Doing Business and Company Registration in Rwanda – Did you Know that Rwanda is the country with the highest ranking in World Bank’s Ease of Doing Business index in Eastern Africa, and the country with the second highest ranking in Sub-Saharan Africa. The Rwandan GDP has on average grown at a rate of 7.1% since 2004 and after Company Registration in Rwanda you get access to the East Africa Community giving you access to a market of about 150 million people and a market size with a GDP of Billion USD 145.
The Tax Regime in Rwanda is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 30 %, Corporation Tax is at 30% and Vat at 18%.
For over 1 decade now, East Africa Business Consultants Has assisted many clients with the following Key Company Set Up Services in Rwanda;
|Entity||Subsidiary Company||Branch Company|
|How Long does the Company registration process Take?||3 Days||3 Days|
|How long Does it take to Open Bank Account?||5 Days||5 Days|
|After how Long can you Invoice and Hire||8 Days||8 Days|
|Minimum Number of Directors and Shareholders||1||–|
|Foreigner Can own the Company 100%||Yes||Yes|
|Can the entity hire expatriate staff||Yes||Yes|
|Tax Identification Registration required||Yes||Yes|
|Access to DRC double Tax treaties||Yes||Yes|
|Can bid for Government Contracts?||Yes||Yes|
|Can Secure Trade Finance?||Yes||Yes|
|Can Secure an Import and Export Licence?||Yes||Yes|
|Can Easily Convert into a PLC?||Yes||No|
|Can Secure Work permits for foreign Employees and Directors?||Yes||Yes|
|Multi Currency Bank Accounts Available?||Yes||Yes|
Kindly Click Here To Contact Us For Additional information on Company Registration in Rwanda or to Request for a Quotation.
How To Apply For An Investment Certificate In Kenya – The Kenya Investment Authority is mandated to issue the Investment Certificate to Foreign Investors that Invest at least USD 100,000 and Local Investors who Invest at least 1,000,000 KES. The Investors License Helps In Facilitating the Investor In terms of foreign taxpayer registration, immigration services, National Environmental Management Authority (NEMA) information, Kenya Power and Lighting Company (KPLC) services and Federation of Kenya Employers (FKE) services.
Another Major Benefit to the investor is that they are entitled to three class D Work Permits for management or technical staff and three class C, F or G Work permits for owners, shareholders or partners for a maximum period of two years.
We hope that this Blog gave you the insight you Needed on How To Apply for an Investment Certificate in Kenya. Feel free to Contact Us Today for any clarification on the same.
All the Best 😊
New Guidelines for application of work Permits in Kenya – The Government through the Interior Cabinet Secretary Dr Fred Matiangi has issued new guidelines requiring all foreigners looking to work in Kenya to apply for their work permits before their arrival in the country. According to the Department of Immigration Services, this move will help reduce the number of illegal foreign workers in the country.
The two Major forms of Permits Issued Include the Class G and Class D Work Permits
According to the Department of Immigration Services, this permit is issued to a person who is offered specific employment by a specific employer, the Government of Kenya or any other person or authority under the control of the Government or an approved technical aid scheme under the United Nations Organization or some other approved Agency (not being an exempted person under section 34 (3), who is in possession of skills or qualifications that are not available in Kenya and whose engagement in that employment will be of benefit to Kenya.
According to the Department of Immigration services, this permit is issued to a person who intends to engage, whether alone or in partnership, in a specific trade, business, consultancy or profession (other than a prescribed profession) in Kenya.
An applicant can also apply for a special pass which takes about 10 working days if they wish to enter Kenya or remain in Kenya for:-
Some of the New Guidelines are yet to be fully effected, We shall keep you Posted if there is a Change In the application Process. Feel free to Contact Us for any help in the application Process.
All the Best 🙂
How to Find Agents & Distributors in Kenya – Finding Agents & Distributors in Kenya can be at times a Daunting task for Companies and Business owners looking to expand their Market into this region. This However negate the need to find Local Agents and Distributors to help you access the Kenyan Market and also the Larger East and Central African Region with a total Population of about 140 Million People.
We really hope that this blog has answered your questions on how best to find Agents & Distributors in Kenya. Feel free to Contact Us Today for a detailed explanation on how best to Find Agents & Distributors in Kenya or for a customized approach that suits your specific needs.
Many thanks and all the best 🙂
Then Kenya is the Best Option for you. Kenya is one of the key logistical conduits into the East and Central African Market consisting of Kenya, Burundi, Djibouti, Democratic Republic of the Congo, Ethiopia, Rwanda, Somalia, South Sudan, Sudan, Tanzania, Uganda with an average GDP Growth of about 6%.
Many foreign companies establish their regional headquarters in Kenya due to the numerous Business opportunities and also because of the improvement of the ease of doing Business over time.