Step-by-step guide to investment related procedures in Rwanda
Businessprocedures.rdb.rw is brought to you by the Rwanda Development Board (RDB). It is an online database designed to provide investors and entrepreneurs with full transparency on investment related procedures in Rwanda: at each step, the system tells you where to go, who to see, what you must bring, what you have to pay, what you will get, what is the legal justification, who to complain to in case you have a problem.
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For the Investment Teaser with key opportunities and projects in different sectors, click here.
To download the latest Investor's Info Pack with key information on all business licenses, requirements and incentives, click here.
The Service Charter 2017 spells out the different services that are provided by the departments within RDB that interfaces with clients on a day-to-day basis. The development of this Service Charter signifies our commitment to serve our clientele with a view to creating a better understanding of the services offered and enhancing our service delivery.
NAEB is the National Agricultural Export Development Board registered under Ministry of Agriculture and Animal Resources. Rwanda Tea Development Authority, Rwanda Coffee Development Authority and Rwanda Horticulture Development Authority were merged into NAEB: www.naeb.gov.rw
Rwanda Convention Bureau (RCB) is a strategic business unit of Rwanda Development Board’s Tourism and Conservation Department: www.rcb.rw
RCB promotes Rwanda as a premier destination and as your one-stop solution for assistance, information and neutral advice on hosting and organizing MICE / business events. Whether an international convention, association meeting, conference, incentive trip or exhibition the RCB is here to assist you with every step of planning for your event. Rwanda Convention Bureau is proud to be Africa’s latest International Congress and Convention Association (ICCA) Member. Rwanda has the proven capability and the necessary infrastructure to successfully host major international MICE events.
The Government of Rwanda is acutely aware that achieving the objectives of its Vision 2020 requires a substantial contribution by foreign investors, who need to be welcomed and assisted on the ground. This awareness is reflected in several ways in the investment regime. Starting a business is much easier and faster in Rwanda, according to the World Bank, than it is in any of its neighbors. So is registering property. There are no sectors that are barred to foreign investors and no restrictions on the percentage of equity they might hold. The Constitution of 2003 also guarantees investors against expropriation, except in the public interest and with fair and prior compensation, which may be repatriated.
• Varied opportunities Rwanda offers investment opportunities in just about every field, many focused on the local market and some on markets abroad. There are opportunities in manufacturing, for each type of investors targeting the local market, and the regional one, to which Rwanda’s strategic location provides good access. There are opportunities in agriculture: in the processing and export of coffee and tea, as well as in the virtually unexploited potential in horticulture and herbal products, where the terrain and climate are strong advantages. Then there is tourism, where the great asset is the mountain gorillas in Virunga but there is also a great diversity of fauna and flora and Lake Kivu in the west. Finally, the Government has made information and communication technology (ICT) a high priority and is in the process of developing a TechnoPark near Kigali to facilitate investment in this area.
• Soft assets: There are some very special features of Rwanda that are little known abroad, where the overriding association of the country is with the genocide of 1994. For one thing, it offers a safe and peaceful environment, with very low levels of crime (not something that can be said of many countries in sub-Saharan Africa). For another, there is very little corruption in the country, another distinct advantage among African and indeed among developing countries generally. For a third, it has a strongly development oriented Government, with a coherent vision of the future and a serious commitment to sustained reform. Lastly, Rwanda is an exceptionally beautiful country with a temperate climate (on account of its elevation), which would be very appealing to most foreign investors as a place to live in.
On Declaring Items into Rwanda, Tax Exemption & Import Restrictions visit:
20140407-FD.pdfClick on the link to read the article in Dutch newspaper Financieel Dagblad about doing business in Rwanda.
App - Business & Investment
Rwanda, 'the Switzerland of Africa', is an analogy not just owed to the breathtaking landscape of its mountainous terrain, but one that is also emblematic of Rwanda's steady social and economic developments. Peaceful and politically stable, Rwanda is also one of the fastest growing economies in the world.
Click here to download the English version of Discover Rwanda Business & Investment for the iPhone.