Business Advisory
Advisory
Welcome to Sokrab Advisory
Our mission is to deliver targeted consulting and advisory services specifically designed for investors and business professionals seeking opportunities in Rwanda. Our portfolio of services is meticulously crafted to facilitate the establishment and growth of businesses in the Rwandan market, offering a seamless advisory experience for investors and entrepreneurs. Whether you’re looking to launch a new venture, expand your investment portfolio, or navigate the complexities of Rwanda’s business environment, Sokrab Advisory is your indispensable partner. We utilise our extensive knowledge and expertise to guide you through Rwanda’s economic and legal frameworks, ensuring that you have the insights and support needed to make strategic decisions and achieve your business goals with confidence.
01.
Investment Advisory:
At Sokrab Advisory, we deliver expert consulting services to guide investors through Rwanda's investment landscape. Our services are designed to:
Identify Investment Opportunities: We spotlight sectors with substantial investment potential, from Rwanda's emerging technology sector to renewable energy, agriculture, real estate, and tourism as well as the expanding health and education sectors. We also emphasise opportunities within the service sector, recognizing its critical role in Rwanda's economic development. Our expertise allows us to identify and highlight these diverse areas, offering a broad spectrum of investment possibilities for those looking to invest in Rwanda's growing economy.
Analyse Market Trends: Our expertise in analysing market trends, economic indicators, and regulatory frameworks enables us to pinpoint sectors poised for significant growth.
Provide Tailored Advice: We offer personalised guidance to ensure you make well-informed investment decisions that align with your objectives.
Navigate the Investment Environment: Our aim is to empower you to confidently navigate Rwanda's investment environment, optimising your investment returns and supporting the country's economic growth.
Investment Certificate Acquisition: Assisting in obtaining an investment certificate from the RDB, crucial for accessing various investment incentives, tax benefits, and other advantages offered to businesses in Rwanda. In addition to these advantages, securing an investment certificate often qualifies businesses for customs exemptions on certain imports. These exemptions can significantly reduce the cost of setting up and operating your business in Rwanda.
Our commitment is to serve as your advisory partner, ensuring you have the insights and support needed to succeed in Rwanda's dynamic investment market.
02.
Business Law Advisory:
Sokrab Advisory provides specialised consulting services tailored for investors and businesses navigating the intricate legal landscape of Rwanda. Our services are crafted to assist at every phase of a business's lifecycle, from its establishment to its expansion and beyond, tackling both legal challenges and seizing opportunities.
We offer a broad spectrum of consulting in business law, encompassing:
Corporate Governance and Compliance: Advising on the establishment of robust governance structures and ensuring regulatory compliance.
Mergers and Acquisitions: Sokrab Advisory specialises in navigating the details of mergers and acquisitions, providing expert guidance to ensure smooth and successful transactions within Rwanda's regulatory and business environment.
Intellectual Property Protection: We offer dedicated services to protect your intellectual property rights, ensuring that your innovations, trademarks, and creative works are secure and legally safeguarded in Rwanda.
Contract Law and Dispute Resolution:Assisting in drafting and negotiating contracts and resolving disputes efficiently.
Strategic Legal Advice: Providing strategic legal counsel to align with your business goals, focusing on legal and operational efficiency.
Regulatory Compliance: Navigating the regulatory compliance landscape, including industry-specific regulations.
Sokrab Advisory is committed to empowering your investment in Rwanda with the legal strategies and insights necessary for success, ensuring legal compliance and fostering an environment for growth and stability in Rwanda's vibrant market.
03.
Business Formation:
Sokrab Advisory is dedicated to providing specialized consulting services that facilitate the establishment and expansion of businesses in Rwanda's dynamic market. Our expertise is tailored to support entrepreneurs, investors, and businesses through every stage of the company formation process, including navigating legal compliance, market entry, and securing investment incentives. Our enhanced suite of services includes:
Legal Structure Guidance: Offering tactical advice on selecting the most appropriate legal structure for your business, ensuring both operational efficiency and compliance with Rwandan laws.
Company Registration Assistance: Facilitating the entire company registration process with the Rwanda Development Board (RDB) and other relevant authorities, ensuring your business is officially recognized and legally compliant.
Documentation and Licensing: Providing expert advice on all necessary documentation, licensing requirements, and regulatory compliance, tailored to your business's specific needs and industry.
Investment Certificate Acquisition: Assisting in obtaining an investment certificate from the RDB, crucial for accessing various investment incentives, tax benefits, and other advantages offered to businesses in Rwanda.
Navigating RDB and Authority Requirements: Navigating the requirements set by the Rwanda Development Board and other governmental authorities, ensuring your business meets all mandatory regulations and standards.
Market Insights and Opportunities: Delivering in-depth insights into Rwanda's economic environment, helping you understand the market dynamics, identify opportunities, and strategically position your business in your sector.
Sokrab Advisory is committed to providing comprehensive support and guidance for your venture, from initial planning to operational start-up and beyond. Our goal is to ensure a seamless and successful launch of your business in Rwanda, laying a solid foundation for future growth and success within the region.
04.
Feasibility Study and Business Planning:
Sokrab Advisory offers specialized consulting services aimed at refining your investment strategy through thorough feasibility studies and strategic business planning, tailored specifically for the Rwandan market. Our approach is precisely designed to ensure the success and viability of your business effort in Rwanda, with a particular emphasis on obtaining an investment certificate from the Rwanda Development Board (RDB). Our services include:
Feasibility Studies: We perform in-depth analysis covering market trends, demand projections, competition analysis, and regulatory compliance, ensuring your business concept not only fits within Rwanda's economic landscape but stands out for success.
Strategic Business Planning: Leveraging insights from our feasibility studies, we develop comprehensive business plans aimed at achieving your business goals while maximizing Rwanda's economic potential. This includes the crucial objective of securing an investment certificate from the RDB, providing access to various incentives and benefits critical for your business growth.
Customised Business Plan for RDB Certification Our business plans are specifically designed to meet the requirements set by the RDB for investment certification. We focus on outlining realistic goals, strategic direction, and the necessary resources, ensuring your plan aligns with RDB criteria and facilitates the certification process.
Navigating the Rwandan Market: Our strategic plans are uniquely tailored to navigate Rwanda's business environment effectively, incorporating risk management and contingency strategies to protect your investment.
Choosing Sokrab Advisory as your consulting partner guarantees a commitment to aligning your venture with Rwanda’s evolving market demands and regulatory requirements. Our primary goal is to provide a clear, actionable roadmap that not only aids in decision-making and operational efficiency but also positions you favourably for obtaining an investment certificate from the RDB, enhancing your return on investment.
05.
Financial and Accounting Advisory:
Sokrab Advisory delivers specialized financial and accounting consulting services to empower investors and businesses in Rwanda. Our objective is to enhance the financial wellbeing and strategic direction of your venture within the competitive Rwandan market. Here’s how we can assist:
Financial Management Consulting: We provide guidance on best practices in financial management to improve cash flow and profitability. Our expertise helps you implement effective financial strategies that are crucial for business success.
Cloud-based Accounting Software Implementation: We provide cutting-edge cloud-based accounting solutions that offer real-time financial insights, ensuring efficient and flexible management of your financial operations from anywhere at any time.
and business environment.
Part-time Accountant Services: Recognizing that not all businesses require a full-time accountant, we offer part-time accounting services, providing professional support tailored to your specific needs and budget.
Accounting Review: Our experts conduct comprehensive reviews of your accounting practices to ensure accuracy and compliance with the latest accounting standards and local regulations. This service aims to identify and rectify any discrepancies, enhancing the reliability of your financial reporting.
Receivables & Payables Management: We manage your accounts receivable and payable with a focus on optimizing cash flow. Our services are designed to ensure timely invoicing, collection, and payment processes, contributing to the financial health of your business.
Project Accounting:For businesses engaged in project-based activities, we offer specialized project accounting services. This includes tracking the financial performance of individual projects, providing valuable insights into profitability and resource allocation.
At Sokrab Advisory, we are committed to supporting the growth and success of your business in Rwanda through our professional accounting services. Our approach is designed to not only address your current financial management needs but also to align with your strategic goals, ensuring long-term sustainability and success in Rwanda's vibrant economy.
06.
Tax Advisory:
Sokrab Advisory provides expert tax consulting services tailored to the unique tax environment of Rwanda. Our aim is to assist businesses in understanding and managing their tax obligations efficiently while capitalizing on available tax benefits and incentives. Here's how we can support your business:
Comprehensive Tax Guidance: Our tax professionals offer advice on a broad spectrum of tax issues, including corporate tax, VAT, personal income tax, withholding taxes, and customs duties. We are committed to staying updated with the latest tax regulations and reforms to provide you with strategic tax planning and advice.
Tax Optimization Strategies: We focus on optimizing your tax position through effective tax planning. This involves leveraging tax incentives and exemptions available in Rwanda, customizing tax-efficient structures for your business, and providing support in their implementation.
Identification of Tax Savings:By examining your business operations and financial strategies, we identify potential tax savings and advise on how to achieve them, ensuring your business utilizes all available tax advantages.
Tax Compliance and Filing Support: We ensure your business complies with tax filing requirements, offering assistance with timely and accurate tax submissions. Our team can also represent your business in interactions with tax authorities, aiming to minimize tax-related risks and disputes.
Risk Mitigation and Burden Reduction:Our primary objective is to help reduce your overall tax liability and mitigate risks associated with tax compliance, enabling you to concentrate on expanding your business in Rwanda.
With Sokrab Advisory, gain peace of mind knowing your tax matters are handled by experts dedicated to enhancing the financial well-being and operational efficiency of your business in Rwanda.
07.
Labour and Employment Law Advisory:
Sokrab Advisory is dedicated to offering expert consulting services on labor and employment law, ensuring businesses operate in full compliance with Rwanda's extensive labor regulations and uphold the rights of workers. Understanding and adhering to employment law is essential for fostering a positive workplace environment and minimizing legal risks.
Our consulting services span a comprehensive range of employment matters, including, but not limited to:
Employment Contracts and Termination: Guidance on drafting and managing employment contracts, along with advising on lawful termination procedures to avoid disputes.
Labor Disputes Resolution: Assistance in resolving labor disputes effectively, safeguarding the interests of both the business and its employees.
Employee Benefits and Minimum Wage Compliance: Advice on structuring employee benefits packages and ensuring compliance with Rwanda's minimum wage regulations.
HR Policies and Best Practices: Insights into best practices for managing employee relations and the legal ramifications of HR policies and decisions.
Our proactive stance on staying informed about the latest legal updates and amendments within Rwanda ensures that your business remains aligned with current employment laws, preventing potential legal issues.
Additionally, we can aid in the creation of employment policies that not only meet legal requirements but also contribute to a constructive and efficient work environment. Whether you're launching a new venture in Rwanda or refining the employment practices of an established company, Sokrab Advisory offers the necessary expertise and support to effectively manage the complexities of labour and employment law.
08.
Compliance Advisory:
Sokrab Advisory's Compliance Consulting Services are specifically tailored to ensure that businesses in Rwanda meet the stringent compliance standards set by the Rwanda Development Board (RDB) and other Rwandan regulatory authorities. Recognizing the key role of compliance in maintaining your business's reputation and ensuring operational integrity, our services are designed to navigate the complex requirements across diverse sectors. Our comprehensive services include:
In-depth Understanding of RDB and Regulatory Requirements: Expert guidance on the compliance requirements stipulated by the Rwanda Development Board (RDB) and other local regulatory bodies, covering a broad spectrum of industries and sectors.
Risk Assessment and Customized Compliance Strategies: Through a detailed assessment of your business operations, we identify potential compliance risks and develop bespoke strategies to address these, ensuring your business adheres to all relevant laws and regulations.
Policy Formulation and Internal Control Implementation: Assistance in creating tailored compliance policies and setting up effective internal controls that align with RDB guidelines and other regulatory standards.
Employee Training on Compliance Matters:Conducting comprehensive training sessions for your team to foster an understanding of the importance of compliance, specifically focusing on the requirements of the RDB and other Rwandan authorities.
Proactive Updates on Regulatory Changes: Offering a proactive approach to keep you informed about changes in the regulatory landscape, including updates from the RDB and other authorities, enabling your business to adapt and maintain continuous compliance.
Specialized Advisory on AML, Data Protection, and More: Guidance across various compliance domains, such as anti-money laundering (AML) regulations, data protection laws, environmental compliance, and corporate governance, tailored to meet the specific requirements of Rwandan authorities.
At Sokrab Advisory, our commitment is to guide both emerging and established businesses through the complexities of meeting RDB and other Rwandan regulatory compliance standards. Our aim is to mitigate risks and enhance your business performance by ensuring comprehensive compliance, thereby supporting the sustainable growth and success of your business in Rwanda.
How Can We Assist You Today?
📞 Let's Connect!
Ready to unlock the potential of your business? Reach out to us. Your success story with Sokrab Ltd awaits!
Quick Links
Head Office
Office No. 504, Port Saeed, Al Wahda Building, PO Box 31367 Dubai, United Arab Emirates
Rwanda Office
68 KG 684 St, Kigali
Office Hours
Monday - Friday 09 AM - 05 PM
- info@sokrab.com
- +250793897842