Fees and timelines in 2022

Fees

payment by instalmentIncorporation 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

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 account 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 bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Cameroon, please contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal
government of Cameroon community economic and monetary affairs of central africa - CEMAC cameroon investment promotion agency - CIPA