We will ensure that your STR for the 2023 fiscal year is prepared accurately and in accordance with the updated guidelines.
Free Online Payroll Generator for Cameroon
Simplify payroll processing in Cameroon with our online calculator. Compute salaries, taxes, and deductions effortlessly. Save time and ensure compliance.
Online Cameroon income tax calculator
Tax owed by non-salaried workers, sales agents, or representatives, including those in the insurance sector, is deducted at source at a flat rate of 10%
Online Cameroon income tax calculator
The Ultimate Payroll Calculator for Cameroon – 52000F to 62000F
Transform your payroll process in Cameroon with our advanced Payroll Calculator . Simplify salary calculations, deductions, and employer contributions for effortless payroll management. Streamline your operations and elevate efficiency today
Actual Earnings Online Monthly Tax Calculator Cameroon
Simplify your monthly taxes with our Online Monthly Tax Calculator designed for businesses under Cameroon’s Actual Earnings Tax System. Stay compliant, accurate, and efficient in your tax management.
Simplified Taxation System: Monthly Tax Calculator Cameroon
Monthly Tax Calculator for businesses in Cameroon’s Simplified Taxation System.
Easily compute your monthly tax obligations, ensuring compliance and accuracy.
Deadline Extension: Cameroon’s Taxpayers Get Breather Amidst Internet Disruptions
Cameroon extends tax filing and payment deadline for February 2024 to March due to recent internet disruptions. Stay compliant with the new date!
Cash Payment Ceiling Reduced in Cameroon
This post discusses recent changes to Cameroon’s General Tax Code regarding deductible cash expenses. It outlines how the threshold has been lowered from 500,000 CFA to 100,000 CFA.
What is interest paid to investors?
Technology startups in Cameroon receive favourable tax incentives to stimulate investment and promote the growth of the digital economy. These include a reduced income tax rate of 5% on interest paid to investors and dividends paid to shareholders, and on movable capital revenue. This strategy is part of the government’s plan to foster entrepreneurship, attract investment, and support the development of the technology sector in the country.
What is dividends paid to shareholders?
Cameroon offers a tax incentive to encourage investment in technology startups. Any dividends paid to shareholders and income tax on movable capital revenue or investor interest are taxed at a reduced rate of 5%. The government aims to stimulate the growth of the digital economy, entrepreneurship, and attract more investment to the tech sector. Startups and investors should, however, consult tax professionals to understand the eligibility criteria and other associated requirements.