https://openhubdigital.com/caught-running-an-unregistered-business/
What if you are caught running an unregistered #business in #Cameroon.
See the fines and consequences for carrying an #economic activity in Cameroon prior to #registration.

#OpenHubDigital #CompanyIncorporationCameroon #KnowYourTaxes #incorporation

Year-end Accounting - Record All Business Expenses
Whether your business is established or you’re just beginning, tracking your business expense is a necessity.
When tracking your expenses, make sure you separate business expenses from personal expenses.

OpenHub Consulting Ltd
Call +237 699 421 947
| Company Incorporation | Business License
| Management & Accounting Services | Content Marketing

#FastTrackExcel

https://bit.ly/3ttQbOL

Compliance and legal requirements to register a company in Cameroon
Are you ready to start a business in Cameroon? I be sharing with you today the compliance and legal requirements to register a company in Cameroon.

OpenHub Consulting Ltd
Call +237 699 421 947
| Company Incorporation | Business License
| Management & Accounting Services | Content Marketing

#businesscreationinCameroon #businessincorporation

https://bit.ly/3INV6An

The taxable income as well as the income tax in Cameroon are determined based on the income from the preceding year. For example, the income earned during the 2021 financial year will be taxed in 2022.

In the above case, the year of assessment for 2021 financial year is in 2022 and the taxable period is 2021.

https://bit.ly/3pDlV2K

Year-end Accounting - Put together necessary paperwork
Most business owners juggle their year-end accounting procedures with the heavy sales and traffic they receive during the end of the year.

OpenHub Consulting Ltd
Call +237 699 421 947
| Company Incorporation | Business License
| Management & Accounting Services | Content Marketing

#DSF #StatisticalandTaxReturns #STR #yearendaccount

https://bit.ly/3HLowh8

Start preparing for your year-end accounts
As a small business, closing out the fiscal year may help you prepare better for the next one by going through relevant company data to understand the financial state of your business.

OpenHub Consulting Ltd
Call +237 699 421 947
| Company Incorporation | Business License
| Management & Accounting Services | Content Marketing

#accouting #STR

https://bit.ly/2U69Jrb

Get Your Company Registered in 7 Days in Cameroon
Get your company registered in Cameroon with us. Start up friendly, satisfied clients, deadline never missed!

OpenHub Consulting Ltd
Call +237 699 421 947
| Company Incorporation | Business License
| Management & Accounting Services | Content Marketing

#BusinessinCameroon #businessincorporation #businesslicense #BusinessRegistration #Cameroon #companyincorporatio

https://bit.ly/36WoJ4l

Photo from OpenHub Consulting Limited

Develop your kids' team-building and communication skills by enrolling them in *3ConeX HolidayCode*.
July 4, 2022 - August 5, 2022
Age: 7 - 17
Location: *3ConeX WorkSpace*, Behind Santa Lucia, #Bonamoussadi - #Douala
NB: Laptops available for each child
*#coding4kids*

A Sanitary Surprise

Last month, one of our clients, hit with an unexpected fee when he opened the doors of his business’ new location in Boanberi - the Hygiene and Sanitation Tax levied by councils in Cameroon!

Worried, he sent me a message including the notice from the council. This is something he wasn’t expecting, since he has always been paying his taxes regulary.

Do not be surprised when such happens to you. It’s a tax that exists and is found in the General Tax Code for Cameroon.

While keeping facilities spic-and-span is important, this tax is one regulation even clean owners may miss. Rates vary for food shops and industrial buildings.

Failure to pay this tax can result in a hefty fine, so be sure your biz is fully briefed. Check:

Check applicable sanitation tax rates
Review penalty for violation
An unsanitary surprise is no way to run a business. Stay informed on regulations to avoid any cleaning up at tax time. For more on Cameroon's Hygiene and Sanitation Tax, see the link in the comment section.

#HygieneandSanitationTax #SmallBusiness #CameroonBusiness #TaxCompliance #ShopHygiene #FoodSafety
https://openhubdigital.com/hygiene-and-sanitation-tax-in-cameroon/

#TaxTip

The threshold of cash payments in Cameroon has seen a significant reduction from XAF500,000 to XAF100,000.

Learn how your business can adapt by embracing electronic alternatives like Orange Money and MTN Mobile Money.

See the link in the comment section👇🏾. https://openhubdigital.com/cash-payment-ceiling-reduced-in-cameroon/

Due to recent internet disruptions, the tax filing and payment deadline for February 2024 was extended to March 22.

In Cameroon, taxpayers are obliged to file and pay advance taxes on a monthly basis, with the 15th of each month as deadline for the preceding month's activities.

In light of recent internet disruptions causing chaos in communication channels, the government acknowledges the necessity of providing taxpayers with additional time to meet their obligations.

Click link below to read more 👇🏾

Stay on top of your obligations and ensure timely compliance with the latest updates!
https://openhubdigital.com/cameroons-taxpayers-get-tax-filing-extension-amidst-internet-disruptions/

#CameroonTax #TaxDeadlineExtension #InternetDisruptions #TaxCompliance

Calculate VAT amount and total including VAT for transactions in Cameroon with this user-friendly VAT calculator.

Easily determine VAT amounts and total transaction values in XAF currency.
#VATCalculator #Cameroon #XAF #transactions
https://openhubdigital.com/vat-calculator-cameroon/