Rwanda

Rwandan resident individuals are taxed on their worldwide income. Non-residents are taxed on their Rwandan-sourced income and the same tax rates are applicable to both residents and non-residents of Rwanda.

However, a resident taxpayer who was not a resident of Rwanda in the 5 years immediately prior to becoming resident, who works as an expert or a professional directly for an entity carrying out KIFC licensed activities, is exempted from PIT on foreign sourced income during the first 5 years following the date of becoming a resident.

The taxable income of a person for any year is the total of that person's income for the year less the total amount of deductions allowed to that person. Taxable income comprises the following: employment income, business profits, investment income and capital gains.

Personal income tax rates

Monthly PIT rates are as follows:

• Applicable to October 2023.

• Applicable from November 2023 going forward.

Local income taxes

There are no local income taxes in Rwanda.