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Arbitration In Cameroon

Arbitration has not only become a necessity in Cameroon, but the most reliable tool for important transactions as it is the most convenient alternative means of conflict resolution, due to lack of some competent authorities in our courts.
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Company Law

It is our top priority to secure the interest of our clients and also that of the general public.
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Family Law

Our initial goal is to reconcile spouses, after which we move into divorce petitions, adoption, settlement between spouses, compensation emanating from divorce, recognition of both marriage and infants, legitimization etc.
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Mining Law

This is a law which is aimed both at encouraging and up grading the exploitation and exploration of mineral resources.
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ENVIRONMENTAL LAW

We as part or one of the CEMAC members blessed with enormous natural resources forestry and other minerals being part of the environment, need laws to protect them.
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Telecommunication Law

Due to the rapid growth in the industry of communication, our firm is at the services of its clients and the general public who are ready and willing to move along with such advancement there to
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Inheritance Law

There is a team equipped with the above specialty in the administration of estate; drafting of wills, custody of wills codicils, testamentary trust.
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Maritime Law

In the above field, this firm has specialists who help in the negotiation and drafting of contracts between maritime companies
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Intellectual Property

Due to the many years of practice, BONGAM &YOUMBI law firm has been a member of the African Intellectual Property Organization.
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  • Lawyers in Douala

lawyers in Douala,  law firms in Cameroon, Cameroon law firm

Bongam and Youmbi law firm

Blog Post

HOW TO SET UP A BUSINESS IN CAMEROON

Do you wish to set up a business in Cameroon? Find out, in this article, how to proceed to create your company in Cameroon.

Cameroon is an interesting country to invest in thanks to its numerous natural resources. The Government of Cameroon greatly encourages foreign investment in many sectors such as transport, agribusiness, tourism, and rural development to boost its economy. In fact, many programs have been set up to facilitate the creation of small, medium, and large enterprises in the country, as well as to prevent corruption.

Cameroon has free zones which can be exploited by export business companies. These companies are eligible for many benefits such as;

Exemption from permit requirements,

The ability to open foreign currency bank accounts,

The right to transfer up to 75% of profits abroad,

Tax exemptions for 10 years as from the beginning of the company’s activities and an overall 15% tax rate on profits as from the 11th year. Moreover, Cameroon is famous for its cheap labor force as well as its numerous natural resources.

However, procedures regarding the setting up of a company in Cameroon are quite complex and costly.
Anyone is free to set up a business in Cameroon. Moreover, foreigners are allowed to own 100% of a company’s shares.

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Lawyers in Douala.

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