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.
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.
Company Taxation in Cameroon: Determining Taxable Profits and Operating Criteria
The law provides criteria, such as having a headquarters, permanent establishment, or dependent representative in Cameroon, to determine if a business is operating in the country.
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Top Business Ideas to Consider in Cameroon
Whether you’re a local entrepreneur or a foreign investor, these opportunities can help you start or expand your business in Cameroon.
Why governments reduce corporate tax
The new corporate income tax rate of 25% should be a huge boost for state revenues in Cameroon, as many small businesses will become formal.
How to start a daycare center in Cameroon
Starting your own daycare center or crèche can be a great way to make some extra money.
Company Registration, Business setup, and getting a Business License Company in Cameroon
OHC Business Center is a one-stop platform where people who want to start a business are one click away from their dream.
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!
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