Discusses pricing formula and other fees, value-added tax (VAT), etc.
Last Published: 7/11/2019

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.



 

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