Cameroon | CNPS Sector Activity Minimum
There are various minimum amounts for CNPS Revenue, which depend on the activity of each sector. The CNPS Revenue base cannot be lower than the Guaranteed Minimum Interprofessional Wage (SMIG), which is set at 36,270.00 per month.
Minimum:
The minimum CNPS amount for each sector activity are as follows:
For a sector activity minimum to be applied, a selection must be made on the statutory custom field ‘Sector Activity’ on the Basic
Company Information screen.
If no Sector Activity is
chosen, then the old minimum wage of 36 270 CFA
francs will apply. If the employee has income less than
the applicable minimum wage, then the minimum
wage will return as the income. If the employee is new or terminated within the month,
then the minimum wage will be pro-rated based on the
“Number of Days Worked” note component. The
minimum will be divided into 30 and multiplied by the
number of days worked.
Maximum:
The maximum monthly base applied is 750 000.00 CFA
francs. The max is not pro-rated if the employee is new
or terminated within the month.
Related Articles
Tunisia | Work Accident and Occupational Disease Sector Percentage
The Work Accident and Occupational Disease component calculates based on a sector percentage. The percentage varies according to the sector of activity, ranging from 0.4% to 4%. The percentage must be advised on the component. Navigate: Config> ...
Cameroon Product User Guide
To aid our users in the understanding and application of compliance in Cameroon, PaySpace has released an external Product User Guide. This is a "How to guide" to follow during country implementations, company maintenance and for support queries.
Cameroon Payroll Tax Guide 2024
The Cameroon Payroll Tax Guide is an easy-to-understand summary of statutory contributions associated with payroll for the 2024 tax year.
Cameroon | How to Exempt an employee from CRTV Contributions
The Audiovisual Communication Tax (RAV) is a license fee intended to contribute to the development of audiovisual activity instituted for the benefit of the Cameroon Radio-Television Corporation (CRTV). Exemptions of CRTV contributions do apply to ...
Cameroon Payroll Tax Guide Infographic 2023
The Cameroon Payroll Tax Guide Infographic i an easy to understand summary of statutory contributions associated with payroll for the 2023 tax year.