#TaxTip
Did you know?
#Businesses are obliged to deduct 5.5% of the amount invoiced by a freelancer for service provided?
This amount is deducted on behalf of the #tax #administration
#KnowYourTax #Cameroon #OpenHubDigital
https://openhub.site/tax-tips-for-businesses-in-cameroon/

#TaxTip
Did you know?
The #tax #rate applicable in #Cameroon is 30%.
However, there's an #additional #council tax - #ACT - which is 10% of the #principal #tax rate which brings all to 33%.
#openhub #digital
https://openhub.site/cameroon-tax-system/

#TaxTip
Did you know?
Losses resulting from #misappropriation by #managers / #partners or through negligence is a #non_deductible as a cost when calculating net #taxable #profit.
It's (in)directly attributable to manager(s) or partner(s) even in the case of #negligence.
#Cameroon
https://openhub.site/how-fraudulent-or-misappropriated-funds-are-treated-by-the-tax-administration/

Tax Clearance Certificate In Cameroon, 10 Things You Need To Know
https://wp.me/p9axXG-8bZ

13 Businesses You Can Start With no Capital in Cameroon
https://wp.me/p9axXG-1Bd

#EndPoverty with 14 #Businesses You Can Start With little or no Capital in #Cameroon.
Don't wait for someone to start #14 before you get inspired!
https://t.co/3OVjS2bvTf

Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed.

Every morning, a lion wakes up. It knows it must outrun the slowest gazelle or it could starve to death.

It doesn't matter whether you're a lion or a gazelle. When the sun comes up in Africa, you better be running.

Life is always a race for survival! --Anon
_ _ _
*A great week to you reading!*

Start, Run & Grow Your #BusinessInCameroon
https://openhub.site

#BeInspired
"A ship in harbor is safe, but that is not what ships are built for" - John Augustus Shedd
Your idea may be safe in your mind or in papers, but the only way to know if it's the right idea is to share and set free.
_ _ _
We help you Start, Run and Grow Your Business in #Cameroon
https://openhub.site/

#Q&A
You've got questions? We've got answers!
Checkout a selection of questions & answers for #October2019 on #OpenHubDigital.

=> Can I start a business with 50,000F?
=> What do I need to start a sole proprietor business?
=> Which should I choose - sole proprietorship or limited liability company?
=> Do you have a solution for applicant tracking system?
=> What is integrated agriculture?
_ _ _
Start, Run and Grow Your Business in #Cameroon
https://openhub.site/october-2019-questions-and-answers-on-openhub-digital/

#BeInspired
"When a bird builds its nest, it uses the feathers of other birds" - #African #proverb
You can't do it all alone and you'll do even less if you try. For success to be achieved, you have to cooperate with others to get things done.
_ _ _
Start, run & grow your business in #Cameroon with #OpenHubDigital
https://openhub.site

#TaxTip
Did you know?
Youth #unemployment in Cameroon - from 12.8% in 1998 to 5.81% in 2018 with the lowest, 4.40% in 2007.
Policy makers have implemented tax incentives to increase youth #employment. Read more 👇🏾👇🏾
_ _ _
Start, run & grow your business in #Cameroon with #OpenHubDigital
https://bit.ly/2Q6KGmN

#Mamfe
Did you know?
The minimum taxable wage in Cameroon is 62,000FCFA.👇🏾👇🏾
_ _ _
Start, run & grow your business in #Cameroon with #OpenHubDigital
https://bit.ly/35lZh2r