Friday, December 14 2018
Start, Run & Grow your business in Africa

OPENHUB

Business Information, News, Tips & Innovations from Africa

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
160
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
189
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
160
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
232
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
111
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
96
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
130
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
212
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 ...
Know the Export Procedure in Cameroon

Know the Export Procedure in Cameroon

Business Tips, Cameroon
0
110
Exporting or importing from Cameroon and many other sub-Sahara Africa countries seems to be very complex. It is difficult for you to know the procedures to follow. The export procedure seem to vary from one custom clearing agent to another. However, this does not mean the procedure is d ...
A Beginner’s Guide to Start an Export Business in Cameroon

A Beginner’s Guide to Start an Export Business in Cameroon

Business Tips, Cameroon
0
133
To start an export business in Cameroon is not very different from carrying out import activities. This is the continuation of the series on the procedure of carrying out an import or export business in Cameroon. If you have been planning to export from Cameroon, then you will have follo ...