ESSENTIAL REQUIREMENTS FOR THE REGISTRATION OF COMPANIES IN CAMEROON

ESSENTIAL REQUIREMENTS FOR THE REGISTRATION OF COMPANIES IN CAMEROON

Essential requirements for registration of a Private Company in Cameroon;

• • A name ending with the words private limited Company or the letters Ltd,

• • One or more shares with restricted rights of transfer,

• • One or more shareholders with unlimited or limited liability,

• • One or more directors of whom at least one must be ordinarily resident in Cameroon,

• • Memorandum of Association and Articles of Association. A Memorandum of Association is compulsory while a company can opt not to have an Articles of Association.

Essential requirements for registration of a Public Company are the following;

• • A name ending with the words public limited Company or Letters plc,

• • One or more shares all of which must be fully transferable,

• • Shareholders whose liability is limited to the amount, if any, unpaid on the shares respectively held by each,

• • One or more directors,

• • A Company secretary.

• Memorandum of Association and Articles of Association. A Memorandum of Association is compulsory while a company can opt not to have an Articles of Association.