Newly created companies and sole proprietor businesses are exempt from a business license tax for their first year of operation, per the General Tax Code. However, they are not exempt from income tax. There are specific provisions allowing flexibility in reporting initial financial statements and calendar considerations for tax payments. Companies must understand these obligations and consult with tax professionals for clarity.
Reserved Business Activities and Authorization Requirements in Cameroon
Understanding Reserved Business Activities and Authorization Requirements in Cameroon
The best Fast-Food Restaurant Operator’s Guide in Cameroon
Let’s see some of the most important factors to consider when opening a fast-food restaurant in Cameroon.
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OpenHub Digital is a Trustworthy Platform for Business Registration in Cameroon
OpenHub Digital provides resources and tools for local businesses, foreign investors and entrepreneurs in Cameroon. Business Registration…
Small Business Bookkeeping & Accounting Services in Cameroon
Outsource your bookkeeping and accounting department to OpenHub Digital. We provide a full accounting department experience for small businesses in Cameroon. The business environment of today is very […]
5 reasons our clients love our services
Why our clients love our services – Company Incorporation | Business License | Social Media Marketing | Bookkeeping Services | Website Design, etc.
We use a refreshing approach in our services to solving company incorporation and business license issues.
Cameroon: What if your tax audit is postponed?
The main aim of a tax audit is to verify and understand information contained in your tax return.
The right to control taxes: on-the-spot check
Only a sworn tax officer with the rank of an inspector has the right to carry out an on-the-spot check.
A sworn tax officer has the right to control taxpayers
A sworn tax officer with at least the rank of an inspector may control the premises used for professional purposes by taxpayers.
Want to pay your taxes via a bank in Cameroon?
Conditions to pay your taxes in Cameroon through bank transfer and cash deposits in a bank.