BUSINESS INCORPORATION

January 1, 2024
Incorporate Your Business in Cameroon and get a new year gift!

Let’s Kickstart Your Business Journey in Cameroon: A New Year Gift Just for You!

Strike while the iron is hot! Register your business with OpenHub Consulting Ltd, and let's make informal businesses the next big thing in Cameroon this year!
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
October 30, 2023
Reserved Business Activities in Cameroon

Reserved Business Activities and Authorization Requirements in Cameroon

Understanding Reserved Business Activities and Authorization Requirements in Cameroon

GROW YOUR BUSINESS

August 1, 2023
Yale Studios Ltd

Welcoming Yale Studios Limited (YS Ltd)

Transform your business aspirations into legal success with OpenHub Consulting Limited (OHC Ltd). Our seamless company incorporation services pave the way for entrepreneurs, just like Yale Studios Ltd, providing enhanced credibility, financial transparency, and legal protection. Discover the advantages of being a legally registered entity. Start your journey to business success – consult with OHC Ltd today
March 3, 2023
40+ business models by Dr Javyuy Joybert

40+ Business Models & Examples: Practical Ways Different Businesses Make Money by Dr Javyuy

Starting a business is no easy feat. It requires determination, commitment, and lots of hard work. But even after all the effort put in, many businesses struggle to find the right business model that will make money consistently.
October 3, 2022
3Conex Limited

Company Profile – 3ConeX Limited

3ConeX Limited is a progressive company that offers training on 21st century skills that is committed to bringing the value of digital skills, technology and STEM to a generation that no longer needs excuses or limitations.

TAX & LEGAL TIPS

April 12, 2024
Free Online VAT Invoice Generator

Free Online VAT Invoice Generator for Cameroon

Generate invoices with our Free Online VAT Invoice Generator tailored for businesses in Cameroon.
April 11, 2024
Free Online Invoice Generator

Free Online Invoice Generator for Cameroon

Generate professional invoices effortlessly with our Free Online Invoice Generator tailored for businesses in Cameroon. Create, customize, and print invoices instantly with ease.
April 8, 2024
2023 Statistical & Tax Returns

Simplify Your Tax Filing – Let’s Handle Your 2023 Statistical & Tax Returns

We will ensure that your STR for the 2023 fiscal year is prepared accurately and in accordance with the updated guidelines.
November 23, 2021
unregistered business

What if you’re caught running an unregistered business in Cameroon?

You can run an unregistered business in Cameroon as long as your business is legal and meets the tax and licensing requirements. Be Careful!
April 15, 2024
Discovering the Top Logistics Companies in Cameroon

Top Logistics Companies in Cameroon

Welcome to our guide to finding the top logistics companies in Cameroon.
April 12, 2024
Free Online VAT Invoice Generator

Free Online VAT Invoice Generator for Cameroon

Generate invoices with our Free Online VAT Invoice Generator tailored for businesses in Cameroon.
April 11, 2024
Free Online Invoice Generator

Free Online Invoice Generator for Cameroon

Generate professional invoices effortlessly with our Free Online Invoice Generator tailored for businesses in Cameroon. Create, customize, and print invoices instantly with ease.
April 8, 2024
2023 Statistical & Tax Returns

Simplify Your Tax Filing – Let’s Handle Your 2023 Statistical & Tax Returns

We will ensure that your STR for the 2023 fiscal year is prepared accurately and in accordance with the updated guidelines.
November 28, 2023
interest paid to investors

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.
November 28, 2023
Incentives for Promoting the Digital Economy

Incentives for Promoting the Digital Economy: Boosting Start-ups in the Digital Sphere

Cameroon's General Tax Code offers tax advantages and incentives to ICT start-ups registered in approved management centers to foster innovation and support the digital economy. During the incubation phase, start-ups are tax exempt, giving them financial freedom to focus on growth. Technological innovation is encouraged through a 30% income tax credit on associated expenses. During the operational phase, further benefits continue, such as reduced tax rates, exemptions, and preferential rates on capital gains from sales. After five years, start-ups transition to the regular tax system, maintaining their established foundations.
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.
November 5, 2023
Tax Exemptions in Cameroon

Tax Exemptions for Newly Created Companies and Sole Proprietor Businesses

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.