Yesterday in Paris, Rwanda and France signed Double Taxation Avoidance Agreement (DTAA), which serves as a foundation for creating a stable and favorable business environment for cross-border income between the two counties.

The DTAA is aligned to Rwanda’s medium-to-long-term objective of positioning itself as a thriving financial hub.

Beyond attracting additional French investments to Rwanda and ensuring a predictable tax environment for existing ones, the DTAA will foster outbound investments, curb illicit financial flows, and safeguard against discriminatory tax practices.