Rwanda Corporate services

Introduction

Business registration takes 24 hours at Rwanda Development Board and you have your trading license and Tax Identification Number (TIN) as well as all issues relating to the Social Security of your employees.

Why set up in Rwanda?

• A steady and high growth rate (averaging over 7% in the last decade) -it is one of the most favorable business environments on the African continent
• Significant progress in governance and relative political stability
• Access to a market of over 10 million people with a rapidly growing middle class
• Untapped investment opportunities in infrastructure, agriculture, energy, Tourism, Information and Communication Technology, Real Estate and construction, Finance services, and mining

Types of companies

Companies are categorized into two broad categories;

A Private Company restricts the right to transfer its shares and debentures; limits the number of its shareholders to one hundred; and also prohibits any invitation to the public to subscribe for any shares or debentures of the company. If a company has only one shareholder, it is presumed to be a private company.

Public Companies refer to entities that have offered shares to the public through private placement or through an initial public offer and its securities have been listed in one or more stock exchanges

Types of Companies and Requirements

Table will come here

Taxation in Rwanda

The Tax Regime in Rwanda is quite straight forward with the tax rate for personal Income ranging from 0 to 30 %, Corporation Tax is at 30%, and VAT at 18%.

We hope that this article answers most of your questions on How to register a business in Rwanda. Feel free to Contact Us for more details and help with the registration process.