INTRODUCTION TO IMPORT AND EXPORT TRADE IN CAMEROON
Import and Export trade in Cameroon is one of the most profitable ventures that an individual with the know-how and capital can engage in full and stands to make huge gains. Despite the lucrative nature of business in Cameroon, Businessmen are often confronted with the challenge of understanding the right procedure to engage in applying for import and export license in Cameroon.
In applying for an import and export license in Cameroon, business operators are bound to adhere strictly to law No 2010/044 of 18th April 2016 governing external trade as well as decree No 2017/6523/PM of 7th June 2017.
Hence obtaining an import and export license in Cameroon is the only recognized document authorizing economic operators to circulate their goods within and outside Cameroon.
HOW TO APPLY FOR AN IMPORT AND EXPORT LICENSE IN CAMEROON
Economic and business operators are expected to follow the stipulated legal procedure in applying for an import license in Cameroon. In applying for an import and export license in Cameroon, the supposed individual is expected to hire a commercial attorney to ensure all required documents are compiled, filed and fee paid at the appropriate regulatory government agency.
Here are some of the mandatory documents required in applying for an import license in Cameroon.
- Duly stamped application on company letterhead stating the sector of articles to be imported
- Certificate of company incorporation certificate of the company
- Certify a copy of the taxpayer’s card of the company
- Certificate of non-indebtedness of the company
- Articles of association of the company
- A Clearance certificate of workers issued by the National Social Insurance
- Attestation of localization of the company
- Certified copies of ID cards or Passport of shareholders
- Proof of payment of registration fees
PROCEDURE FOR OBTAINING IMPORT LICENSE IN CAMEROON
After the proper constitution of required import documentation, the company or individual must adhere to the procedure for obtaining an import license in Cameroon.
Duplicates of these documents must be attached to a cover letter on the company letterhead and submitted at the international trade desk, chamber of commerce, and the Cameroon shippers council.
HOW TO APPLY FOR AN EXPORT LICENSE IN CAMEROON
Economic and business operators are expected to follow the stipulated legal procedure in obtaining an export license in Cameroon. In applying for an export license in Cameroon, the supposed individual is expected to hire a commercial attorney to ensure all required documents are compiled, filed and fee paid at the appropriate regulatory government agency.
Here are some of the mandatory documents required for a successful export license in Cameroon.
- Duly stamped application on company letterhead stating the sector of articles to be exported
- Certificate of company incorporation certificate
- Certify a copy of the taxpayer’s card of the company
- Certificate of non-indebtedness of the company
- Articles of association of the company
- A Clearance certificate of workers issued by the National Social Insurance
- Attestation of localization of the company
- Certified copies of ID cards or Passport of shareholders
- Proof of payment of registration fees
PROCEDURE FOR OBTAINING AN EXPORT LICENSE IN CAMEROON
After the proper constitution of required export documentation, the company or individual must adhere to the procedure for obtaining an export license in Cameroon. Duplicates of these documents must be attached to a cover letter on the company letterhead and submitted at the international trade desk, chamber of commerce, and the Cameroon shippers council.
Individuals are advised to hire an experienced commercial attorney when applying for an import license in Cameroon or an export license in Cameroon. This is because they have a full mastery of the law as well as collaborate closely with the regulatory issuing authorities to ensure that we secure the licenses timely.
Conclusion
We of Kinsmen Advocates Law Firm are readily available to represent our national and international clients in obtaining an import and export license for the commence industry competently in securing international trade licenses in Cameroon. We have registered significant success in this area and have more than experience to navigate government bureaucracy and ensure our clients enjoy a calm business climate.
Article by Mafany victor Ngando
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.