1. Sustained High Economic growth

• 2% average year-on-year real GDP growth rate from 2018-2023, stable inflation and exchange rate.
• One of the fastest growing African economies in the last decade; exceeding the avg. African growth rate.

2. Robust Governance

• Political Stability and Security: Rwanda has a low crime rate, fostering a sense of security and stability.
• Effective law enforcement: A transparent judicial system which ensure the rule of law is upheld.

3. Access to Markets

• Preferred access market for ~80m people living in proximity with additional access to African and global markets through robust free trade agreements such as EAC, COMESA and AFCFTA.
• Strong air connectivity with direct flights to Africa, Europe, Middle East and Asia and a USD 1 Bn dollar airport under construction.

4. Investor Friendly Climate

• No restrictions on foreign ownership and attractive tax incentives.
• Inclusive economic growth model prioritizing gender equality, youth empowerment and climate resilience.
• Rwandan government aims to have the largest number of double taxation avoidance agreements (DTAA) in Africa and beyond. So far Rwanda has signed agreements with Morocco, Mauritius, South Africa, Belgium, Qatar, Singapore among others.

5. Untapped Investment Opportunities

Potential opportunities for investment abound, particularly in the following sectors:

• Infrastructure
• Agriculture
• Real Estate and Construction
• Tourism
• Manufacturing
• Health
• Mining
• Information and Communication Technology (ICT)
• Global Business Services (GBS)

With the recent approved investment law, Rwanda has an array of investment incentives for investors ready to invest in the key priority sectors as indicated below:

Fiscal incentives

• Zero corporate income tax for companies planning to relocate headquarters to Rwanda
• 15% preferential corporate income tax for strategic sectors i.e. energy, transport, affordable housing, ICT and financial services.
• Accelerated depreciation of 50% for key priority sectors i.e. tourism, construction, manufacturing and agro-processing
• Exemption of capital gains tax
• Seven-Year corporate income tax Holiday for large projects in strategic sectors i.e energy, exports, tourism, health, manufacturing and ICT
• Repatriation of capital and assets

Non-Fiscal incentives

• Quick business and investment online registration
• Assistance with tax-related services and exemptions
• Assistance to access utilities (water & electricity)
• Assistance with obtaining visas and work permits
• One stop center that provides notary services
• Provision of Aftercare services to fast track project implementation
  NB: All fiscal incentives listed above have requirements that need to be fulfilled before they are granted