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Rwanda Provides Corporate Tax Cut and Other Tax Amendments

|Approved Changes|Rwanda
Rwanda

Rwanda published a series of laws in a Special Edition of the Official Gazette on 14 September 2023 that introduce various tax amendments. One of the key laws is Law No. 051/2023 of 5 September 2023, which amends Law No. 027/2022 of 20 October 2022, the law establishing taxes on income. The main corporate income tax changes include:

  • A reduction in the standard corporate income tax rate from 30% to 28%; and
  • The amendment of the reduced rates for five years for newly listed companies in Rwand…

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