Germain Tchoumbou BochengDie konstitutive Handelsregistereintragung

About this book deutschenglish

The book compares German and French law - with consideration to historically grown differences and commonalities due to European harmonization of law – and the law of Cameroon that basically follows the French tradition but follows ist own way within African supra-national developments. Recordation in a commercial register is a well-known phenomenon though with very different legal prerequisites and effects. The principle of legal certainty may clash with intended flexibility and facility of commercial life. The functions of registration are being re-assessed discussion the EU-Commissions proposal for a “societas unius personae” (SUP) which shall be incorporated without prior legal scrutiny. Effectiveness and efficacy of registration in a public registry depends on ist reliability which, in turn, depends on preliminary procedures and requirements. Indirectly affected are measures against money-laundering and corruption as well as transparency of enterprises in general. Procedural obligations are costly and time-consuming. However, incorporation costs are not only a burden for the subscribers but also an investment in legal certainty. Low registration standards lead to additional expenses for companies in individual transactions. This is the background for the analysis of the various procedures and functions of constituting commercial registrations in France, Germany and Cameroon.

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