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Incentives for Digital Economy Production in Cameroon (By Achare Takor)

By Achare Takor Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor to fundamental economic change, notably the growth in global production and the distribution of intangible goods and services. As a result, the digital economy has become the new focus for economic growth in developing countries. With ICT set to become the engine of development in Cameroon in its role as a hub in the Central Africa sub-region, the 2021 tax scheme has been updated to promote innovative ICT start-ups. Eligibility for the benefits of the start-up promotion scheme is subject to the consent of Approved Management Centres dedicated to start-ups. The specific obligations of the Approved Management Centres shall be specified by instrument issued by the Minister in charge of finance.

Byachare takorAchare takorCenturion law groupCentral africaApproved management centresIntellectual property deskCenturion law groupdistributedCenturion lawசிஇஎன்டியுவ்ஆர்ஐஓஎன் சட்டம் குழுசிஇஎன்டியுவ்ஆர்ஐஓஎன் சட்டம்

Energy Capital & Power Confirms High-level Sponsors for South Sudan Oil & Power 2021 Event

Energy Capital & Power (www.EnergyCapitalPower.com) is excited to announce the confirmation of several high-profile sponsors for its South Sudan Oil & Power

South sudanMinistry of petroleumAl qahirahSouth africaWilayat bahr al jabalNahr an nilJames chesterKelly ann mealiaSudd petroleum operating companyTrinity energyCenturion law groupAfrica oil powerDar petroleum operating companyEnergy capital powerMinistry of energyCenturion law group as gold

How can Mauritius take advantage of the African Continental Free Trade Area (AfCFTA)?

Maurice Info Search Mauritius, being strategically located between Asia and Africa, praise itself as having one of the continent’s most stable regulatory environment. The Mauritius Financial Centre has built a reputation as a safe, trusted and competitive financial center, which has enabled it to position itself as the preferred jurisdiction for Foreign Direct Investments (FDIs) flows to the continent, since the country can serve both the Francophone and Anglophone Africa. Mauritius and the other Africa countries are long known for the ties they share, both politically and economically. Mauritius ranks first in Africa has also made its way to Africa by being a member to two of the continent’s most important trade blocs, namely the Southern African Development Community SADC, and the Common Market for Eastern and Southern Africa (COMESA). Through these memberships, many foreign entrepreneurs have set up their businesses in Mauritius to gain from the trade advantages offered.

South africaAfrican development bank group economic outlookMauritius financial centreCenturion law groupWorld trade organizationFinancial servicesWorld bankSouthern african development communityAfrican unionForeign direct investmentsCommon marketSouthern africaAfrican continental free trade areaGlobal businessMauritius intra africaMauritius export warehouse

How can Mauritius take advantage of the African Continental Free Trade Area (AfCFTA)? (By Chido Pamela Mafongoya & Veedushi Mooloo)

How can Mauritius take advantage of the African Continental Free Trade Area (AfCFTA)? (By Chido Pamela Mafongoya & Veedushi Mooloo)
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Centurion law groupCenturion lawசிஇஎன்டியுவ்ஆர்ஐஓஎன் சட்டம் குழுசிஇஎன்டியுவ்ஆர்ஐஓஎன் சட்டம்

A Re-Definition Of The Term Public Character And Its Impact On The Taxability Of Non-Governmental Organisations In Nigeria – AfricaBusiness com

By Ibrahim Moshood, Associate and Tozaye Balogun, Director of Tax Services, Centurion Law Group The Federal Inland Revenue Service (“FIRS”) recently issued a Revised Information Circular on the Tax Treatment of Non-Governmental Ogranisations (NGOs), hereafter referred to the as “Revised Information Circular” or “the Circular”. The Circular, published on 31 March 2021, amends, updates or replaces the FIRS’ initial information circular (issued in 2010) on the tax exemption status of NGOs – but only to the extent that the initial circular contains information that is inconsistent with the Revised Information Circular. The Revised Information Circular reiterates the tax-exemptions, filing and other compliances obligations of NGOs. It also provides clarification on the application of the term “public character” to NGOs when evaluating their eligibility to enjoy the tax exemptions granted under the Companies Income Tax Act (CITA). It is noteworthy that the FIRS’ cla

Ibrahim moshoodTozaye balogunOgranisations ngosTax servicesRevenue serviceCenturion law groupCompanies income tax actCenturion lawFederal inland revenue serviceRevised information circularTax treatmentNon governmental ogranisationsRevised informationFinance actAllied matters actTax statute