Cameroon
Corporate Guide

How much does it cost to incorporate a company in Cameroon?

Through the CFCE, it costs around XAF 55,000, without fiscal stamps and some miscellaneous fees, to incorporate a company:

• XAF 41,500 for the Trade and Personal Property Rights Register; and
• XAF 13,175 for the publication in an official journal.

Through a public notary, the average amount is under XAF 500 000. Generally, the pricing is influenced by the legal notice journal used for the announcement and the share capital amount.

N.B: XAF 1 is about USD 0.0016. 

Sometimes, a director can also be an employee based on Article 426 AUSGIE, which states that: “Unless otherwise provided for in the articles of association, a worker of a company may be appointed director where his contract of employment corresponds to an effective job. Likewise, a director may conclude a contract of employment with the company where such contract corresponds to an effective job.”

Therefore, a bank identification certificate and employment contract may be needed to obtain a work permit and to facilitate the payment of the director’s salary.