The owner is not liable to the debts and liabilities of the business. The company is a separate legal entity from its owner.

The minimum authorized capital to incorporate XAF100,000 & XAF10,000,000 for private & public company respectively.

Newly incorporated limited companies are given at least one year exemption from paying the business licence tax.

A foreigner or a foreign corporate body can own 100% shares of a one-person limited company.

One-Person Limited Companies benefit from the recent corporate tax reduction from 30% to 28% and many other tax benefits.

A limited company enjoys a better avenue for raising funds from banks when compared to a partnership or sole proprietor business.