GROW YOUR BUSINESS

December 22, 2017
Celebrate Christmas

How we Celebrate Christmas in Cameroon

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TAX & LEGAL TIPS

November 15, 2023
mutual credit funds in cameroon

Mutual credit funds

Mutual credit funds are member-owned cooperatives providing financial services such as savings, loans, and more. They differ from traditional banks as they are not-for-profit, prioritizing members' financial needs over profits. Membership is open to individuals or businesses meeting specific eligibility criteria. These funds promote financial inclusion, local lending, and community development while being regulated by the relevant financial authorities.
November 14, 2023
A non-profit private education establishment in Cameroon

Non-profit private education establishment

Non-profit private education establishments are institutions primarily focused on providing quality education rather than making profits. Privately owned by non-profit organizations, religious groups, or community entities, they encompass a variety of institutions from schools to universities. They rely on multiple funding sources including tuition, donations, and government grants. These institutions often offer a more personalized educational experience with greater flexibility in curriculum and teaching methods compared to public schools, despite charging tuition fees.
November 13, 2023
Economic Interest Groups

Economic interest groups

Economic interest groups are organized associations of individuals or businesses that come together to promote and protect their shared economic interests.
November 25, 2023

Start Your Online Business Today with MTN NoLimit Internet

With an internet connection, you can launch and run an online venture from anywhere in Cameroon using MTN NoLimit
November 17, 2023
Open-end investment companies in Cameroon

Open-end investment companies

Open-end investment firms, known as SICAVs (Société d'Investissement à Capital Variable), are financial structures pooling funds from investors for diversified portfolio investments like stocks, bonds, or other instruments. Offering unlimited shares, SICAVs offer liquidity and risk diversification, while being subject to regulatory oversight for investor protection. These companies are tax-exempt in Cameroon.
November 16, 2023
mutual investment funds

Mutual investment funds

Mutual investment funds pool capital from numerous investors and offer access to professionally managed, diversified investment portfolios. They have varying objectives like capital appreciation and income generation, detailed in the prospectus. Managed by professionals, mutual funds issue, redeem units as per investor interest and follow robust risk management practices. They're subjected to regulatory oversight for investor protection and transparency. Interestingly, they are exempted from paying company tax in Cameroon.
November 15, 2023
Cooperative societies in Cameroon

Cooperative societies

Cooperative societies are voluntary associations that promote the economic and social well-being of their members by pooling resources and undertaking collective activities. Key features include democratic control, active member benefit, limited return on capital, and emphasis on education and training. These cooperatives operate across various sectors and can increase bargaining power, improve resource access, and promote sustainable practices. Cooperatives' structure and benefits are subject to local regulations, such as tax exemptions in Cameroon. Assistance is readily available for those interested in forming or participating in cooperatives.