Information about Cameroon Minimum wage and taxes.

The minimum wage amount in Cameroon may vary depending on the age of the employee and the industry. In 2021, the net amount of the minimum wage in Cameroon was determined as 36,270 CFA Francs per month. However, this amount may be lower than what many employees actually receive. The tax system in Cameroon consists of various taxes such as income tax, corporate tax, value added tax and local taxes. Income tax may vary depending on the country's income and tax bracket. Income tax rates in Cameroon are as follows as of 2021: - Income tax withholding is applied at rates ranging from 0% to 10%. There are different tax brackets depending on income level. Corporate tax is a tax that companies pay on the profits they make. The corporate tax rate in Cameroon is generally 30%. Value added tax (VAT) is a tax applied to the sale of goods and services to consumers. The VAT rate in Cameroon is generally 19%. Local taxes are taxes determined by municipalities and may generally include various taxes such as real estate tax and environmental cleaning tax. Based on this information, you can get a general idea about the minimum wage amount and tax rates in Cameroon. However, since tax and fee policies may change from time to time, it is recommended that you confirm the most up-to-date information from official tax authorities or experts.