Here Are Some Investment Opportunities In ICT Sector In Rwanda

Overview

Rwanda has the ambition to become a regional hub for top-tier capacity building in ICT, and to accelerate this, the Government has invested in developing ICT infrastructure to enable service delivery.

Investment opportunities

  • Infrastructure management services
  • Software development
  • Cloud computing
  • Business process outsourcing
  • Mobile applications
  • E-government
  • ICT education and training
  • ICT business financing
  • Application development & integration
  • IT consulting
  • Software R&D

Special incentive packages provided to ICT firms

Special incentive packages provided to ICT firms, including

  • VAT exemption from IT equipment: Visit the link to see the exempted items here:
  • Corporate income tax rate of (15%): A corporate income tax rate of (15%) shall be accorded to a registered investor in the Information and Communication Technology (ICT) Sector with an investment involving one of the following activities: Services, manufacturing or assembly. This incentive excludes ICT retail and wholesale trade as well as ICT repair industries and telecommunications.
  • Corporate income tax holiday of up to seven (7) years: A registered investor, investing an equivalent of at least fifty million United States Dollars and contributing at least (30%) of this investment in the form of equity in the ICT sector with a venture involving manufacturing, assembly, and service. This incentive excludes communication, ICT retail, and wholesale trade as well as ICT repair companies or enterprises and telecommunications

Immigration incentives

    • A registered investor and his/her dependents shall be issued with a residence permit in accordance with relevant laws.
  • A registered investor who invests an equivalent of at least two hundred fifty-thousand United States Dollars (USD 250,000) may recruit three (3), foreign employees, without necessarily demonstrating that their skills are lacking or insufficient on the labor market in Rwanda.

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