Cameroon

Ease of Doing Business in

Cameroon

This page shows summary Doing Business 2012 data for Cameroon. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Sub-Saharan Africa
Income Category Lower middle income
Population 19,958,351
GNI Per Capita (US$) 1,160.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
161 165 down 4
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 128 131 up 3
Dealing with Construction Permits 92 89 up -3
Getting Electricity 66 65 up -1
Registering Property 154 157 up 3
Getting Credit 98 139 up 41
Protecting Investors 122 120 up -2
Paying Taxes 171 169 up -2
Trading Across Borders 156 155 up -1
Enforcing Contracts 174 174 No change
Resolving Insolvency 147 148 up 1

Economy Profile

2173.6 KB pdf file

Download Now

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 2012 Rank 128 DB 2011 Rank 131 Change in Rank up3
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 37 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)
45.5 81.2 4.7

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)
182.9 129.8 14.1
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, 19.3% of VAT and XAF 1000 per stamp (6 stamps)
4 Notary or entrepreneur files registration documents to the One-Stop-Shop 8 days XAF 41,500 for Registration, XAF 6,000 for Quittance, XAF 2000 for stamps (2 of XAF 1000) and XAF 6,000 of stamp duties for tax administration (6 of XAF 1000)
5 Publish the incorporation of the company in the legal journal (Cameroun Tribune) 3 days XAF 57000

Explore Economy Data


- OR -

Close