TAX COMPLIANCE
Tax compliance in Cameroon is a legal requirement for all individuals and businesses carrying out economic activity. The tax system is managed by the Ministry of Finance through the Directorate General of Taxation (DGI).
Every registered business must declare income, pay taxes on time, and maintain proper accounting records to avoid penalties, fines, or even business suspension.
At Apex Prime Invest, we simplify this complex system and ensure your business remains fully compliant at all times.
OUR TAX COMPLIANCE SERVICES
Tax Registration & Setup
We help you obtain your NIU and register your business correctly.
Accounting Support
We ensure your records meet OHADA accounting standards.
Audit Assistance
We represent and support you during tax audits or inspections.
Monthly & Annual Filing
We prepare and submit:
- VAT returns
- Corporate tax declarations
- Payroll tax filings
Tax Advisory
We guide you on:
- Tax planning strategies
- Legal deductions
- Compliance optimization
โ๏ธ KEY TAX OBLIGATIONS IN CAMEROON
Every business must meet the following legal obligations:
๐งพ Tax Registration (NIU)
- Register with tax authorities
- Obtain Unique Taxpayer ID (NIU)
- Required for legal operations & invoicing
๐ Corporate Income Tax (CIT)
- Tax on business profits
- Annual tax period (calendar year)
- Applies to Cameroon-source income
๐ Declarations
- Monthly VAT & tax filings (by 15th)
- Annual returns (MarchโMay)
- Zero declarations required if no income
๐ฐ VAT Compliance
- Standard rate: 19.25%
- Applies to goods & services
- Monthly filing & payment
๐ Record Keeping
- Maintain invoices & accounts
- OHADA accounting system
- Required for tax audits
๐ฎ Withholding Taxes
- Deduct from staff/suppliers
- Remit to tax authorities
- Strict compliance required
๐จ PENALTIES FOR NON-COMPLIANCE
- Heavy financial penalties
- Interest on late payments
- Tax reassessment by authorities
- Business suspension or closure
WHY TAX COMPLIANCE IS IMPORTANT
- โ Avoid legal penalties
- โ Maintain business credibility
- โ Access banking and financing
- โ Operate legally in Cameroon
- โ Build investor trust
- ย