Are you thinking of starting a new business in Rwanda? Check out this comprehensive guide detailing the process and documents required to register a new business in Rwanda. Setting up a business in Rwanda can be a daunting task, but with the right preparation and understanding of the registration process, it doesn’t have to be. In this guide, we’ll cover the steps you need to take to register your new business in Rwanda.
Obtain a Tax Identification Number (TIN).
The very first step in registering a new business in Rwanda is obtaining a Tax Identification Number (TIN). This number is issued by the Rwanda Revenue Authority and must be obtained before beginning the registration process. To obtain a TIN, you will need to fill out and submit an application form, available on their website. You will then need to visit the nearest RRA office to verify your details before receiving your TIN number.
1. REGISTRATION
Registering a local company
Cost: Free
Requirements:
- Copy of Passport/ID
- Complete two copies of Memorandum of Association Art 14 (downloaded on our website here)
Registering a branch of a foreign company
Cost: Free
Requirements:
- Power of attorney to present the company in Rwanda. (Notarised)
- Certified copy of the memorandum Articles of Association. (Notarised)
- Certificate of Registration/Incorporation issued by the registration authority in the country of incorporation. (Notarised)
- Notarised Resolution from the authorized agency authorizing the opening of a branch.
- Passport-sized photos of the shareholders/directors.
- List of directors residing in Rwanda (at least One)
2ndAMENDMENTS
Opening a local branch
Requirements:
- Notarised Resolution to open a branch
- Complete the application form
- Payment of 5,000 rwf at RDB
Additional activities for individual businesses
Requirements:
- Completed application forms provided for changing particulars
- Original registration certificate
- Payments slip (Receipt) 2,000 Rwf
Additional activities for companies
Requirements:
- One (1) notarized minutes of the Board meeting authorizing the filing of extra activities.
- Original Registration certificate.
- Payment of 7,000 rwf at RDB
Cessation of trading activities
Cost: Cessation fee RWF 5,000
Requirements:
- Letter addressed to the Registrar General, stamped by the Rwanda Revenue Authority (RRA). A copy to RRA
- Tax clearance certificate from RRA
- Original Registration certificate
- Minutes of Association notarized
- Payment Slip
