background image

Retained

  • Statutory Tax Rate 30
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 10
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 33

Statutory Tax Rate

The standard corporate tax rate is 30% (plus a 10% additional council surtax, resulting in an effective rate of 33%).

Effective 1 January 2020, a reduced corporate tax rate of 28% (plus a 10% additional council surtax, resulting in an effective rate of 30.8%) applies to companies with a turnover up to XAF 3 billion.

Effective 1 January 2021, a reduced corporate tax rate of 25% (plus a 10% additional council surtax, resulting in an effective rate of 27.5%) applies to companies listed on the Central African Stock Exchange.