It has been proved beyond doubt that Rwanda Business environment in the best in Africa. That support the reasons why you should make business investment in Rwanda .
The fastest global business reformer on ease of doing business in the World Bank Doing Business Survey 2010 rankings, rising up a record 76 places in 1 year – Rwanda is on a path to growth through private investment .
“Rwanda is the most undervalued stock on the continent and maybe in the world” - Fortune Magazine.Rwanda’s vision for growth through private investment begins with the President’s Vision 2020.
“The major aspiration of Vision 2020 is to transform Rwanda’s economy into a middle income country...
this will not be achieved unless we transform from a subsistence agriculture economy to a knowledge-based society, with high levels of savings and private investment.”
President Kagame, recognized globally as the “CEO President”, is advised by a team of global business leaders
To allow for this growth, Rwanda has taken many steps:
Simple business taxation for investors
• As an EAC custom union member, Rwanda has:
o Duty free importation for products produced within EAC
o Common external tariff: 0% on Raw materials and Capital Equipment; 15% on intermediate goods; 25% on finished goods
• Constitutionally protected free repatriation of capital and profits
• 100% write off of R&D costs
• Additional fiscal incentives in strategic sectors
• Continuing work to simplify the taxation system