INZIRA

Incentive engine

What you may qualify for.

Rwanda's investment incentives are conditional. Inzira matches them against your profile and shows you the conditions and the official source, so you can check before you count on them.

All incentives

Corporate income taxVerified

0% corporate income tax — regional headquarters or international company

0% corporate income tax

Companies establishing a regional headquarters or international company in Rwanda may be taxed at 0% corporate income tax where they meet substance and spending conditions.

Conditions

  • Investment of at least USD 10,000,000 in tangible or intangible assets
  • At least USD 5,000,000 a year of international financial transactions through a licensed Rwandan bank
  • At least USD 2,000,000 of annual spending in Rwanda
  • Employ and train Rwandans, and carry out at least three of the seven listed headquarters functions in Rwanda

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Corporate income taxVerified

15% corporate income tax — priority sector operations

15% corporate income tax

A reduced 15% rate applies to listed priority activities, including energy generation, qualifying manufacturing, ICT, mass transport, affordable housing, electric mobility and certain financial services.

Conditions

  • The business operates in one of the listed priority activities
  • Sector-specific thresholds apply, for example fleet sizes for freight and passenger transport
  • Zero withholding tax on dividends, interest and royalties may also apply

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Corporate income taxVerified

Reduced corporate income tax for exporters

25% CIT at 30–50% export turnover; 15% CIT at 50%+ export turnover

Exporters can access a reduced corporate income tax rate depending on the share of turnover earned from exported goods and services.

Conditions

  • At least 30% of turnover from exports for the 25% rate
  • At least 50% of turnover from exports for the 15% rate
  • Available for a maximum of five years from the first qualifying export year, reassessed annually

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Tax holidayVerified

Corporate income tax holiday of up to 7 years

Up to seven years of 0% corporate income tax

Large strategic investments in energy, manufacturing, tourism, health, ICT or export projects may qualify for a corporate income tax holiday of up to seven years.

Conditions

  • Investment of at least USD 50,000,000, with at least 30% in equity
  • Fully invested within seven years
  • In energy (25MW or more, excluding government EPC and fuel-based), manufacturing, tourism, health, ICT or export-related projects
  • Private equity and venture capital investors are excluded

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Tax holidayVerified

5-year tax holiday — innovation and industrial park developers, microfinance

Up to five years of 0% corporate income tax

Registered specialised innovation park developers, specialised industrial park developers and licensed microfinance institutions may access a corporate income tax holiday of up to five years.

Conditions

  • Registration as a specialised innovation or industrial park developer, or a licensed microfinance institution
  • Park developers count the holiday from the first year of positive net income

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Corporate income taxVerified

3% corporate income tax — holding companies, SPVs, funds, global traders, IP companies

3% corporate income tax and 0% withholding tax on dividends, interest and royalties

Pure holding companies, investment special purpose vehicles, collective investment schemes, global traders and intellectual property companies can access a 3% rate where substance conditions are met.

Conditions

  • Net assets or fund size of at least USD 1,000,000 in Rwanda (holding, SPV, CIS)
  • Annual Rwandan spending from USD 10,000 to USD 50,000 depending on the vehicle
  • Physical office, local bank account, Rwandan professional staff and resident directors
  • Global traders need annual trade volume of at least USD 10,000,000

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Depreciation & gainsVerified

Accelerated depreciation of 50% in year one

50% flat first-year depreciation allowance

A 50% first-year depreciation allowance on qualifying business assets, new or used, in listed sectors.

Conditions

  • Business assets of at least USD 50,000 each
  • Sectors: export projects, manufacturing, telecom, agro-processing, education, health and transport (excluding small passenger vehicles)
  • Tourism and construction projects from USD 1,800,000; other sectors from USD 100,000 of investment

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
Depreciation & gainsVerified

Exemption from capital gains tax

No capital gains tax on qualifying disposals

Registered investors are exempt from capital gains tax, except that income from the sale of commercial immovable property remains taxable as ordinary income.

Conditions

  • Applies to registered investors
  • Sale of commercial immovable property is excluded from the exemption

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives
VAT & customsVerified

VAT exemption on capital goods, machinery and raw materials

VAT exemption on approved capital goods, machinery and raw materials

Local manufacturers, assemblers and miners can apply for VAT exemption on machinery, capital goods and raw materials used in the final product.

Conditions

  • Applicant is a local manufacturer, assembler or miner
  • Submit a comprehensive list of the raw materials, capital goods and machinery for approval

Ministerial Order N°1 of 2017 on VAT exemption for industry; VAT Law N°049/2023 of 05/09/2023 · Source verified 2026-08-31

IremboGov — VAT exemption guidance
VAT & customsVerified

Park developer package — VAT, property tax and customs relief

Property tax exemption, VAT zero-rating and customs relief for park developers

Specialised innovation and industrial park developers can access a package including five years of property tax exemption from the construction permit, VAT zero-rating on construction materials, and relief from withholding tax and excise duty on imported construction materials.

Conditions

  • Registered specialised innovation or industrial park developer
  • Conditions attach to land transfer fee exemption and loss carry-forward on ownership change

Law N°006/2021 of 05/02/2021 on Investment Promotion and Facilitation · Source verified 2026-08-31

Rwanda Revenue Authority — Investment incentives

Requirements may vary depending on your specific circumstances. Verify with the Rwanda Revenue Authority and the Rwanda Development Board before making decisions based on any incentive.