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Mobile "Bus-Ecole" Initiative Launched to Boost Entrepreneurship in Cameroon

On May 14, 2024, in a landmark event held at the esplanade of Yaoundé City Hall, Achille BASSILEKIN III, Minister of Small and Medium Enterprises, Social Economy, and Handicrafts, unveiled the “Bus-Ecole”, a mobile school designed to promote a culture of entrepreneurship throughout Cameroon. This innovative project is a result of the collaborative efforts between Cameroon and Italy, with…

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Know Your Tax: Understanding Taxable Profits in Cameroon

Learn how taxable profits are determined for businesses in Cameroon and the impact of international agreements. Get tips for compliance and strategic planning.

Welcome to our “Doing Business in Cameroon” blog, where we help you understand the tax rules that affect businesses in Cameroon. In this #KnowYourTax edition, we’ll explain what taxable profit is and how they work. What is Taxable Profit? Taxable profits are the earnings that a company makes which are subject to tax. In Cameroon, the rules for figuring out these profits are found in Section 5…

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Nachtigal Dam Injects First 60 Megawatts into Cameroon's Power Grid

Discover how Cameroon's Nachtigal Dam injects its first 60 megawatts into the national power grid, marking a significant milestone in the country's energy journey. #Cameroon #NachtigalDam #HydroelectricPower #EnergyInfrastructure #RegionalDevelopment

Cameroon’s quest for enhanced energy production took a significant stride as the Nachtigal Dam, a monumental hydroelectric project, injected its initial 60 megawatts (MW) into the Southern Interconnected Grid (RIS) on May 10, 2024. This momentous occasion was marked by the presence of the Minister of Water and Energy, Gaston Eloundou Essomba, along with other dignitaries. The Nachtigal project,…

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Cameroon Renews Framework Agreement of Cooperation with ITFC

Cameroon renews its framework agreement of cooperation with the International Islamic Trade Finance Corporation (ITFC), signaling a commitment to bolstering international trade and economic development. The agreement, signed by the Minister of Economy, Pl

In a move aimed at fortifying international trade and economic development, Cameroon has renewed its framework agreement of cooperation with the International Islamic Trade Finance Corporation (ITFC). The documents were signed on April 27, 2024, in Riyadh, Saudi Arabia, by Alamine OUSMANE MEY, the Minister of Economy, Planning, and Territorial Development, and Hani Salem Sonbol, the…

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Cameroon Implements Ban on Importation of Starlink Kits to Safeguard National Security Amidst Ghana's Approval

Cameroon Implements Ban on Importation of Starlink Kits to Safeguard National Security Amidst Ghana's Approval

In a recent directive issued by the Director General of Customs, Cameroon has taken decisive steps to address concerns regarding the importation of telecommunication equipment known as Starlink. The directive, issued through the Directorate General of Customs, Fongod Edwin Nuvaga, highlights the potential threat posed by these devices to national security. [See N° 004150/MINFI/DGD of April 15…

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Cameroon Red Cocoa Inches Closer to Labeling

As OAPI Awaits Coloration Analysis, Cameroon's Red Cocoa Inches Closer to Labeling. #Cocoa #Cameroon #agriculture #GeographicalIndication #OAPI #MarketPotential

As OAPI Awaits Coloration Analysis, Cameroon Red Cocoa Inches Closer to Labeling Cameroon red cocoa, acknowledged as a geographical indication (GI) product in 2019, is advancing towards official labeling by the African Intellectual Property Organization (OAPI).  In a recent international symposium on geographical indications in Africa, Michel Gonomy, Head of the Geographical Indications,…

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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. Instant Invoice Generator From: To: Invoice Description: Invoice Number: Invoice Date: Due Date: Purchase Order Number: Item Description: Quantity: Unit Price: Add Item Description Quantity Unit…

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Simplify Your Tax Filing - Let's Handle Your 2023 Statistical & Tax Returns

Business owners are usually overwhelmed with the complex nature and challenges faced when filing end of year’s taxes, especially those struggling to catch up with deadlines. We can handle your 2023 Statistical & Tax Returns Filing. At OpenHub Consulting, we understand these challenges faced by small business and are there to make things easier for you. We help our clients simplify the process…

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The Ultimate Payslip Generator for Cameroon - 52000F to 62000F

Revolutionize payroll in Cameroon with our Payslip Generator! Effortlessly calculate salaries, deductions, and employer contributions. #PayrollManagement #Efficiency #CameroonBusiness

Revolutionize payroll management with our cutting-edge Payslip Generator for Cameroon! Seamlessly compute salaries, deductions, and employer contributions for precise and hassle-free payroll processing. Experience efficiency like never before!” Payslip Generator Payslip Generator Employee Name: Employee ID: Pay Period: Company Name: Employer Tax ID: Date of Issue: Enter Salary (between…

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Actual Earnings Online Monthly Tax Calculator Cameroon

Simplify your monthly taxes with our Online Monthly Tax Calculator designed for businesses under Cameroon's Actual Earnings Tax System. Stay compliant, accurate, and efficient in your tax management. #TaxSimplified #CameroonBusiness #OnlineTaxCalculator

Understanding Cameroon’s Actual Earnings Tax System: Simplify Your Monthly Taxes with an Online Monthly Tax Calculator. Monthly Tax Calculator (Actual Earnings Taxation System) Calculate the monthly tax for taxpayers of the Actual Earnings Taxation System in Cameroon. Enter the turnover for the previous month and click “Calculate Monthly Tax”. Enter Turnover for Previous Month (XAF): Calculate…

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Simplified Taxation System: Monthly Tax Calculator Cameroon

Monthly Tax Calculator for businesses in Cameroon's Simplified Taxation System. Easily compute your monthly tax obligations, ensuring compliance and accuracy. #TaxCalculator #SimplifiedTaxSystem #CameroonBusinesses

Simplified Taxation System in Cameroon: Use our Monthly Tax Calculator to Simplify Your Tax Calculations. Monthly Tax Calculator (Simplified Taxation System) Calculate the monthly tax for taxpayers of the Simplified Taxation System in Cameroon. Enter the turnover for the previous month and click “Calculate Monthly Tax”. Enter Turnover for Previous Month (XAF): Calculate Monthly Tax Use VAT…

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VAT Calculator Cameroon

Calculate VAT amount and total including VAT for transactions in Cameroon with this user-friendly VAT calculator. Easily determine VAT amounts and total transaction values in XAF currency. #VATCalculator #Cameroon #XAF #transactions

Use VAT Calculator Cameroon to calculate VAT for Cameroon. Enter Amount (XAF): Calculate VAT Amount VAT in Cameroon Value Added Tax (VAT) is a consumption tax imposed on the value added to goods and services at each stage of production or distribution in Cameroon. Businesses with a turnover of XAF 50,000,000 and above are liable to collect VAT. VAT plays a significant role in Cameroon’s…

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Deadline Extension: Cameroon's Taxpayers Get Breather Amidst Internet Disruptions

If you haven’t heard yet, it’s time for a friendly reminder. The Minister of Finance in Cameroon, in a recent announcement on March 15, extended the deadline for filing and payment of February’s tax to March 22, 2024. You read that right – the new deadline is now March 22, 2024. As many of us experienced firsthand, the internet disruptions from last week really put a wrench in things. These…

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Cash Payment Ceiling Reduced in Cameroon

Cash payment limits reduced from 500K to 100K in Cameroon. In this post, you’ll see how to adapt your payments with the altered cash ceiling. In today’s tax tip, I will share an update on Cameroon’s tax laws that you’ll want to be aware of. As you may have known, the 2023 Finance Law recently passed some changes in the General Tax Code of Cameroon. Today, I’ll be writing about one important…

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Answering Your Biggest Question: How Soon Will My Order Arrive?

How soon can I expect to receive the wholesale package after making my selection and payment? Start your baby clothing business today!

Need Supplies ASAP? Here’s How Quickly We Can Ship Your Order! If you’re to get the answer on how we can deliver your package, then this post we give you all the answers you need. If you are reading now or want to start your own baby clothing business, then you have to read this initial post I made on how to start a baby clothing business as a sit-at-home mom. Starting such a business, one of…

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Work from Home Opportunity - How to Empower a Sit-at-Home Mom by Selling Baby Clothing

Explore exciting work from home opportunity tailored for Cameroonian moms. Handpick baby products at wholesale prices and resell. Let's help you, kick-start your journey to financial independence with ease.

Many moms have been asking me inbox on how this work from home opportunity works. So I have decided to make this blog post as an answer to their questions. Hey there, fellow Cameroonian mom! If you’re here, then you must have read Let’s Empower Sit-at-Home Moms Today and is curious about how this work from home opportunity could change your life, right? . If not, go and read it, then come back…

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Navigating Business Growth

In the bustling business landscape of Bonamoussadi, our coworking space, 3ConeX, has become a hub for professionals seeking a collaborative and organized work environment. Recently, one of our valued clients expressed their appreciation for our evolving services (business growth alert), particularly highlighting our MTN Home NoLimit internet bundles that come with a free internet Wi-Fi box. The…