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PUBLICATION FORMALITIES FOR THE REGISTRATION OF A COMPANY IN CAMEROON

PUBLICATION FORMALITIES FOR THE REGISTRATION OF A COMPANY IN CAMEROON

PUBLICATION FORMALITIES FOR THE REGISTRATION OF A COMPANY IN CAMEROON

-COMPANY CREATION IN CAMEROON 2024

    1. Where the formalities for the formation of a company in Cameroon have been accomplished within a period of fifteen days following registration, a notice shall be inserted in a newspaper empowered to publish legal notices in the State Party of the registered office of the company.

    2. The notice, signed by the notary who received the company’s Articles of Association or by the founders) shall include the following information:

    3. The name of the company, followed by its acronym where applicable;

    4. The form of the company;

    5. The amount of registered capital;

    6. The address of the registered office;

    7. A summary of the company’s object;

    8. The duration of the company;

    9.  The number of cash contributions;

    10. A brief description and valuation of non-cash contributions,

    11.  The usual full names and addresses of the members with unlimited liability for the company debts;

    12. The full names and addresses of the first executives and the first auditors; o the references of the deposit at the court registry of the incorporation documents;

    13.  The references of the registration in the Trade and Personal Property Rights Register;

    14. Where necessary, the effective or proposed date of commencement of business.

    FOR PUBLIC LIMITED COMPANIES IN CAMEROON, THE NOTICE SHALL ALSO INCLUDE:

      Company Registration

      1. The number and face value of shares issued for cash;

      2. The number and face value of shares allotted in remuneration of each non-cash contribution;

      3. The amount of the paid-up capital, where the capital is not fully paid up;

      4.  The provisions of the Articles of Association relating to the building up of reserves and the distribution of profit and bonus after liquidation;

      5. Any special benefits provided for;

      6.  The conditions of admission to shareholders’ meetings and of the exercise of voting rights, in particular conditions relating to the granting of double voting rights;

      7. Where applicable, the existence of provisions as the case may be, the existence of provisions relating to the approval of transferees of shares and the designation of the authority empowered to rule on applications for approval.

       

      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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