KIFC is intended to position Rwanda as a preferred financial jurisdiction for investments into Africa, as well as reforming the domestic industry. KIFC is the first of its kind in Africa, in that it is not offering a building, an economic free zone or a specific category of company registration.
Instead, KIFC provides a conducive ecosystem for financial actors to operate and invest in Rwanda as a gateway to the rest of Africa. KIFC’s legal framework is intended to nurture domestic and foreign talent, support leading technologies that drive value and inspire trust amongst investors, regulators and other stakeholders.
Investors under the KIFC are granted a preferential corporate income rate and exemption from withholding tax on dividends, interest and royalty payments. Refer to the Investment Promotion and Facilitation Law for the detailed KIFC investments package. The law also details the economic substance requirements to qualify for these incentives.