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Cameroon Publishes Amendments to Investment Incentive Law

24 August 2017

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Approved Changes

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Cameroon

Cameroon has published Law No. 2017/015 of 12 July 2017, which amends and supplements certain provisions of the Investment Incentives Law (Law No. 2013/004). The changes are primarily meant to clarify, simplify, and expedite the investment incentives process, and include: New definitions of key terms for the purpose of the Law and the related regulations; Revised qualifying conditions for the investor tax credit (to be clarified in new regulation), one of which must be met for the benefit to apply: Employ at least five young higher education graduates each year; Combat pollution; Develop sporting, cultural or social activities; Develop public...