The procedure to register a construction company in Cameroon is regulated by the OHADA Law. Thus, the registration procedure for construction companies in Cameroon is similar to other commercial companies. Guidance and assistance in registering a construction company like a road construction company in Cameroon is provided in part by the OHADA Law which governs commercial companies and economic interest groups in all member states.
Construction companies are a type of business, company, enterprise or similar organization created to construct a variety of buildings, developments, properties, facilities, housing, path, pavement, roads, motorway and other types of construction projects.
The operation and functioning of construction companies in Cameroon are also subject to other laws and regulations to wit; health and safety laws, employment laws, insurance law etc. All these laws play a role to ascertain the registration cost for construction companies like a road construction company in Cameroon.
Construction companies by virtue of their scope of operations usually have benchmarks to be considered by potential investors or promoters of such a company in view to ascertain the performance of the company upon registration. Some of these benchmarks include; Quality of service, standard of safety, effectiveness in planning, time for delivery, technical ability of staff etc.
REGISTRATION PROCEDURE FOR CONSTRUCTION COMPANIES IN CAMEROON
The registration procedure for construction companies in Cameroon also provide guidance on the registration cost for construction companies in Cameroon. The procedure will be illustrated below;
INFORMATION TO BE PROVIDE BY THE PROMOTER TO THE ATTORNEY
The information to be provided by a promoter desirous to register a construction company in Cameroon include;
- Name of the construction company
- Objectives of the construction company
- Shareholding of the construction
- Manager to be appointed
- Head office address of the construction company etc.
DOCUMENTS TO BE PROVIDED BY THE PROMOTER
The documents to be provided by a promoter desirous to register a construction company include;
- Identification documents of Shareholders
- Identification documents of appointed manager
- Non-crime certificate of shareholder(s) and the manager etc.
Upon the provision of all the required information and documents to the corporate attorney, the registration cost for the construction company will be assessed and upon payment of the prescribed fee, the attorney will successfully register the construction company and provide to the promoter certain documents to wit;
- Articles and Memorandum of Association
- Statement of Subscription of share capital
- Certificate of appointment of the manager
- Certificate of incorporation of the company etc.
After a successful registration of the construction company, the company can begin operations with immediate effect.