Key Updates

The 2024 HLB Rwanda Tax Guide provides an overview of Rwanda’s tax regulations, covering income tax, VAT, decentralized taxes, and transfer pricing rules. Key updates include a 28% Corporate Income Tax rate, increased personal income tax exemptions, VAT at 18% with specific zero-rated and exempt goods and services, and detailed compliance requirements for trading licenses, property tax, and rental income tax. It also emphasizes record-keeping and penalties for non-compliance, offering guidance for businesses and individuals navigating Rwanda’s tax landscape.