Operating a Business

flag Cameroon Cameroon: Operating a Business

In this page: Setting Up a Company | The Active Population in Figures | Working Conditions | Cost of Labour | Social Partners

 

Setting Up a Company

Private Limited Company
Number of partners: At least one partner with no maximum.
Capital (max/min): XAF 100,000 minimum
Shareholders and liability: Liability is limited to the extent of the shareholders' contributions
Public Limited Company
Number of partners: At least one partner with no maximum.
Capital (max/min): XAF 10 million minimum capital divided into shares
Shareholders and liability: Liability is limited to the amount contributed.
Limited Partnership
Number of partners: At least two partners with no maximum.
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited partners who do not participate in management have limited liability. However, general partners or managing partners have joint and unlimited liability
The Competent Organisation
The Registration and Stamp Duty Office of the Department of Taxation is the competent organization.
 
Setting Up a Company Cameroon Sub-Saharan Africa
Procedures (number) 6.0 7.5
Time (days) 13.5 21.3

Source: Doing Business.

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Cameroon.

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The Active Population in Figures

201820192020
Labour Force 11,023,22211,351,50111,483,970

Source: International Labour Organization, ILOSTAT database

 
201720182019
Total activity rate 77.05%76.99%76.90%
Men activity rate 82.05%81.89%81.68%
Women activity rate 72.06%72.11%72.14%

Source: International Labour Organization, ILOSTAT database

 

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Working Conditions

Legal Weekly Duration
The legal duration of work is 40 hours in the non-agricultural sector and 48 hours for the agricultural sector.
Retirement Age
The retirement age is 60 years.
Working Contracts
The work contract is outlined by law and collective conventions. Company agreements and individual negotiation complement it. Its form is extremely rigid. However, hiring conditions and lay-off conditions are very flexible.
Labour Laws
Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.

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Cost of Labour

Minimum Wage
36,270 XAF per month (Source: Minimum-Wage.org).
Average Wage
5,518,700 XAF per year (Source: World Salaries)
Social Contributions
Social Security Contributions Paid By Employers: Depending on the employee regime, between 9.65% and 16.2% of wages.
Social Security Contributions Paid By Employees: 4,20% of the gross wage.

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Social Partners

Social Dialogue and Involvement of Social Partners
Presently, the trade unions are very diverse and scattered to have any real impact in negotiations. During the last 40 years, the number of trade unions continued to increase to reach a number of 200 unions! Each trade union stands for a precise cause and none wants to break away from their positions. In addition, they suffer from a weak support from workers. Very few of them follow the initiatives of the trade unions. The trade union the most influential among these is the Union of Employers (GICAM).
Labour Unions
CSTC: Cameroon Workers Trade Union Confederation
GICAM: Inter-Employers Grouping of Cameroon
Unionisation Rate
The national unionization rate was 46.85% in 1996.
Labour Regulation Bodies
Ministry of Employment and Social Security

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Latest Update: April 2024