assistance.

Who approves them?

The sole shareholder personally approves within six months after closing; the law says this power cannot be delegated.

Is a general meeting required?

Multi-partner meeting rules do not apply. The sole shareholder’s decision made in its place is recorded in a register.

Can BelloPOS produce that decision?

No. It may provide operating inputs; the legal decision concerns final accounts and follows law and the articles.

What to take away

A sound single-member SARL does not imitate a fictional meeting: it separates assets, closes provable accounts and records a timely non-delegable decision matching the statements filed.