INTRODUCTION
The corporate practice blog is a compendium of all aspects of legal and corporate practice provisions touching on the existence and operations of partnership business, private company business and public company business.
This blog is aimed at providing answers to legal and corporate practice oriented inquiries as will be required by clients, investors, students, corporate experts, notaries and advocates in Cameroon.
The registration and operation of different categories of business and corporate entities in Cameroon as captioned by the revised OHADA Law of 2014 are quite complex and mistakes are usually made by investors and practitioners due to lack complete knowledge in the particular subject matter.
In this blog, you will find provisions touching on registration of corporate entities, responsibilities of auditors, management and members, aspects of voting rights of members of registered companies and their proxy, liquidation and dissolution of corporate entities, conditions for engaging in public offering for shares, categories and combination of securities etc.
Worthy of note to clients who peruse this blog is the fact that the need for the services of professionals such as Notaries, Advocates, audit firms and corporate law firms is key to successful company registration and operations in the Cameroon business environment as they are up to date with changes taking place in the legal sphere of corporate matters in Cameroon.
Company administration Companies raising capital through public offerings in one or more States parties, or whose securities are listed on the stock exchange of one
The member(s) must all sign the document instituting the company, in person or through an agent with special powers. Failing that, the company shall be
According to article 854 of the OHADA Law of 2014, a consortium is an entity in which partners agree that the company shall not be
According to article 73 of the OHADA Law of 2014, the founders and first members of the management body, the board, and officers shall file
According to article 309 of the OHADA Law of 2014, a private limited company is a company in which members are liable for the company
According to article 869 of the OHADA Law 2014, the economic interest group is the one whose sole purpose is to apply, for a fixed
Duration Every company has a duration that must be stated in its articles of association. The company’s existence shall not exceed ninety-nine (99) years. The
The private limited company shall be dissolved for common causes applicable to all companies. The limited liability company shall not be dissolved in the event
According to article 86 of the OHADA Law of 2014, any company which makes a public offering shall, beforehand, publish in the State party of
