VATupdate

VAT rates in Cameroon

Quick overview

Standard Rate Reduced Rate Other Rates
19.25% N/A Zero-rated (0%) and exempt

The local name for VAT in Cameroon is Taxe sur la valeur ajoutée (TVA).

There is basically 1 VAT rates in Cameroon:

  • Standard VAT rate is 19.25%

Recent developments

For more information about (recent) rate change developments in Cameroon, please click HERE.

Standard rate: 19.25%

This rate applies for all transactions that take place in Cameroon, unless an exception applies (such as a reduced rate, the zero rate or an exemption, or a reason to treat the transaction as outside scope of VAT).

Zero rate (0%)

Examples of goods and services taxable at 0%, with the full right to deduct VAT

  • Exportation of taxable goods
  • Transactions carried out in free zones

Examples of exempt supplies of goods and services, no right to deduct VAT

  • ransfer of ownership of real estate and goodwill subject to transfer tax , registration duties or equivalent taxation
  • Educational institutions and universities
  • Basic food products, including but not limited to pesticides, fertilizers, beef (except imported meat), pharmaceuticals, etc.
  • Petroleum products for the refueling of airplanes of companies based in Cameroon
  • Supplies of water and electricity
  • Medical services
  • Materials and equipment for producing solar and wind energy
  • Urban public transport by bus
  • Interest on negotiable debt securities issued by the state, regional and local authorities
  • Interest on loans
  • Contracts and commissions on life insurance products with a savings component

 

A global VAT/GST rate overview can be found here (note this is a work in progress).

This post was last updated on October 16, 2021.

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