Notwithstanding the provisions of Section 18 above, associated gas exploitation activities shall enjoy the following tax benefits:
- Exemption from company tax for the first 5 (five) years of operation. At the end of the said period, the associated gas operator shall be liable to company tax at the reduced rate of 35 % (thirty-five percent);
- Exemption from registration fees for buildings leased solely for professional use as an integral part of the investment programme;
- Exemption from transfer fees on the acquisition of property, land and buildings essential to the implementation of the investment programme;
- Exemption from the graduated tax on production as provided for in the Petroleum Code;
- For the first 10 (ten) years of associated gas exploitation, deduction of depreciation normally recorded during the first 3 (three) fiscal years on taxable income from the next 5 (five) fiscal years.
Official text
Transcription: Spot-checked
In force from 08-09-2026
Source page 9
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Lex Cameroon does not hold a French version of this provision. You can read an unofficial machine translation — for understanding only, never to quote.