Mauritian firm Juris Tax enters Rwanda’s Kigali International Finance Centre

RWANDA – A Mauritian Corporate Service Provider, Juris Tax is the latest entrant into Rwanda’s Kigali International Finance Centre.

Kigali International Finance Centre (KIFC), is an initiative that seeks to position Rwanda as a business and financial hub in Africa, as well as reforming the financial services.

The entrance of the firm into the local financial ecosystem is a result of efforts by Rwanda Finance Limited, the government agency overseeing the establishment of the centre through review of regulation and reaching out to potential investors seeking to do business in Africa.

The latest entrant will be offering a range of corporate services as well as capacity building.

Juris Tax offers a wide array of services ranging from company registration, formation, corporate administration and secretarial services, accounting and reporting, taxation and compliance services, other regulatory compliance-related services, fund sdministration and accounting, anti-money laundering and countering financing of terrorism audits among others.

According to the firm’s Chief Executive Officer,Nishi Kichenin, the firm will also deliver specific ancillary services as may be required such as sustainability reporting, internal audits, corporate governance audits (including preparation and/or review of the relevant manuals and constitutive documents) which are required by our clients.

Juris Tax will also assist in learning development through its training institution – the African Training and Development Institute which is due to open its doors in 2021 to provide specialised and customized training services consisting of training in anti-money laundering and countering financing of terrorism, changes in the international tax landscape, International Financial Reporting Standards (IFRS) updates, best practices to corporate governance and much more to the workforce.

The CEO further said that as a company, they believe that Rwanda has built on solid credentials being a politically stable country and has enjoyed impressive economic growth rates averaging 7.9 per cent over the last 15 years and has made great strides on social standards and on the poverty front.

The economy was projected to expand supported by exports, services and public sector investment in infrastructure and the strong record of implementing important structural reforms in many areas to sustain its growth and achieve its long-term development goals.

According to the 2019 World Bank Doing Business index, Rwanda is the 29th easiest place to do business in the world – the only low-income country (LIC) in the top 30.

In 2018, the RDB registered over US$2 billion worth of investments.

The 2017 Corruption Perception Index ranked Rwanda as the third least corrupt country on the African continent behind the Seychelles and Botswana.

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