Yaoundé - 08 December 2022 -
Public management

Cameroon:govt to raise stamp price by CFA500

Cameroon:govt to raise stamp price by CFA500
  • Comments   -   Tuesday, 22 November 2022 02:06

(Business in Cameroon) - The Cameroonian government announced it is increasing the price of stamps for FY2023. The price is going from CFA1,000 currently to CFA1,500, up CFA500, according to the draft of the 2023 finance bill.

The government says this move is aimed at expanding the tax base. In 2005, the price of the ordinary tax stamp was increased from CFA500 to CFA1000. In 2020, other changes were introduced. For example, the State decided to dematerialize the stamping of documents. It is now done exclusively using the stamping machine and as a result, the Ministry of Finance (Minfi) no longer sells mobile stamps. This reform, which was aimed at securing tax revenues, is also part of the measures to facilitate and modernize the collection of taxes.

Let’s recall that stamps are required for the legalization of certain administrative documents, including diplomas, civil status documents, documents required for economic agents, etc.


The Development Bank of Central African States (BDEAC) announced the launch of its third consecutive bond issue on the Douala-based Central African Stock...
Cameroon wants to borrow CFA 4.46 billion from Unicredit Bank Austria. According to official information, the money will be used to carry out a public...
The U.S. agency Fitch Ratings issued a report on December 2 maintaining Cameroon's rating at B with a stable outlook on all long-term foreign currency...
Cameroonian exporters shipped goods to 128 countries overall last year, according to a report recently published by the national institute of statistics....

Mags frontpage

Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer

Albert Zeufack: “Today, the most important market is in Asia”

Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir

Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »