Composition comprising a retinoid and benzoyl peroxide is in the form of a gel cream. An independent claim is also included for preparing the above composition by dispersing the retinoid in water to obtain an active phase 1, dispersing the benzoyl peroxide in water to obtained an active phase 2, mixing a gelling agent with water to obtain an aqueous phase, mixing lipophilic compounds to obtain an oil phase, introducing the oil phase into the aqueous phase to obtain a gel cream, and introducing active phases 1 and 2 into the gel cream. ACTIVITY : Dermatological; Antiseborrheic. MECHANISM OF ACTION : None given.