Companies are the most widely used business organization. They are formed for business and are thus, profit-maximizing. They are most preferred because they are highly organized and regulated with clear structures. Upon incorporation, a company can operate independently of the shareholders, who may become employees and contractors.
The procedure to register a company in Cameroon requires a corporate accredited attorney to conduct a corporate name search, advice on the company objective, choice of shareholders, company manager, minimum share capital, share distribution ratio and choice of registered office location.
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