Cameroon, Republic of


Last reviewed - 01 August 2023

The Republic of Cameroon, a country located in Central and Western Africa, is bordered by Nigeria and the Atlantic Ocean to the west, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon, and the Republic of Congo to the south. Cameroon is divided into ten regions, with Yaoundé as the capital. Cameroon's currency is the Communauté Financière Africaine franc (XAF), and its official languages are French and English.

Cameroon has generally enjoyed stability, which has permitted the development of agriculture, roads, and railways, as well as a petroleum industry. Because of its oil resources and favourable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. International oil and cocoa prices have a significant impact on the economy. Since 1990, the government has embarked on various International Monetary Fund (IMF) and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalise the nation's banks.

PwC has an extensive network of offices in most countries on the African continent. PwC Cameroon offers a range of tax, audit, and consulting services. Our professionals support clients with local knowledge and skills, including in the area of taxation, and access to a broad range of other professionals across the PwC global network of firms.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%)


Corporate income tax (CIT) due dates
CIT return due date

15 March

CIT final payment due date

15 March

CIT estimated payment due dates

Minimum tax of turnover realised during each month shall be paid to the tax authorities not later than the 15th day of the following month, except where exemption applies.

Personal income tax (PIT) rates
Headline PIT rate (%)


Personal income tax (PIT) due dates
PIT return due date

15 March

PIT final payment due date

15 March

PIT estimated payment due dates

15th day of the month following the payment of wages/salaries.

Value-added tax (VAT) rates
Standard VAT rate (%)


Withholding tax (WHT) rates
WHT rates (%) (Dividends/Interest/Royalties)

Resident: 16.5 / 16.5 / 0;

Non-resident: 16.5 / 16.5 / 15

Capital gains tax (CGT) rates
Headline corporate capital gains tax rate (%)

Capital gains are subject to the normal CIT rate.

Headline individual capital gains tax rate (%)

Stocks and shares: 16.5;

Real property: 30

Net wealth/worth tax rates
Headline net wealth/worth tax rate (%)


Inheritance and gift tax rates
Headline inheritance tax rate (%)


Headline gift tax rate (%)


NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.