ELIGIBLE BUSINESS SECTORS
The scope of the Investment Code includes the following activities:
- processing raw materials into semi-finished or finished products;
- extraction and processing of mineral resources;
- processing of hydrocarbons;
- logging and wood processing;
- agricultural and agro industrial fish farming, industrial and artisanal fishing;
- Storage and food preservation activities;
- manufacture of materials necessary for construction, building construction and implementation of public works;
- maintenance of industrial equipment access on the manufacture of spare parts;
- technological research activities and data management, laboratory hospital as well as pharmaceutical analysis training;
- testing laboratory for analysis and control of raw materials and semi-finished products used or produced by industry;
PREFERENCE SCHEDULES GRANTED AND BENEFITS
The basic schedule: Granted for a period of8 years to businesses that create a certain level of employment and export at least 25% of their production and / or use national resources up to at least 25% of the value of inputs,
SME schedule: Granted for a period of 10 years to companies that meet the following three conditions: creation of a given level of employment; achieving a level of investment less than or equal to one billion five hundred million CFA and contribution of a Cameroonian or a Cameroonian corporation to the company's capital for up to at least 35%.
Strategic schedule : Granted for a period of 17 years to any investment activity carried out in a field declared as strategic and that meets one of the specific criteria below;
- Annual export activities of at least 50% of the company's turnover tax-free;
- use of local natural resources to a maximum of 50% of the value of inputs;
- creation of permanent jobs in Cameroon up to at least one job for twenty million CFA francs of investment planned.
