Rwanda

We assist global clients looking to do  business in Rwanda with the A to Z of business setup without the need for the client to travel to Rwanda . Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Rwanda include i) the limited liability company (LLC/LTD) and ii) the branch office. See detailed comparison below:

Advantages and disadvantages of Rwanda company setup:

  • Vibrant industries ready for foreign investment especially agricultural, mining and manufacturing.
  • An LLC only requires 1 shareholder and 1 director who can be the same individual.
  • No mandatory minimum share capital requirement.
  • There are no foreign shareholding restrictions in all sectors of the economy.
  • Low levels of corruption. Rwanda is ranked the 4th least corrupt country in Africa.
  • Rwanda is 2nd easiest country in Africa for ease of doing business according to World Bank Doing Business Report 2020.
  • Stable economic and political climate
  • High computer literacy and low cost of living.
  • High corporate tax burden for local traders.
  • Low English proficiency.
  • High cost of transport for import & export due to the landlocked nature of the country.
  • Inconsistent application of tax incentives and import duties especially for foreign investors.
  • Unfair competition from state owned or ruling party affiliated companies in lucrative sectors.

Important links:

Company incorporation steps in Rwanda

  1. Choosing a company name: Girimba Consultants shall ensure the name is unique and complies with Rwanda regulations and shall reserve the name with the registration office.
  2. Prepare incorporation documents: We shall draft the Memorandum and Articles of Association and other documents and have the Client append their signatures.
  3. Submission of documents to the Ministry of trade: Girimba Consultants shall submit the incorporation documents to the Ministry of trade Rwanda .
  4. Certificate of Incorporation: The Certificate of Incorporation shall be Issued by the Rwanda Trade Registry.
  5. Trade Licenses and Permits: Our Team shall obtain the requisite industry specific licenses and permits for the company.
  6. Registration for Social Security: Girimba Consultants shall register the Company with the Rwanda Social Protection System for employee’s contributions and other agencies.
  7. Registration for Payroll Tax: Our Team will also register the Company with the RwandaTax Administration.
  8. Opening a bank account: Our Team shall help our Client open a Bank Account with a top tier bank in Rwanda .

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.