Social Security Contributions

Social Security

Social security contribution is levied on salary. It includes an employer and employer contribution.

  • All elements of wages are considered as remuneration for work performed by the employee, including the benefit in kind valued at the taxable percentage, constitutes the basis of social security charges.
  • Only do not constitute basis of social security elements considered as expenses reimbursement, commonly call professional fees.

Table below summarizes rates and contributors:

Contributions to:

Rate - Contributor

Comments

Employer

Employee

Family Allowance

10,04%

Benefit in Kind Included, Basis capped at 7.2 Million XAF per year

Work Related Accident

2,25%

Benefit in Kind Included, Basis capped at 7.2 Million XAF per year

Pension

8%

4%

Benefit in Kind Included, Basis capped at 14,4 Million XAF per year

Total

20,29%

4,00%

 

Last Update: 29 of July 2021

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