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Official languages

ISO 4217


Kinyarwanda and English

12.6 million

Rwandan Franc


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Rwanda has seen impressive economic growth in recent years. According to the World Bank, the country’s GDP grew by an average of 8.2% between 2010 and 2019. This growth has been driven by strong performance in the services sector, which accounts for nearly half of the country’s GDP. The manufacturing sector has also seen strong growth, with exports of manufactured goods increasing by an average of 10.5% per year between 2010 and 2019. In addition, Rwanda has seen a significant increase in foreign direct investment, with inflows reaching $1.2 billion in 2019. This has helped to create jobs and reduce poverty, with the poverty rate falling from 57.7% in 2011 to 39.1% in 2018. Overall, Rwanda’s economy has seen impressive growth in recent years, and the country is well-positioned to continue this trend in the future.


Réunion is an overseas department of France and is subject to French tax laws. As such, its taxation system is integrated with that of France.

For corporate taxation, companies in Réunion are subject to the standard French corporate tax rate of 28% on their profits. However, companies with an annual turnover below a certain threshold are eligible for a reduced tax rate of 15% or 10%, depending on their level of turnover.

For personal taxation, residents of Réunion are subject to the same tax rates and rules as residents of mainland France. The tax rates are progressive, with rates ranging from 0% to 45% depending on the individual's income level. Income tax is withheld at source for most employees, and tax returns must be filed by May 31 of the year following the tax year.

In terms of tax payments, businesses and individuals in Réunion are required to make regular tax payments throughout the year based on estimated income. These payments can be made online or in person at tax offices, and the deadlines for payments are typically in March, June, September, and December. The exact dates may vary slightly from year to year. Any balance owed at the end of the tax year must be paid by the tax return filing deadline.

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