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

โš–๏ธ KEY TAX OBLIGATIONS IN CAMEROON

Every business must meet the following legal obligations:

๐Ÿงพ Tax Registration (NIU)

  • Register with tax authorities
  • Obtain Unique Taxpayer ID (NIU)
  • Required for legal operations & invoicing

๐Ÿ“Š Corporate Income Tax (CIT)

  • Tax on business profits
  • Annual tax period (calendar year)
  • Applies to Cameroon-source income

๐Ÿ“… Declarations

  • Monthly VAT & tax filings (by 15th)
  • Annual returns (Marchโ€“May)
  • Zero declarations required if no income

๐Ÿ’ฐ VAT Compliance

  • Standard rate: 19.25%
  • Applies to goods & services
  • Monthly filing & payment

๐Ÿ“ Record Keeping

  • Maintain invoices & accounts
  • OHADA accounting system
  • Required for tax audits

๐Ÿ‘ฎ Withholding Taxes

  • Deduct from staff/suppliers
  • Remit to tax authorities
  • Strict compliance required

๐Ÿšจ PENALTIES FOR NON-COMPLIANCE

  • Heavy financial penalties
  • Interest on late payments
  • Tax reassessment by authorities
  • Business suspension or closure

WHY TAX COMPLIANCE IS IMPORTANT

  • โœ” Avoid legal penalties
  • โœ” Maintain business credibility
  • โœ” Access banking and financing
  • โœ” Operate legally in Cameroon
  • โœ” Build investor trust
  • ย 
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