Are there any post-incorporation requirements that need to be satisfied in Cameroon? For example, registrations for tax purposes or business licences.
When the company is incorporated, a taxpayer registration number should be obtained through the national tax office’s internet platform, Fiscalis.
Article 6 of Decree No. 93/720/PM provides that commercial activities must be declared, and a professional card issued prior to the commencement of activities. In cases of wholly foreign-owned companies, authorisation to carry out commercial activities in Cameroon should be sought from the Ministry of Commerce.
In addition, activities such as logging, energy, oil and gas, commercial transportation, and liquor store operations are subject to prior licensing.
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If there is no requirement to have a local director or shareholder in Cameroon, what is a foreigner required to do to register a company for tax purposes and other similar post-incorporation registrations?