Starting a business in Rwanda

Posted: Nov 03, 2021

Government of Rwanda has done whatever to facilitate everyone to start business in Rwanda. The report of World Bank (2020) showed that, Rwanda is only one country in Africa where you can start business at Zero Cost.

See below how you can start, add or cease business activities in Rwanda.

1. Registering a local company

Cost: Free

Requirements:

• Copy of ID/Passport
• Complete two copies of Memorandum of Association Art 14 (downloaded on our website here)

2. Registering a branch of a foreign company

Cost: Free

Requirements:

• Power of attorney to present the company in Rwanda.(Notarised)
• A duly authenticated copy of the memorandum Articles of Association. (Notarised)
• Certificate of Registration/Incorporation issued by the registration authority in the country of incorporation. (Notarised)
• Notarised resolution from the authorized agency authorizing to open a branch.
• Passport copies of the shareholders/directors.
• List of directors residing in Rwanda (at least One)

3. Opening a local branch

Requirements:

• Notarised Resolution to open branch
• Complete the application form
• Payment of 5,000 rwf at RDB

4. Additional activities for individual businesses

Requirements:

• Completed application forms provided for changing of particulars
• Original registration certificate
• Payments slip (Receipt) 2,000 Rwf

5. Additional activities for companies

Requirements:

• One (1) notarized minutes of the Board meeting authorizing the filing of additional activities.
• Original Registration certificate.
• Payment of 7,000 rwf at RDB

6. Cessation of trading activities

Cost: Cessation fee RWF 5,000

Requirements:

• Letter addressed to the Registrar General, stamped by the Rwanda Revenue Authority (RRA). A copy to RRA
• Tax clearance certificate from RRA
• Original Registration certificate
• Minutes of Association notarized
• Payment Slip

Source of information : www.visitrwanda.com

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