INTRODUCTION
Cameroon is a developing country
located in Central Africa in which investment
is considered as being the active seed which
generates growth and development.
This country's government
has taken in these last years a series of measures
in order to remove traditional constraints,
and enable local and foreign investors to establish
partnerships in the creation of new export oriented
ventures. In addition to these measures, free
transfer of invested capital proceeds is guaranteed
to foreign investors. This environment as well
as the political stability of the country guarantee
successful foreign investments.
Apart from export
oriented activities, foreign companies can operate
in Cameroon within the Special Assistance Programme
laid down by the World Bank. As a matter of
fact, the World Bank finances different plans,
regarding more precisely health, electric power
and public works matters, which require contracts
with foreign investors. This document does not
deal with these operations as they concern contracts
with the government and an administrative law
environment.
Our article seeks
to offer an understanding of national legal
and business structures to foreign investors.
After presenting an overview of the UDEAC (Central
African Economic and Customs Union) we shall
give guidelines on how to establish a commercial
presence in Cameroon as well as a brief description
of the Cameroonian tax system. This paper also
gives an overview of investment incentives,
dispute resolutions and bankruptcy law.
