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Cameroon business economy profile

Cameroon business economy profile

Economy Profile  of Cameroon

Doing Business 2020 Indicators

(in order of appearance in the document)

  • Starting a business:Procedures, time, cost and paid-in minimum  capital  to start a limited liability company.
  • Dealing with construction permits:Procedures, time and cost to complete all formalities to build a warehouse and the  quality  control  and safety mechanisms in the construction permitting system.
  • Getting  electricity:Procedures, time and cost to get connected to the electrical grid, and the reliability of the electricity supply and the transparency of tariffs.
  • Registering property:Procedures, time and cost to transfer a property and the quality of the land administration system.
  • Getting credit: Movable collateral laws and credit information systems.
  • Protecting minority investors:Minority shareholders’ rights in related-party transactions and in corporate governance.
  • Paying taxes:Payments, time, total tax and contribution rate for a firm to comply with all tax regulations as well as postfiling processes.
  • Trading across borders:Time and cost to export the product of comparative advantage and import auto parts
  • Enforcing contracts:Time and cost to resolve a commercial dispute and the quality of judicial prosses.
  • Resolving insolvency:Time, cost, outcome and recovery rate for a commercial insolvency and the strength of the legal framework for insolvency
  • Employing workers:Flexibility in employment regulation and redundancy cost

About Doing Business

Doing Business
The project provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational and regional levels.


The project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life
cycle.
Doing Business captures several important dimensions of the regulatory environment as it applies to local firms. It provides quantitative indicators on regulation for starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across
borders, enforcing contracts and resolving insolvency.


Doing Business also measures features of employing workers. Although
Doing Business does not present rankings of economies on the employing workers indicators or include the topic in the aggregate ease of doing business score or ranking on the ease of doing business, it does present the data for these indicators.

By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time,
Doing Business encourages economies to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers and others interested in the business climate of each economy.
In addition,Doing Business offers detailed subnational studies
, which exhaustively cover business regulation and reform in different cities and regions within a nation.
These studies provide data on the ease of doing business, rank each location, and recommend reforms to improve performance in each of the indicator areas. Selected
cities can compare their business regulations with other cities in the economy or region and with the 190 economies that Doing Business has ranked.

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