Costs & Timelines for Setting Up a Business in Rwanda

Plan Your Budget and Launch Schedule

Understanding the costs and timeframes involved in setting up a business in Rwanda is essential for efficient planning. Rwanda is known for its affordability and streamlined processes that make business entry smooth and fast.

Typical Setup Costs:

Company Registration Fee: Free through Rwanda Development Board (RDB)
Notarization & Legal Drafting (Optional): Approx. $50–$300 depending on complexity
Bank Account Opening Fees: Varies by bank (can include minimum deposit requirements)
Sector-Specific Licenses & Permits: Range from $300 to $2,500 depending on the industry
Office Rental (Kigali): $200–$1,500/month depending on size and location
Professional Support Services (via Sokrab): Tailored packages available upon request

Estimated Timelines:

Name Reservation: Same day (online via RDB)
Company Registration: 24–48 hours after document submission
Tax Registration & TIN: Issued automatically with business registration
Bank Account Setup: 1–3 working days
Sector Licensing: 1–3 weeks depending on regulator responsiveness
Operational Launch: Typically within 5–10 working days for most sectors

Why Choose Sokrab?

We offer end-to-end setup packages to save you time, reduce hidden costs, and ensure compliance.

With Sokrab, you’re ready to do business in Rwanda faster than you think.

📞 Let's Connect!

Ready to unlock the potential of your business? Reach out to us. Your success story with Sokrab Ltd awaits!

Quick Links

Dubai 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