Rwanda

Rwanda

Government launches a new investment code

03 Jul 2015

Rwanda replaced the Investment Code of 2005 with a new Investment Code. The new regulations make available different tax incentives - an international company headquartered in Rwanda would be eligible for a 0% corporate tax rate if it fulfills certain minimal capital and local staff requirements, while any registered investor would be eligible for a 15% corporate tax rate if he undertakes certain operations such as energy generation, mass transportation or telecommunications. Additional corporate tax holidays of 7 or 5 years are also provided. The Investment Code also includes equal treatment between foreigners and nationals with regard to certain operations, free transfer of funds and compensation against expropriation.

Nature of measure:
  • Incentives
  • Other regulatory changes
Type:
  • Treatment and operation (Non-discrimination)
  • Promotion and facilitation (Investment incentives)
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: