Cameroun
Business License
The business license tax is imposed at graduated rates on the annual turnover of an enterprise.
It varies from 0.159% to 0.494% of the turnover, with deductions for turnovers over 2 billion, for each income bracket of 500 million.
Table below summarizes it:
TaxPayer Management Unit Revenue Level Minimum Rate Minimum Maximum Large companies More than 3 billions 0.159% 5 Millions 2,5 Billions Medium Size companies and specific activities 50 Millions - 3 Billions 0.283% 141.500 4,5 Millions Small Enterprises 0 - 50 Millions 0.494% 50.000 140.000
The business license tax is latest on 28th of February of each year.
Stamp and Registration duties
Most of legal and contractual obligations are subjected to fix, proportional, progressive registration duties. They are due following the conclusion or execution of the act.
Table below shows some of the most important
Transactions Rate Business sales 15% Real estate, sales, transfer 10%
Real estate unlimited lease 15%
Limited lease, for professional, commercial industrial use 10%
Limited lease, for living use 5%
Lease of movables 5%
Movables unlimited use 5%
Movables purchasing and selling 5%
Movables exchanges 5%
Goods acquired in business acquisition/sales 2%
Real estate sharing 1%
Some transactions are exempted from registration duties like company formation, capital increase, merging, and fusion.
Withholding tax
Some transactions are subjected to tax retention at source.
Payment of | Rate |
Dividend(Resident or not) | 16,50% |
Interest(Non-resident) | 16,50% |
Royalties(Resident or not) | 16,50% |
Lease to non-professional | 10% |
Liberal professions and services providers | 5,00% |
Commercial agents without salary paid | 11,00% |
- Dividend, interest and royalties’ rate is applicable unless resident is from a country with double tax treaty with Cameroon.
- The treaty will either reduce of cancel the retention, the income will then be taxable in the beneficiary’s country.
- Rate of 16.5% is 15% withholding tax and a 10% local surcharge
Last update: 27 of November 2023
