In accordance with the trusteeship agreement between France and the United Nations, all nations had equal tariff treatment in Cameroon when it was a trust territory. Many types of goods essential for economic, social, and educational development were exempt from duty. Export duties were moderate. Despite this situation, the direction of Cameroon's trade was to the franc currency zone and importers were required to secure import licenses for non-franc zone products. Following independence, the import licensing system was continued, but was lest strict for EU countries.
In 1994, Cameroon's new Regional Reform Program included reduced taxes on imports from over 7% to 4%, and reduced the overall rate from a maximum 200% to a maximum 70% on luxury goods, and a minimum of 5% on necessities. Today, however, Cameroon employs the common external tariff (TEC) using four categories: necessities, 5%; raw materials and equipment, 10%; semi-finished goods, 20%; and finished products, 30%. There is also an excise tax, an indirect tax on consumer goods, of 25%, and a value-added tax that is generally 18.7%, but in some cases zero.
The 2000 Financial Law was designed largely to attract foreign capital, providing exemptions from export duties on bananas, cocoa, coffee, cotton, rubber, sugar, palm oil, and medicinal plants. Legislation to establish free trade zones was enacted in 1990. Prohibited imports include certain sanitary products, chemicals, toxic waste, some cosmetics, and some food items.
many thanks
Vivian
We thereby have the direct and indirect tax system. the indirect are mostly accomply with retailers or small and medium size business. while the direct tax system are use for large scale business.
Thanks for any help you can give to this queery.
I just wanted to ask about amount of import duty tax for 902830 (Electricity Meters) into Cameroon from Russian Federation.
Thanks for your attention and I'm looking forward for hearing reply.
I would like to know the import duty for natural Fruit juices, when imported into Cameroon from South America. thank you!
Am interested for commanding domestic electricity materials in Turkey like electrical reading meters, Wires and domestic electricity cable, Hiydro electricity distribution transformers.
Just to seek for an advice as concerning duties and the general taxes at the Douala sea port.
While waiting for your humble response.
Thanks
Am interested for commanding domestic electricity materials from Turkey to Cameroon, like electrical reading meters, Wires and domestic electricity cables, Hiydro electricity distribution transformers.
Just to seek for an advice as concerning their duties and the general taxes at the Douala sea port.
While waiting for your humble response.
Thanks
Thanks
Regards.
I wish to import a 2010 Mercedes E - 300 Elegance Full Option from South Korea to Douala - Cameroon. Autowin cost and shipment in full 20ft container is 9900 USD (CFR) . could you help me with an estimated cost of clearance ?
thanks