With an ever-globalizing world, it's not uncommon for individuals to move across borders, seeking new opportunities and experiences. If you're a tax resident in Cameroon and are planning to relocate, it's essential to understand the formal steps required to cease your tax residency in the country. Below is a comprehensive guide to help you navigate this process smoothly.
Step 1: Departure Notification
Inform the tax authorities of your intention to leave Cameroon. This should be done in writing and submitted to the local tax office where you are registered. Make sure to include your departure date and new residential address.
Step 2: Settlement of Outstanding Taxes
Ensure all outstanding taxes are settled before your departure. This includes income tax, property tax, and any other local taxes. Obtain a tax clearance certificate from the tax office, which confirms that you have no pending tax liabilities.
Step 3: Deregistration from the Tax Register
Formally deregister yourself from the tax register. This involves submitting a request to the tax authorities, along with your tax clearance certificate and any other required documentation.
Step 4: Update Personal Records
Update your personal records with relevant institutions in Cameroon, such as banks and social security, to reflect your change in residency status. This ensures that your financial and social records are aligned with your new status.
Step 5: Inform Social Security and Health Insurance
Notify the social security and health insurance institutions about your departure and cessation of tax residency. This will help in updating your contributions and benefits status accordingly.
Legal References
- General Tax Code of Cameroon, Sections 98-102
- Law No. 2002/003 of 19 April 2002 on the General Tax Code
- Decree No. 2003/651/PM of 16 April 2003 laying down the modalities of application of the General Tax Code
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