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.
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Type:
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Treatment and operation (Non-discrimination)
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Promotion and facilitation (Investment incentives)
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Industry:
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