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.
Article by CHUO ANGABUA JUNIOR
‘’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’’
TO TALK WITH A SPECIALIST