The Social Security Rate For Companies in Cameroon stands at 16.20 percent. source: Ministry of Labor and Social Security

Social Security Rate For Companies in Cameroon is expected to reach 16.20 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cameroon Social Security Rate For Companies is projected to trend around 16.20 percent in 2021, according to our econometric models.

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Cameroon Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
16.20 16.20 16.20 16.20 2004 - 2019 percent Yearly

Cameroon Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 33.00 33.00 38.50 33.00 percent [+]
Personal Income Tax Rate 38.50 38.50 38.50 35.00 percent [+]
Sales Tax Rate 19.25 19.25 19.25 19.25 percent [+]
Social Security Rate 20.40 20.40 20.40 19.00 percent [+]
Social Security Rate For Companies 16.20 16.20 16.20 16.20 percent [+]
Social Security Rate For Employees 4.20 4.20 4.20 2.80 percent [+]


Cameroon Social Security Rate For Companies
In Cameroon, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Cameroon because they help to pay for many social programs including welfare, health care and many other benefits.