Rwanda and the Republic of Korea on Wednesday, September 13, signed a double taxation avoidance agreement (DTAA), on the side-lines of the ongoing 7th edition of Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference, in Busan, South Korea.
The agreement will in addition to attracting Korean investors to Rwanda, play an invaluable role in encouraging the outflow of investment by ensuring protection from discriminatory tax measures, providing an attractive withholding tax rate and a robust framework for dispute resolution.
For more information, please see https://www.newtimes.co.rw/article/10736/news/economy/rwanda-republic-of-korea-enter-double-taxation-avoidance-pact
