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.

With new finance law for fiscal year 2023

  • New tax incentives for investments at least 100 million Central African CFA francs (XAF) in the inland regions.
  • Establishment of a system of tax reduction for an investment at least XAF 250 million in some sectors (industry, tourism, energy, water, information and communication technologies, sports, transport).

 Last Update: November 27, 2023