PARENT COMPANY AND SUBSIDIARY REGISTERED IN CAMEROON
According to article 179 of the OHADA Law of 2014, a company is a parent company of another company when it holds more than half
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.
According to article 179 of the OHADA Law of 2014, a company is a parent company of another company when it holds more than half
The ordinary general meeting shall take all decisions other than those expressly reserved by article 551 of the OHADA Law of 2014, for extraordinary general
According to article 293 of the OHADA Law 2014, a limited liability partnership is a partnership in which one or more partners jointly and severally
According to article 270 of the OHADA Law of 2014, a general partnership is a company in which all partners are merchants and are indefinitely,
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
Company security means any class or series of equity or voting interests in the company, including common shares and the voting share.Share companies may issue
About the annual ordinary general meeting, any shareholder is entitled, in person or through an agent that he appointed to represent him at the general
Appointment of an auditorCompanies concernedPrivate limited companies that meet, at the end of the fiscal year, two of the following conditions: 1) The total amount
Dissolution of a company means the closing of a corporate entity. This can be a complex process to achieve especially in cases of more owners/shareholders
According to article 825 of the OHADA Law of 2014, the founders shall publish, before undertaking any shares subscription transaction, a notice in newspapers authorized