Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to US$7,500 and annual company costs in Year 2 and thereafter amount to US$0. The average total fee per Cameroon engagement amounts to US$15,425, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.
| Different Cameroon entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$15,425 | View invoice PDF |
| PLC | US$16,625 | View invoice PDF |
| Branch of a foreign company | US$16,025 | View invoice PDF |
| Representative office | US$13,675 | View invoice PDF |
| Fast nominee LLC | US$25,550 | View invoice PDF |
Click here to create your own Cameroon invoice
Timelines
The average Cameroon company registration period is 15 weeks as outlined below:
| Service | LLC | PLC | Branch | Rep office |
|---|---|---|---|---|
| Engagement planning | 2 weeks | 1 week | 1 week | 1 week |
| Company incorporation period | 5 weeks | 6 weeks | 5 weeks | 5 weeks |
| Bank account approval | 4 weeks | 4 weeks | 4 weeks | 4 weeks |
| Corporate internet banking approval | 3 weeks | 2 weeks | 2 weeks | 2 weeks |
| Incorporation completion | 1 week | 1 week | 1 week | 1 week |
| Total engagement period | 15 weeks | 14 weeks | 13 weeks | 13 weeks |
