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10 steps to follow when Incorporating a Company in Cameroon

10 steps to follow when Incorporating a Company in Cameroon

  • 10 steps to follow when Incorporating a Company in Cameroon

Thanks to our Cameroon business incorporation and registration services, our client will not have to travel to start his company in Cameroon. Our Firm will indeed complete all procedures on his behalf. The engagement is usually completed following the below steps:

Steps

      1. Before Prime-Time Law offices start to incorporate our client’s company in Cameroon, our Firm requests that he or she:
      2. Settles our fees requested to project-manage the engagement 
      3. Signs and returns our engagement letter and 
      4. Provides us scans of all the documents required for our due diligence checks;
      5. Our project manager then drafts a detailed project plan for Cameroon company formation and corporate bank account opening services in Cameroon. This document will map out each step towards engagement completion;
      6. Prime Time Law office prepares and sends our Client the Articles of Association together with the shareholder’s and directors consent forms for the Client’s signature before a notary public and subsequently couriered back to Healy Consultants’ head office;
      7. Our team, also made up of a notary public, will conduct a company name search with the Companies Registry to determine the uniqueness of the proposed company;
      8. Prime Time law office assists our client to open a business bank account in Cameroon with a leading bank and deposit the required company initial share capital;
      9. After agreeing with the Client on the optimal corporate structure for the proposed Cameroon company, Prime Time Law offices will prepare and file the required incorporation documents with the Trade and Personal Property Credit Register and legally register the company;
      10. Following the successful incorporation of the company, Prime Time law offices then publish the notice of incorporation of the company in Cameroon’s legal newspaper, the Cameroun Tribute
      11.  Prime Time Law office will then declare the company’s existence and register wit

      1. the Cameroon Tax Administration and obtain a tax identification number (TIN) 

      1.  National Social Insurance Fund CNPS;

      1. If required, Prime Time Law offices will assist our Client to:

      1. secure business premises in Cameroon and 

      1. assist with the recruitment of local staff;

      1. Sequel to the successful incorporation of the Cameroon company, the Prime-Time Law office will courier, to our client’s preferred international address, the complete company kit including 

      1. original corporate documents 

      1. an unopened bank correspondence and  

    1. Client engagement feedback survey to assess the quality of our Cameroon company formation services.
     

     

    Article by CHUO ANGABUA JUNIOR

     PRIME-TIME LAW OFFICES

    ‘’The content of this article is intended to provide a general guide to the subject matter. We insist specialist advice be sought depending on your specific circumstance’’

     

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