Tax exemption

Tax incentives for disaster zones

Tax incentives for disaster zones in Cameroon

The tax law in Cameroon makes provision for targeted tax incentives for disaster zones in the country. This special tax relief is to encourage businesses to invest in such zones. This will also help in post-disaster revitalization of the mentioned zones. In this regard, the Prime Minister of Cameroon, Dion Ngute, signed a decree declaring…

Tax exemption

Tax Exemption To Promote Youth Employment In Cameroon

The 2015 Finance Law of Cameroon proposed a provision, that was added and went into operation on January 1, 2016 that was out to promote the employment of youths in the country. Section 105 (new) and 106 (new) of the General Tax Code of Cameroon gave a tax exemption and modalities of eligibility respectively to…