Wednesday, December 19 2018
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4 Tax-related Tips When Starting A Business In Cameroon

4 Tax-related Tips When Starting A Business In Cameroon

Business Tips, Cameroon, Tax
0
180
In our last post, we learned about the obligation by the taxation authorities in Cameroon to have taxpayers preserve tax-related documents and others for at most 10 years before they are disregarded. Today, we are going to see some more obligations of taxpayers in Cameroon. This will hel ...
Cameroon Tax System: What Is A Single Identification Number

Cameroon Tax System: What Is A Single Identification Number

Cameroon, Tax
0
198
Every registered business in Cameroon has a unique number that is used to identify the it as a taxpayer. This taxpayer’s identification number, known as the single identification number, is attributed to the business owners immediately they start the registration procedure of their busin ...
How long are you obliged to preserve tax documents in Cameroon?

How long are you obliged to preserve tax documents in Cameroon?

Cameroon, Tax
0
168
Did you know that taxpayers in Cameroon are obliged to preserve tax documents for a period of time before they can be disregarded for any tax control or investigation? There are many small businesses out there that don’t have an archive for accounting and tax documents. Immediately they ...
Beginners Guide to Income Tax in Cameroon

Beginners Guide to Income Tax in Cameroon

Cameroon, Tax
0
242
In the previous post, we discussed tips on how to start a business in Cameroon. That was just a Part I – the Part II will be coming next week. Let’s talk about income tax today. I have been writing a lot about income tax in my previous posts. Almost everyone pays income tax, even though ...
Tips on How to Start a Business in Cameroon

Tips on How to Start a Business in Cameroon

Business Tips, Cameroon, Tax
0
115
Do you want to start a business in Cameroon? To start a business in Cameroon has never been easy as it is now. It's still a dream to some that a business can be created within 72 hours in Cameroon. Those who created companies about 10 to 15 years ago went through a nightmare that couldn ...
Rights of the Taxpayer in the framework of a Tax Audit in Cameroon

Rights of the Taxpayer in the framework of a Tax Audit in Cameroon

Cameroon, Tax
0
103
In my previous post, I wrote about the taxpayers' rights which have to be protected and respected. I know this will sound strange to many business operators who have been marginalized by some unscrupulous tax officers especially during tax audit in Cameroon. Most of the times, such thing ...
Rights & Guarantees of Taxpayers in Cameroon

Rights & Guarantees of Taxpayers in Cameroon

Cameroon, Tax
0
137
In every business, a customer must be treated with respect, thus the saying 'a customer is king’. The tax administration in Cameroon has put in place measures to make sure that taxpayers are regarded as customers and hence have to be treated as one. Before these changes, tax officers wer ...
Know Your Tax Code – Personal Income Tax In Cameroon

Know Your Tax Code – Personal Income Tax In Cameroon

Cameroon, Tax
0
218
Are you planning to start a business in Cameroon? Do you work or live in Cameroon? Taxation may affect everyone who lives or has anything to do in Cameroon. Any person carrying out any income generating activity in Cameroon has to pay income tax. The personal income tax in Cameroon is a ...
Tax Exemption To Promote Youth Employment In Cameroon

Tax Exemption To Promote Youth Employment In Cameroon

Cameroon, Country, Tax
0
305
The 2015 Finance Law of Cameroon proposed a provision, that was added and went into operation on January 1, 2016 that was out to promote the employment of youths in the country. Section 105 (new) and 106 (new) of the General Tax Code of Cameroon gave a tax exemption and modalities of eli ...
5 Reasons To Start A Business In Cameroon

5 Reasons To Start A Business In Cameroon

Business Tips, Cameroon, Country, Tax
0
402
I know many people have had a bad experience investing in Cameroon before, especially Cameroonians. Things are no longer the way it used to be. Most of the time, what happens is that many people do not know what is needed for business registration or have fallen into the wrong hands. A ...