How To Register A Business In Cameroon

Fees and timelines in 2022

Fees

Incorporation costs in Year 1 amount to US$vii,500 and annual company costs in Twelvemonth ii and thereafter amount to US$0. The boilerplate total fee per Cameroon engagement amounts to U.s.$fifteen,425, which includes company incorporation and opening a local corporate banking concern account and all government fees. Refer to draft invoice embedded hither.

Different Cameroon entity types	Toll	Draft invoice
Taxation resident LLC	U.s.a.$xv,425	View invoice PDF
PLC	U.s.$16,625	View invoice PDF
Branch of a strange company	Us$16,025	View invoice PDF
Representative office	US$13,675	View invoice PDF
Fast nominee LLC	US$25,150	View invoice PDF

Click hither to create your ain Republic of cameroon invoice

Select the services you require and go the total fees at finish of this table:

Select	Service	Fee (US$)	Frequency
	LLC Company incorporation (without travel)	7,500	One time
	Cameroon corporate bank account opening (without travel)	3,950	Once
	Visitor secretary services	1,100	Annually
	Resident director services	6,600	Annually
	Nominee shareholder and managing director services	6,600	Annually
	Nominee shareholder services	2,100	Annually
	Employment visa for 1st employee	two,950	Once
	Year end bookkeeping and tax fees	ii,300	Annually
	Monthly accounting service (estimate)	860	Monthly
	Offshore corporate bank account opening	4,950	One time
	Corporate merchant account approval	four,450	1 time
	Corporate brokerage account approval	2,950	Once
	Detect local function premises for your staff	950	One fourth dimension
	Business website edifice	2,500	In one case
	Phone answering service	900	Annually
	Role post service	900	Annually
	Fax forwarding service	600	Annually
	Business organization stationery design with logo	950	One time
	Monthly payroll for staff	550	I fourth dimension
	Staff recruitment	seven,950	1 time
	Trademark registration	four,950	One time
	Notice an flat for your staff	iv,950	One time
	Observe corporate finance	v,000	Servant fee
	Full fees (US$)	0

Timelines

The average Cameroon visitor registration period is xv weeks every bit outlined below:

Service	LLC	PLC	Co-operative	Rep office
Engagement planning	2 weeks	1 week	1 week	i week
Company incorporation catamenia	5 weeks	half-dozen weeks	5 weeks	5 weeks
Depository financial institution business relationship approval	iv weeks	4 weeks	4 weeks	4 weeks
Corporate internet banking approval	three weeks	2 weeks	2 weeks	ii weeks
Incorporation completion	i week	1 week	one calendar week	1 week
Total appointment menses	15 weeks	fourteen weeks	13 weeks	13 weeks

cameroon business registration engagement period timeline

Preparing a detailed project plan;
Our Client confirms the corporate structure;
Collecting due diligence from our Client.

Our Client signs the corporate bank business relationship opening forms;
Healy Consultants prepares a business plan;
Healy Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and approve the banking application;
The Bank Front Office email corporate banking company business relationship numbers to our client.

The Banking concern Operations Section mails the internet username and passwords to our Client;
Some of our Clients' request Healy Consultants to activate the cyberspace banking on their behalf.

Healy Consultants confirms all Customer due diligence is received;
Healy Consultants couriers to our Client the complete original company and bank account documents;
Our Customer completes our web folio feedback survey;

cameroon tourism government of Cameroon community economic and monetary affairs of central africa - CEMAC cameroon investment promotion agency - CIPA cameroon ministry of trade