JurisTax has been operating in Mauritius for more than a decade and having nested a portfolio of loyal satisfied clients in Mauritius, we aim to setting foot on the mainland of Africa and move towards its expansion in the promised land of Rwanda. Our mission is to bring our expertise and know-how to the mainland African continent and to boost financial and economic growth.
With an average annual growth rate of 8.6% over the past 10 years, Rwanda is one of Africa’s fastest growing economies which is now poised to become one of the continent’s leading financial centres. It is ranked second in sub-Saharan Africa in the World Global Rule of Law Index and second for ease of doing business. Rwanda is also recognised as the least corrupt, safest and first in terms of network readiness on the continent.
Rwanda has also established a strong Double Taxation Avoidance Agreement (DTAA) network with many countries and the country is extending its network in Africa and with leading developing economies. Furthermore, Rwanda has entered into Investment Protection Agreements with several countries such as USA, Germany, Belgium and South Korea.
It is noteworthy that Rwanda offers a one-stop center for business registration, which can be done online at no additional cost.
The Kigali International Financial Center (KIFC)
Under the KIFC, investors are offered the following attractive benefits, amongst others:
- No Foreign Exchange Control
- 100% foreign ownership
- Free flow of capital
- A transparent jurisdiction based on common law
The KIFC aims at enhancing defined key focus areas of the Rwandese economic sphere, including the development of a framework to enable the structuring and domiciliation of investment fund through the KIFC, improving its offer pertaining to family offices and wealth structuring, and providing access to the capital markets within the East African Community.
We, at JurisTax, propose to take advantage of all opportunities offered by the KIFC and endeavour to provide a full range of support services to our clients, including corporate set up, administrative, accounting and secretarial matters.
We are also looking forward to building capacity in the Rwandese market and in so doing, establish a training institute in Kigali to deliver high-quality trainings to equip the Rwandese professionals with the most up-to-date skills and knowledge needed to efficiently handle the contemplated influx of business in the Rwandese market.