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Legal form:

LLC, LLP, Inc.


6 weeks

Price: $


Payment methods:

payment methods.webp


Document checklist:

Local legal address (Handled by B2B Hub) 

2.Proof of Residence 


Organization name






Open website
UK comapny formation (1).webp



Official languages

ISO 4217


French and English

24.7 million

Central African CFA Franc



Q: What are the different types of companies that can be formed in Cameroon?

A: In Cameroon, companies can be formed as sole proprietorships, partnerships, limited liability companies, and public limited companies.

Q: What is the minimum number of shareholders required to form a company in Cameroon?

A: For a limited liability company, a minimum of two shareholders is required.

Q: What is the minimum capital required to form a company in Cameroon?

A: The minimum capital required for a limited liability company is XAF 1,000,000.

Q: What is the process for registering a company in Cameroon?

A: The process for registering a company in Cameroon involves reserving a company name, obtaining a business license, registering with the tax authorities, obtaining a tax identification number, and registering with the Commercial Registry.

Q: How long does it take to register a company in Cameroon?

A: The process of registering a company in Cameroon typically takes 2-4 weeks.

Q: Can foreign nationals own 100% of a company in Cameroon?

A: Yes, foreign nationals can own 100% of a company in Cameroon.

Q: What taxes are levied on companies in Cameroon?

A: Companies in Cameroon are subject to corporate income tax, value-added tax, and other taxes such as withholding tax and stamp duty.

Q: Are there any incentives for foreign investors in Cameroon?

A: Yes, Cameroon offers a range of investment incentives such as tax holidays, reduced tax rates, and exemption from customs duties on certain imported goods.

Q: Is it necessary to have a local partner to form a company in Cameroon?

A: No, it is not necessary to have a local partner to form a company in Cameroon.

Q: What are the accounting and auditing requirements for companies in Cameroon?

A: Companies in Cameroon are required to maintain proper accounting records and prepare annual financial statements. Auditing is mandatory for limited liability companies and public limited companies.


Cameroon has a mixed economy, with both private and public sectors playing a role in the country's economic development. According to the World Bank, Cameroon's GDP in 2019 was estimated to be $41.7 billion, with a growth rate of 3.2%. The country's main exports are crude oil, lumber, cocoa, aluminum, and coffee. The main imports are machinery, electrical equipment, and food products. The unemployment rate in Cameroon is estimated to be around 8.2%, while the inflation rate is estimated to be around 3.2%. The country's main trading partners are China, France, and Nigeria. Cameroon has a large informal sector, which accounts for around 40% of the country's GDP. The government has implemented several reforms to improve the business environment and attract foreign investment.


Cameroon is a country located in Central Africa with a tax system that is regulated by the General Tax Code. The tax system is divided into two main categories: personal income tax and corporate income tax.

Personal income tax is levied on all individuals who earn income in Cameroon, whether they are residents or non-residents. The tax rate is progressive, ranging from 10% to 35%, depending on the income level. The first XAF 2 million of annual income is exempt from taxation, and there are various deductions and credits available to reduce the tax liability.

Corporate income tax is levied on all businesses operating in Cameroon. The standard corporate tax rate is 30% on the net taxable income. However, there are various tax incentives available for certain industries and activities, such as those related to research and development, job creation, and investments in certain regions of the country.

In addition to federal taxes, there are also other taxes levied on businesses operating in Cameroon, such as the value-added tax (VAT), which is currently 19.25%, and various excise taxes on certain products.

The tax year in Cameroon runs from January 1st to December 31st. The deadline for filing personal income tax returns and paying any outstanding tax is usually March 15th of the following year, while the deadline for filing corporate tax returns and paying any outstanding tax is generally March 31st of the following year.

Payments can be made online or in person at designated banks. Penalties for late payment or non-payment of taxes can range from fines to imprisonment, depending on the severity of the offense. Additionally, interest may be charged on any outstanding tax liability.

Overall, taxation in Cameroon is relatively complex, with a moderate tax burden compared to other countries in the region. It is important for taxpayers to consult with local tax advisors or government authorities to ensure compliance with the relevant tax regulations.

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