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8.1.2. Other Taxes

The following table provides an overview of other taxes that may be imposed on a company doing business in the country.

Tax Type Rate(s) Notes
Capital Duty NIL There is no capital duty in Cameroon.
Payroll Tax NIL There is no payroll tax separately due by companies on their total payroll expenditure. Employers are required to withhold income tax and social security premiums on behalf of their employees under the PAYE system.
Social Security Employer Contribution 11.20% Employer must contribute at the rate of 11.2% (capped at XAF 750,000 per month) on a monthly basis to Cameroon’s National Social Insurance Fund. Employers must also contribute 1.75%, 2.5%, or 5% of total salaries to the National Social Insurance Fund for Industrial Accidents, depending on the risk category of activities performed by employees. The calculation basis in this category is the gross salary, including
Social Security Employee Contribution 4.20% Employees are obligated to contribute monthly to the National Social Insurance Fund (NSIF) at a rate of 4.2% on the basis of their salaries (capped at XAF 750,000 per month).
Property Tax 0.10% Property tax is payable annually on real estate with or without an ownership certificate or an administrative or judicial order issued. Properties belonging to clubs, associations, or sporting bodies' accredited properties intended for sports and sports facilities are exempt from real property tax.
Transfer Tax 15% The sale of a business in Cameroon is subject to a transfer tax at the rate of 15%.
Stamp Duty Varies Stamp duty ranging from XAF 1,000 to XAF 1,500 is levied on official documents and documentary evidences used during legal proceedings. A 3% stamp duty is levied for advertising on any tangible or intangible medium such as posters, press, radio, cinema and television etc. Effective 1 January 2021, advertising also includes free distribution within the framework of commercial promotion. An increased rate of 15% applies for advertising on cigarettes and alcoholic beverages including in the form of free distribution.
Excise Taxes 2% - 30% Applicable to cigarettes, drinks, cosmetics, luxury items (e.g. jewels, precious stones), slot machines, and other devices used for games of chance. A medium rate of excise duty (12.5%) shall apply to soft drinks and private vehicles with engine capacities of 2,000 cm3. A reduced rate of 5% is applicable to games of chance and games of entertainment not subject to the special tax on games of chance and games of entertainment under the tax code. Further, an extra-reduced rate of excise duties at 2% is applicable to mobile telephone communications and Internet services.
Customs Duty 5% - 30% Customs duties of between 5% and 30%, depending on the nature of the goods imported, are levied based of the customs value. Effective 1 January 2021, 5% customs duty rate applies on import of capital goods for the pharmaceutical industry. Further, import of drugs and inputs used for the pharmaceutical industry as well as various machinery, equipment, and appliances for the agricultural, horticultural, forestry, livestock, and fishery sectors are exempt from customs duty and taxes. Effective 1 January 2021, a reduced rate of 3% applies for forestry companies which have been duly certified by the competent authorities in terms of sustainable forest management.
African Integration Contribution 0.20% Duty payable on the taxable value of goods imported into the African Union from outside the African Union zone.
Business Licence Tax Varies A business license tax is levied on companies at the following rates on annual turnover: 0.159% for large companies with minimum contribution of XAF 5 million and a maximum contribution of XAF 2.5 billion, 0.2583% for medium-sized companies with a cap of a minimum contribution of XAF 141,500 and a maximum contribution of XAF 4.5 million, and 0.494% for small companies with a cap of a minimum contribution of XAF 50,000 and a maximum contribution of XAF 140,000.
Money Transfer tax 0.20% A tax on money transfer operations is levied at the rate of 0.2% of the amount transferred or withdrawn. Money transfer operations cover operations carried out by any means or technical support that leaves a trace, notably, by electronic means, mobile telephone, telegraph or by telex or fax, with the exception of simple bank transfers and transfers for the payment of taxes, duties, or other levies, and cash withdrawal operations following a money transfer made to financial institutions or telephone companies.
Registration Duty 1%-5% A registration duty applies at rates varying from 1% to 5% on certain deeds, depending on the nature of transactions. Registration duty applies at the rate of 5% (reduced from 15% effective 1 January 2022) on any agreement that enables an entity to carry out an activity carried out by the previous holder, even where the said agreement is not accompanied by a transfer of customers.