Finance Law Preparation: Taxation Remains Major Concern For 82% of Businesses

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Finance Law Preparation: Taxation Remains Major Concern For 82% of Businesses

The revelation was made during a Private Sector meeting with the General Manager of Taxation.

02 Sep 2026 11:55

T axation remains one of the biggest constraints for businesses in Ca meroon, with 82% of companies complaining about tax-related problems. The re velation was made during the annual public-private dialogue between tax authorities and business leaders. Speaking on behalf of the private sector, the President of the Chamber of Commerce, Industry, Mines and Crafts, Christophe Eken, said that behind the statistics are jobs and wealth creation that may be jeopardised if the issues are not addressed. In a strong call for reform, the President of CCIMA said the meeting, which has become a genuine tradition, must now be turned into a permanent tool for improving relations between tax authorities and businesses, stressing the need to avoid a fruitless confron tation, noting that the State needs revenue for allocation, redistribution, and stabilisa tion, while businesses need conditions conducive to their development. “Our common objective must be to make taxation an instrument of development, rather than a factor that discourages private initiative,” he added. Among major concerns raised were the complexity of proce dures and reporting obliga tions, interpretation of tax provisions, tax audits, handling of claims and disputes, and delays in VAT credit refunds, and called for a tax system that is simpler, clearer,...