Doing Business with Rwanda

A comprehensive guide to doing business, exporting, investing, and manufacturing in Rwanda.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Rwanda Development Board

Tel: +250 788 380 000
Email: info@rdb.rw
Web: www.rdb.rw

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Rwanda Revenue Authority

Tel: +250 788 185 500
Email: info@rra.gov.rw
Web: www.rra.gov.rw

National Chamber of Commerce

PSF Chamber of Commerce and Services

Tel: +250 788 305 272
Email: info@chamberofcommerce.rw
Web: www.chamberofcommerce.rw

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Finance and Economic Planning

Tel: +250 252 577 581
Email: info@minecofin.gov.rw
Web: www.minecofin.gov.rw

  • Type of Government: Presidential republic
  • Population: Approximately 13 million
  • GDP: Around $12 billion USD
  • Corporate Tax Rate: 30%
  • Personal Income Tax Rate: Progressive, up to 30%
  • Major Exports: Coffee, tea, minerals, pyrethrum
  • Major Imports: Machinery, equipment, foodstuffs, construction materials

Exporting goods to Rwanda involves several key steps. Here’s a comprehensive guide:

  1. Research Market Requirements

    • Understand Rwanda’s import regulations and product standards.
  2. Identify Your Product’s HS Code

    • Determine the Harmonized System (HS) code to understand tariffs and regulations.
  3. Prepare Documentation

    • Gather necessary export documents: commercial invoice, packing list, certificate of origin, and bill of lading.
  4. Check Tariff and Non-Tariff Barriers

    • Verify any tariffs and ensure compliance with Rwanda’s non-tariff measures.
  5. Select a Reliable Freight Forwarder

    • Choose a logistics provider experienced in shipping to Rwanda.
  6. Comply with Labeling and Packaging Regulations

    • Ensure your products meet local labeling and packaging standards.
  7. Arrange for Insurance

    • Secure insurance to cover potential shipping risks.
  8. Submit Customs Declaration

    • Work with your freight forwarder to submit the necessary customs declaration.
  9. Pay Applicable Duties and Taxes

    • Calculate and pay any required import duties and taxes.
  10. Track and Confirm Delivery

    • Monitor the shipment to ensure it reaches the destination safely.

Key Contacts

  • Rwanda Revenue Authority
  • Ministry of Trade and Industry

Importing goods into Rwanda involves several key steps. Here’s a detailed guide:

  1. Research Import Regulations

    • Familiarize yourself with Rwanda’s import laws and product-specific regulations.
  2. Obtain Necessary Licenses

    • Determine if your products require special import licenses or permits.
  3. Classify Your Goods

    • Identify the Harmonized System (HS) code for your products to understand tariffs and duties.
  4. Prepare Documentation

    • Gather required documents: commercial invoice, bill of lading, packing list, and certificate of origin.
  5. Choose a Customs Broker

    • Hire a licensed customs broker to assist with the import process.
  6. Comply with Labeling and Packaging Standards

    • Ensure products meet local labeling and packaging requirements.
  7. Submit Customs Declaration

    • File a customs declaration with the Rwanda Revenue Authority.
  8. Pay Duties and Taxes

    • Calculate and pay any applicable import duties and taxes.
  9. Arrange for Transportation and Delivery

    • Coordinate with a logistics provider to transport goods to their final destination.
  10. Track and Confirm Receipt

    • Monitor shipment progress and confirm delivery upon arrival.

Key Contacts

  • Rwanda Revenue Authority
  • Ministry of Trade and Industry

Incorporating a company in Rwanda involves several key steps. Here’s a detailed guide:

  1. Choose a Business Structure

    • Decide on the type of company, such as a Limited Liability Company (LLC).
  2. Reserve a Company Name

    • Ensure the company name is unique and not already registered.
  3. Prepare Incorporation Documents

    • Draft the Articles of Association and other necessary documents.
  4. Register the Company

    • Submit incorporation documents to the Rwanda Development Board (RDB).
  5. Obtain a Tax Identification Number

    • Register for taxation with the Rwanda Revenue Authority.
  6. Open a Bank Account

    • Open a corporate bank account in Rwanda to manage finances.
  7. Register for VAT (if applicable)

    • Apply for VAT registration if your business activities require it.
  8. Obtain Necessary Licenses

    • Apply for any industry-specific licenses required for your business.

Costs

  • Registration Fee: Varies depending on the type and size of the company.

Key Contacts

  • Rwanda Development Board (RDB)
  • Rwanda Revenue Authority

Setting up a manufacturing plant in Rwanda involves several key steps. Here’s a detailed guide:

  1. Conduct a Feasibility Study

    • Analyze market demand, location, and resource availability.
  2. Choose a Business Structure

    • Decide on the type of business entity, such as a Limited Liability Company (LLC).
  3. Register the Company

    • Register your business with the Rwanda Development Board (RDB).
  4. Secure Financing

    • Arrange funding through loans or investors.
  5. Select a Location

    • Choose an industrial area with access to infrastructure and resources.
  6. Obtain Necessary Permits and Licenses

    • Apply for construction permits, environmental clearances, and industry-specific licenses.
  7. Design and Construct the Facility

    • Hire architects and contractors to design and build the plant.
  8. Purchase and Install Equipment

    • Acquire machinery and ensure it meets safety and operational standards.
  9. Hire and Train Employees

    • Recruit skilled workers and provide necessary training.
  10. Set Up Supply Chain and Distribution

    • Establish relationships with suppliers and distributors.

Key Contacts

  • Rwanda Development Board (RDB)
  • Ministry of Trade and Industry

Registering a trademark in Rwanda involves several key steps. Here’s a detailed guide:

  1. Conduct a Trademark Search

    • Ensure your trademark is unique by searching existing trademarks in Rwanda.
  2. Prepare Your Application
    • Gather necessary details, including the trademark design and the list of goods/services.
  3. Submit the Application

    • File your application with the Rwanda Development Board (RDB).
  4. Pay the Application Fee

    • Pay the required fees for trademark registration.
  5. Application Examination

    • The RDB will examine the application for compliance and potential conflicts.
  6. Publication for Opposition

    • If approved, the trademark is published for a period during which others can oppose it.
  7. Receive Registration Certificate

    • If no oppositions are filed, you receive the official trademark registration certificate.

Costs

  • Application Fee: Varies depending on the specifics of the trademark.

Key Contacts

  • Rwanda Development Board (RDB)

Resolving commercial disputes in Rwanda involves several key steps. Here’s a detailed guide:

  1. Consult Legal Counsel

    • Engage a lawyer experienced in Rwandan commercial law for guidance.
  2. Attempt Negotiation

    • Try to resolve the dispute amicably through direct negotiation with the other party.
  3. Mediation

    • Consider mediation with a neutral third party to facilitate a resolution.
  4. Arbitration

    • Use arbitration for a binding resolution if both parties agree. Rwanda supports both domestic and international arbitration.
  5. Litigation

    • If other methods fail, file a lawsuit in the Rwandan commercial court system. Prepare for a formal legal process.
  6. Enforcement of Judgments

    • Ensure the decision is enforced through the relevant authorities.

Costs

  • Legal Fees: Vary depending on the complexity and length of the dispute.
  • Court Fees: Required for litigation and depend on the case specifics.

Key Contacts

When considering business in Rwanda, it’s important to understand various factors:

Social and Cultural Factors

  • Language: Kinyarwanda, French, and English are official languages. English is commonly used in business.
  • Business Etiquette: Building personal relationships is important. Punctuality and formal attire are valued.

Political Factors

  • Government: Stable presidential republic.
  • Stability: Known for political stability and strong governance.

Economic Factors

  • Currency: Rwandan Franc (RWF).
  • Key Industries: Agriculture, tourism, mining, and services.

Foreign Exchange

  • Exchange Rate: The RWF is relatively stable, but it’s essential to monitor currency fluctuations.
  • Regulations: Foreign exchange controls are in place; compliance with local regulations is necessary.

Rule of Law

  • Legal System: Based on civil law; known for effective enforcement.
  • Intellectual Property: Strong protections for intellectual property rights.

Infrastructure

  • Transport: Developing network of roads, railways, and air transport.
  • Utilities: Reliable energy and water supply, with ongoing improvements.

Key Contacts

  • Rwanda Development Board (RDB)
  • National Institute of Statistics of Rwanda

Our Members Include Leading Organizations in Rwanda

Ask our Experts on Doing Business in/with Rwanda

If you’re looking to do business or invest in Rwanda, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.