Casablanca – Moroccan legaltech startup Charikaty has closed a pre-seed round at a €3 million (MAD 32.6 million) valuation, bringing together investors from across the Gulf as it expands beyond company creation and builds services around the wider lifecycle of a business.
The round includes Dubai-based Red Tape Ventures, Faris Al-Obaid, Vice President and General Manager of Mastercard Kuwait, and Faris Abdi, a Saudi professional footballer at Al-Ittihad, alongside other undisclosed investors.
The fundraising marks a new stage for co-founders Amr Mouaqit, CEO, and Driss Sijelmassi, COO. Mouaqit said that Charikaty’s work in company creation gave it a clear view of what entrepreneurs need next.
“Company creation gave us a very clear place to start, but it also gave us a front-row view of what entrepreneurs need next. The ambition now is larger than the incorporation itself. We want to build around the lifecycle of the company.”
Charikaty will use the capital to launch two ventures, expand its accounting and compliance offering, and take its accounting business beyond Morocco into Egypt and the GCC.
Building beyond company creation
Charikaty initially focused on incorporation, which the founders describe as one of the earliest and most administrative stages of entrepreneurship. But once a company legally exists, its needs change as it begins operating and growing.
The platform lets entrepreneurs incorporate a SARL, SARL AU, SAS, or foreign subsidiary fully online, with a legalized electronic signature and a fixed price disclosed upfront.
The filing process can take as little as three days. Its dedicated diaspora channel serves Moroccans in more than 100 countries, allowing founders abroad to incorporate without a flight, proxy, or consular appointment.
Charikaty also covers statutory modifications, domiciliation, accounting packs, trademark filing and dissolution. A client portal gives founders real-time tracking of their dossiers and keeps official documents in one place, with a named jurist on every file.
The broader strategy comes as Morocco moves further toward digital company creation. More than 50,300 companies have been created electronically since the rollout of the country’s electronic company-creation system, according to the Ministry of Industry and Commerce. Electronic creation accounted for 44% of total company creations in 2026.
The company sees a similar shift taking place across MENA in accounting and tax administration. The release points to electronic invoicing mandates already in effect in Egypt and Saudi Arabia and spreading across the Gulf.
Mouaqit said every country in the region is moving its tax administration online, creating demand for software that can adapt to local rules. Charikaty sees Morocco as its proving ground before taking its accounting venture into other markets.
From incorporation to the company lifecycle
Webaty, one of the first expressions of that strategy, launched in September. The idea came from a recurring need among entrepreneurs already working with Charikaty, as establishing an online presence often follows incorporation.
Webaty does not treat website development as a standard service. It starts with the profession and the outcome the business needs from its website, drawing on Charikaty’s playbooks across more than 16 industry verticals, including e-commerce, construction, consulting, restaurants, and short-term rental.
“The starting point is the profession, but the real question is what the business needs the website to achieve. A restaurant and a consulting firm can both ask for a website, but they are not asking for the same outcome. One may need reservations, the other qualified enquiries. That difference changes what you build,” Sijelmassi said.
Webaty uses profession-specific starting points and adapts them to each company’s objectives and identity. It can deliver a first version within 72 hours once the necessary content is complete.
Sijelmassi said the speed comes from the model rather than being the objective itself. “Speed matters, but it isn’t the objective by itself. If the website looks good and goes online quickly but doesn’t help the business do what it needs to do, then we haven’t solved the problem.”
A second venture focused on accounting and compliance is expected to launch later in September. Charikaty is building it around Morocco’s accounting and tax framework and the country’s incoming electronic invoicing mandate, which will require businesses to issue and report invoices electronically to tax authorities.
The founders’ longer-term strategy goes beyond individual transactions. The pre-seed funding gives them additional capital to build around the company lifecycle, with incorporation providing access to entrepreneurs at an early stage of their businesses.
The company says many of the commercial and operational needs that follow incorporation are still underserved, making each company created on the platform a natural first client for the products that come next.
The broader question for Mouaqit and Sijelmassi is therefore no longer only whether Charikaty can create companies digitally, but whether the same technology-led approach can extend further into the lifecycle of Moroccan businesses and eventually into the wider region.
The participation of Gulf investors connects the company’s immediate Moroccan focus with the markets where its accounting venture is intended to expand.