The audit and accounting professions and the relevant professional bodies are regulated by Law No. 15-89 on public accountants (expert comptable) and Law No. 127-12 on chartered accountants (comptable agréé). At least 75% of the shares or corporate rights of audit and accounting firms must be held by members of the relevant professional body. To become a member of the professional body, the candidate must be a Moroccan national. In the case of public accountants (expert comptable), the candidate may also be a national of a State with which Morocco has signed an agreement authorising nationals of the two countries to exercise the profession in each other's territories.
"Article 1
The [public accountant (expert comptable)] is the one whose usual profession is to review, estimate and organize the accounts of establishments and bodies with which he is not bound by a work contract. He alone has the capacity to:
- Proof of correctness and truthfulness of budgets, results accounts, and accounting and financial statements;
- Delivery of any type of certificate that includes expressing his opinion on one or several accounts for various establishments and bodies;
- Performing the duties of corporate account auditor.
He may also:
- evaluating the in-kind shares offered as a contribution to companies;
- analysis and organization of accounting systems;
- Opening, maintaining, evaluating, centralizing, tracking and accounting accounts;
- Expressing advice and opinion and carrying out work of a legal, tax, economic, financial and regulatory nature related to the activities of establishments and bodies.
[...]
Article 3
No one may exercise the profession of [public accountant (expert comptable)] whatever the form in which he exercises it, or hold the title of [public accountant (expert comptable)], unless he is registered with the Order of Chartered Accountants established under Title II of this law.
[...]
Article 7
[Public accountants (experts comptables)]  may form partnerships for the exercise of their profession on condition that all partners are members of the Order of [Public Accountants (experts comptables)].
Article 8
[Public accountants (experts comptables)] are also allowed to establish, for the exercise of their profession, joint stock companies and limited liability companies under the following conditions: [...]
2.justify that at least three-quarters of their shares or their shares, as the case may be, are held by [public accountants (experts comptables)]  registered with the Order's roll, the remainder of the capital being held by persons linked to the company by an employment contract.
[...]
Article 20
No one can be registered with the Order if he does not meet the following conditions:
- be of Moroccan nationality or a national of a State which has concluded an agreement with Morocco authorizing the nationals of each State to exercise the profession of [public accountant (expert comptable)] on the territory of the other. [...]" (Law governing the profession of public accountants and instituting the Order of Public Accountants (Law No. 15-89 of 8 January 1993), Articles 1, 3, 7, 8 and 20 [google translation])
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"Article 1
A [chartered accountant (comptable agréé)] is the one whose usual profession is to keep the accounts of the contracting companies and the bodies that resort to his services and which are not related to a work contract and to compile these accounts, open them, account for them, track them and correct them.
A [chartered accountant (comptable agréé)] can also do the following:
- analysis and organization of accounting systems;
- Opening, maintaining, evaluating, centralizing, tracking and accounting accounts;
- Providing advice and carrying out work of a legal, tax, economic, financial and regulatory nature and related to the activity of companies and organizations.
[...]
Article 3
No one may hold the title of [chartered accountant (comptable agréé)] and practice the profession freely if he is not registered in the schedule of the Organization of [Chartered Accountants (comptables agréés)] established under Section Two of this Law.
[...]
Article 7
[Chartered accountants (comptables agréés)] may establish companies of persons to practice their profession, provided that all participants in them are members of the professional organization of [chartered accountants (comptables agréés)].
Article 8
[Chartered accountants (comptables agréés)] may establish, in order to practice their profession, companies by shares or limited liability companies, provided that: [...]
2. That at least three-quarters of its shares or shares, as the case may be, are owned by [chartered accountants (comptables agréés)] registered in the list of the professional organization of [chartered accountants (comptables agréés)];
[...]
Article 20
No person may be registered in the organization's list unless he fulfills the following conditions:
- to be Moroccan; [...]" (Royal Decree No. 1.15.111 of 4 August 2015 implementing Law No. 127.12 regulating the profession of chartered accountant and the creation of the Professional Organization for Chartered Accountants (OG No. 6388 of 20 August 2015), Articles 1, 3, 7, 8 and 20 [google translation])
Law governing the accounting profession and instituting the College of Accountants (Law No. 15-89 of 8 January 1993), Articles 1, 3, 7, 8 and 20
Royal Decree No. 1.15.111 of 4 August 2015 implementing Law No. 127.12 regulating the profession of chartered accountant and the creation of the Professional Organization for Chartered Accountants (OG No. 6388 of 20 August 2015), Articles 1, 3, 7, 8 and 20
[<a href="https://adala.justice.gov.ma/production/html/ar/62483.htm">Law No. 15-89</a>],[<a href="https://adala.justice.gov.ma/production/html/ar/190359.htm">Law No. 127.12</a>]