Investment Incentives

Investment Incentives

Specific investment incentive exist in general tax code, and more detailed in the investment code.

Upon application. When granted:

  • Investment incentives concern specific sectors; namely industry, mining, agriculture, and forestry.
  • Newly registered companies in their 5 first calendar year are exempt from paying business tax
  • Capital Gains exoneration if reinvested.
  • Minimum investment eligible amount should be 60.000.000 XAF
  • 40% Deduction from taxation basis on CIT and PIT
  • 50% reduction of registration duties for company creation, capital increase, fusion, sale of shares
  • Exoneration of minimum tax and CIT under some conditions depending on the location, the nature, and the amount of investment.

 Last Update: July 21st 2022