Rwanda - PricingRwanda - Pricing
Pricing formulas will vary from one product to another based on supply, demand, landed cost, margin expectations, and competitive alternatives. Prices in Rwanda are liberalized, aside from petroleum products and certain commodities, which the government sets after limited consultation with industry stakeholders. The standard-rated value added tax (VAT) is 18 percent, however, there are some services and goods which are either zero-rated or exempt. The penalty for missing or late payment of VAT is 10 percent per month. The Rwanda Revenue Authority administers VAT. The RRA Tax Handbook covers detailed steps to register, declare and pay taxes. The latest version can be found here. Prices of imported goods are high due to customs duties, transportation costs, and depreciation of the local currency (Rwandan francs) against the U.S. dollar.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.