Cameroon corporate tax rate: 33% and the reduced rate
Cameroonian companies pay corporate income tax at 30%, plus an additional council tax of 10% of that tax, for 33% in total. Companies with smaller turnover can pay a reduced rate.
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"Cameroon corporate tax rate" and "cameroon company tax rate" are the main Cameroon tax searches. The answer has two parts: the tax and the council surtax.
The rates
| Company | CIT | With 10% CAC |
|---|---|---|
| General regime | 30% | 33% |
| Turnover up to XAF 3 billion | Reduced rate, reported as 25% | About 27.5% |
Check the current finance law, since rates and thresholds are set yearly.
Minimum tax
Companies under the real regime pay a minimum tax based on turnover, in monthly instalments. It is credited against corporate tax; if corporate tax is lower, the minimum tax is the final amount.
Records
The DGI expects records in line with the OHADA accounting system. Foreign currency receipts are recorded in XAF at the applicable rate.
Foreign clients
A Cameroonian company paid in euros or dollars by foreign clients records the revenue in XAF and must follow CEMAC rules on the inflow. See Cameroon CEMAC exchange rules.
Paying into Cameroon: the local rail
| What | Detail |
|---|---|
| Local rail | SYSTAC batch clearing and SYGMA real-time gross settlement; GIMAC for transfers between banks and mobile money |
| Run by | Banque des États de l'Afrique Centrale (BEAC); GIMAC |
| Settlement | SYSTAC the same or next business day; GIMAC transfers in minutes |
Source: BEAC: payment systems. Checked when this guide was last updated; the scheme's own page has the current figures.
Where Rivet fits
CEMAC rules decide whether a Cameroonian company may hold proceeds abroad, so Rivet does not pitch offshore accounts to Cameroonian-registered companies. Rivet serves registered companies in supported countries, including foreign companies owned by Cameroonian founders where eligible. Rivet is not a bank; regulated partner institutions hold the funds. See Cameroon companies paying foreign suppliers.
Questions people ask
What is the corporate tax rate in Cameroon?
30% plus a 10% additional council tax on the tax, for 33% in total, under the general regime.
Is there a reduced rate?
Yes, for companies with turnover up to XAF 3 billion, under recent finance laws. Check the current law for the rate.
What is the minimum tax?
A tax based on turnover, paid in instalments, credited against corporate tax. If corporate tax is lower, the minimum tax applies.
Who administers it?
The Direction Générale des Impôts (DGI).
Sources
Alexia compares the accounts, cards and payment tools companies weigh before they switch, and writes Rivet's market guides for founders in a specific country. Prices in Alexia's comparisons come from each provider's own pricing page on the date given in the article, rules come from the regulator or tax authority that sets them, and every source is listed at the end.
More from Alexia M. →This article is general information, not legal, tax or financial advice. Rules and fees change; check the sources above and the provider’s current terms before you act on them.
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