Guide To Gain Investment Certificate in Rwanda

How to Get an Investment Certificate in Rwanda

Foreigners looking to invest in Rwanda need to undertake two crucial steps to legally conduct business in the country. Firstly, Business Setup in Rwanda in the field they intend to operate. Secondly, obtaining investment certificate in Rwanda is essential to formalize their investment and access the benefits provided by the Rwanda Development Board (RDB) and other authorities.

Investment certificates in Rwanda are official documents issued by the Rwanda Development Board (RDB) to businesses and investors who have fulfilled specific requirements and commitments to invest in Rwanda. These certificates are part of Rwanda’s efforts to attract and facilitate investment by providing a streamlined process for investors to set up and operate their businesses in Rwanda.

Detailed Guide to Obtaining an Investment Certificate in Rwanda

We detail the necessary steps and procedures international investors must adhere to in order to secure an investment certificate in Rwanda, facilitating a seamless market entry.

Company Formation in Rwanda: Begin by incorporating your business in Rwanda, aligning it with your intended operational field. This process includes registering your company and obtaining a certificate of incorporation, thus legally recognizing your business entity within Rwanda.
Investment Certificate in Rwanda: Following company establishment, securing an investment certificate from the RDB is crucial. This certificate is pivotal in formalizing your investment and accessing various benefits.

Steps to Obtain an Investment Certificate in Rwanda

Company Formation in Rwanda

Incorporate your company in Rwanda, ensuring it aligns with your planned business activities. This step involves registering your company and obtaining a certificate of incorporation.

Preparation for Investment Certificate in Rwanda

Fill out an investment registration application form provided by the RDB.
Draft a detailed business plan that outlines your investment project, expected outcomes, and strategy.
If required, conduct an Environmental Impact Assessment (EIA) and secure a certification.
Estimate the projected employment your investment will generate, detailing the types of jobs created.
Pay the non-refundable registration fee as part of the application process.
Obtain the necessary business license for your sector, ensuring compliance with Rwandan regulations.

Application Processing and Issuance:

Submit your application to the RDB. The board typically processes applications within 2 days, assuming all prerequisites are met.
The investment certificate is valid for five years from the issuance date.

Fees:

The RDB charges an official nonrefundable fee of $500 for the investment certificate.
Depending on the complexity of the business plan and its need for market research and study, Sokrab Advisory charges a professional fee ranging from $1,200 to $2,000 for the preparation of the business plan, filing the application, and providing continuous follow-up throughout the process.

Support from Sokrab Advisory

At Sokrab Advisory, we are equipped to guide international investors through the intricacies of establishing a company and obtaining an investment certificate in Rwanda. Offering expert legal advice and comprehensive support, we ensure your investment process is compliant, streamlined, and poised for success.

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