What is RRA in full in Rwanda?

Home: Welcome to RRA – Rwanda Revenue Authority.

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What does Rwanda Revenue Authority do?

The Rwanda Revenue Authority was established under Law No 15/97 of 8 November 1997 as a quasi-autonomous body charged with the task of assessing, collecting, and accounting for tax, customs and other specified revenues.

How is VAT paid in Rwanda?

The VAT returns and relevant payment are due to the Rwanda Revenue Authority (RRA) on a monthly basis by the 15th day of the following month. However, taxpayers with annual turnover of RWF 200 million or below may elect to file VAT returns or make payments on a quarterly or monthly basis.

How is VAT calculated in Rwanda?

Example

Solution : GST % = 18. Amount = 25000.
Step 1 : GST Price = (25000 * 18 ) / 100. = 4500.
Step 2 : Net Price = 25000 + 4500. = 29500. Hence the VAT Price is 4500 and Net Price is 29500.

How do you become an RRA agent?

Requirements

i.You must be a Rwandan citizen or a permanent resident or an investor registered under RDB;
ii. You need to possess a trade license issued in Rwanda;
iii.You need to possess a Tax Clearance Certificate.
a. Complete an application form issued by Customs;
b.
c.
d.

What is local revenue?

Local revenue means (i) tax revenue received by a locality from local taxes levied on real estate and all personal property, and (ii) the Local Retail Sales Tax Revenue generated from transactions occurring on designated property.

How much is tax in Rwanda?

The Sales Tax Rate in Rwanda stands at 18 percent.

How can I get my RRA TIN number?

You can easily find your TIN number on etax.rra.gov.rw/nidAssignedTIN/ using your ID.

How many types of taxes are there in Rwanda?

three types
The law distinguishes three types of withholding tax: 15% withholding on other payments by resident individuals or entities including tax-exempt ones, 3% withholding tax on payments of Public Institutions, and. 5% withholding tax on imports.

What is the average income in Rwanda?

Rwanda is a low-income country with a gross national income per capita of $1,954 in international dollars (PPP) and $780 in USD in 2018, putting it among the 20 poorest countries in the world.

What is RRA number?

This is a unique number which is issued to a taxpayer by the tax Administration. It is obligatory for every taxpayer to have this unique number. Taxpayers have the obligation to indicate this number on all correspondences they do with RRA.

How does government collect revenue?

The federal government collects revenue from a variety of sources, including individual income taxes, payroll taxes, corporate income taxes, and excise taxes. It also collects revenue from services like admission to national parks and customs duties.

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What is RRA in full in Rwanda?