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Cameroon offers numerous opportunities for entrepreneurs, but starting a business requires more than just a solid business plan. Legal compliance is a foundational step that can protect your investment and ensure smooth operations.
Decide whether you want to operate as a sole proprietorship, partnership, or limited liability company. Each structure has different legal implications for taxation and liability.
You must register your business with the Trade and Personal Property Credit Register (RCCM). This gives your business legal identity and allows you to open bank accounts, sign contracts, and pay taxes.
Depending on your industry, you may need additional licenses from the appropriate government ministries. Operating without proper permits can lead to fines or closure.
Documents such as partnership agreements, employee contracts, and company bylaws are crucial. A lawyer can draft and review these to protect your interests.
Cameroon’s tax system includes income tax, VAT, and other levies. Compliance from the start prevents legal issues down the road.
At Sunjo-Befeh & Partners, we guide you through each legal step so you can focus on growing your business confidently.
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