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Rwanda Adopts A New Investment Code Geared To Make Kigali A Regional Financial Hub - Tax

To print this article, all you need is to be registered or login on Mondaq.com. Effective from 8 February 2021, Rwanda has a new law n° 006/2021 of 05/02/2021 on investment promotion and facilitation (“ New Investment Code”) repealing law n° 06/2015 of 28/03/2015 that was in force since 2015. The new law brings about a set of new investment incentives mainly geared at enhancing Rwanda s competitiveness, attract cross-border investments, new businesses and financial institutions to operate across the African continent and beyond through the newly set up Kigali International Financial Centre. The first striking change under the New Investment Code relates to the new priority economic sectors such as:

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