INTRODUCTION TO CORPORATE REGULATORY COMPLIANCE IN CAMEROON The corporate business environment is regulated by certain requirements to be met for the effective operation of its business in Cameroon. When the necessary corporate regulatory compliance is adhered to by companies, it brings sustainable development to that organization. The major statute that imposed various regulatory compliance in …
INTRODUCTION TO STAMP DUTY OF LEASE AGREEMENT There has been a lot of controversy and misconceptions from a lot of quarters in the last few days on the fee payable for registering lease agreements or stamp duty of lease agreement. This has largely been due to the lack of accurate information on registration of lease …
DEFINITION OF COOPERATIVE SOCIETY A Cooperative Society is a voluntary association of individuals united by a common bond, who have come together to pursue their common goals for their benefit. It is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspiration through a jointly owned organization. …
DECLARING TAXES IN CAMEROON Tax declaration system requires taxpayers to declare their income and how much taxes they have paid. On the one hand, declaration procedure in Cameroon can be done manually at the level of small tax units before the 15th of every month. On the other hand, declaring taxes in Cameroon can also …
INTRODUCTION TO CHILD RECOGNITION AND LEGITIMATION IN CAMEROON. Children born or conceived when there is a valid and subsisting marriage between their parents are referred to as legitimate children while those of unmarried parents are illegitimate. A legitimate child is one regarded by law as a child born with full rights and it confers on …
INTRODUCTION TO ONLINE SCAMS Like many other industries, the eCommerce and retail landscape has also witnessed a transformation, following the increase in internet penetration in Cameroon. Businessmen now shop online, causing more people to take their businesses online through owned websites or online stores via social media. Unfortunately, this rapid increase in online trading has …
INTRODUCTION TO TRACK A STOLEN PHONE Despite the varying opinions, the fact is that phone theft is an epidemic. Millions of phones are stolen in Cameroon every year. Think about that, by the time you finish reading this post at least one person would have their device stolen. The inconvenience of losing your phone cannot …
INTRODUCTION ON VOLUNTERISM AGREEMENT IN CAMEROON In Cameroon, Law No.2021/015 of 9 July was enacted to organize and promote volunteering in Cameroon have made it possible for national and international Non- profit organizations to regularly mobilize eager volunteers trying to enhance a particular skill, make business connections, or add relevant experience to their resume. This …
INTRODUCTION TO CAMEROON LAW ON TAX OFFENCES In Cameroon, there are limitations applicable to tax offences in Cameroon and various litigation, so it is necessary to understand the statute of the limitation period in Cameroon before going to court. The statute of limitation is a law that defines the period during which a lawsuit can …
PROCEDURE FOR REGISTERING A WORKER AT CNPS CNPS workers registration procedure is referenced in Ordinance No 73-17 of 22nd May 1973 instituted the National Social Insurance Fund (CNPS) which establishes the Employee Compensation Scheme, which provides adequate and timely compensation for employees who suffer occupational hardship or the payment of social insurance benefits to workers. …
