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Cameroon - DOING BUSINESS


Local business incentives


The Cameroonian government implemented a tax and a legal incentive regime to encourage exports.
Tax advantages consist of a company tax exemption for 10 years and then the application of a 15% fixed rate and other incentives. Advantages granted to the industries of this zone are customs advantages (the zone is exempted from customs taxes and taxes).


Legal forms of companies


Form Number of partners/shareholders Minimum and/or maximum capital Liability Registration fee Release of financial documents
Private Limited Company   Minimum 2 partners.   FCA 1 million divided into shares   Liability is limited to the amount contributed.      
Public Limited Company   Minimum 7 shareholders.   FCA 10 million divided into shares   Liability is limited to the amount contributed.      




Foreign exchange control


Free conversion of the CFA Franc into French Franc is carried out as well as the right to transfer capital and profits, with no limitation.


 


FDI inflows in Cameroon




FDI inflows (millions US$) 2000 2001 2002 World rank
Foreign Direct Investments (F.D.I.) 0   0   0   185 / 196
Sources : UNCTAD Database FDI/TNC


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Last modified in December 2003
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