Cameroon

Ease of Doing Business in

Cameroon

This page summarizes Doing Business 2013 data for Cameroon. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Sub-Saharan Africa
Income Category Lower middle income
Population 20,030,362
GNI Per Capita (US$) 1,210
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
161 156 down -5

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
46.2 45.8 down 0.4
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 125 123 up -2
Dealing with Construction Permits 95 92 up -3
Getting Electricity 63 61 up -2
Registering Property 158 155 up -3
Getting Credit 104 97 up -7
Protecting Investors 128 124 up -4
Paying Taxes 176 173 up -3
Trading Across Borders 157 158 up 1
Enforcing Contracts 172 175 up 3
Resolving Insolvency 150 150 No change

Economy Profile

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Doing Business law library Law Library

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Additional Data

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2013 Rank 125 DB 2012 Rank 123 Change in Rank down-2
DB 2013 DTF** (% points) 77.8 DB 2012 DTF** (% points) 76.5 Improvement in DTF** (% points) up1.3
Indicator Cameroon Sub-Saharan Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology Procedures (number)
5 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology Time (days)
15 34 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology Cost (% of income per capita)
35.8 67.3 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology Paid-in Min. Capital (% of income per capita)
168.3 116.0 13.3
No. Procedure Time to Complete Associated Costs
1 A notary public drafts certificate requesting a commercial bank to open a bank account for the new company 1 day no charge
2 Deposit the initial capital in a bank and obtain a receipt 1 day no charge
3 Have an attorney/notary or shareholders draft the memorandum and article of association; sign company bylaws before the notary 2 days 2% of the share capital up to XAF 3,000,000 and 1,5% for the capital from XAF 3,000,001 to 10,000,000 + XAF 1000 per stamp (10 stamps)
4 Notary or entrepreneur files registration documents to the One-Stop-Shop 8 days XAF 41,500 for Registration
5 Publish the incorporation of the company in the legal journal (Cameroun Tribune) 3 days XAF 57000

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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