New Fiscal Requirement for Cameroonian Exit Visas Aims to Boost Revenue

Soukaina Sghir
Soukaina Sghir
2 Min Read
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In a significant development, effective January 1st, a new provision requires individuals seeking exit visas from Cameroon to comply with tax regulations. This measure, implemented as part of the 2024 finance law, is designed to enhance government revenue through increased tax compliance.

Replacing the previous “non-tax liability certificate,” the law introduces a more comprehensive “tax compliance certificate” (TCC). Noteworthy features include the exclusive issuance of this document through electronic means, its mandatory presentation for import-export transactions, as well as visa applications at foreign embassies and consulates within Cameroon.

The government underscores that this initiative catalyzes fostering “fiscal citizenship” within the country. More critically, it aims to broaden the tax base by incorporating individuals and businesses that had previously eluded the tax authorities.

This measure directly targets unscrupulous business operators and players in the informal sector, constituting approximately 45% of the country’s GDP but contributing merely 5% in taxes, as estimated by the Ministry of Finance. The tax compliance certificate is positioned as a reform to integrate these potential taxpayers into the formal taxation system.

For individuals applying for exit visas from Cameroon, this translates into a requirement to demonstrate full compliance with fiscal obligations before the tax authorities. The government anticipates that this move will not only bolster its revenue but also serve as a means to bring more contributors into the tax framework, ultimately fostering a culture of responsible fiscal participation.

This strategic fiscal maneuver aligns with the government’s broader agenda to fortify the financial landscape, enhance governance, and cultivate a sense of civic duty among the populace. As Cameroon takes this step towards strengthening its fiscal infrastructure, it signals a commitment to sound economic management and responsible fiscal stewardship.

weafrica24

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