Cameroon

Basic Facts

Cameroon Overview

African Union member country / Central African franc (XAF) currency / Dual legal system of French civil law and English common law / Politically stable presidential republic country / English and French speaking

Top 3

Reasons For Doing Business In Cameroon

Low start-up cost and simple procedures to register a business

Strategic geographical position between West and Central Africa

Wide range of various tax incentives to investors

More advantages​

  • Personal income tax (PIT) progressive rates from 11% to 38.5%,
  • institutions, NATO and multinational company headquarters,
  • Local income tax (surcharge) of 10% applies,
  • Property tax is charged at 0.1% of the assessed property value,
  • Capital gains are normally taxed at full CIT rates,
  • Dividends are subject to the withholding tax of 16.5% and it applies to dividends paid to both Cameroon residents and non-residents, the above rate may be reduced under an applicable DTT,
  • Losses can be carried forward up to four years, carryback of losses is not permitted,
  • No transfer pricing, nor controlled foreign companies (CFCs) provisions,
  • No wealth tax.

Company Formation In Cameroon

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Do you look for a reliable lawyer or accountant in Cameroon?

Do you want to structure your international business in a correct way?

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