Article
When Is A Foreign Company Considered To Have Its Place Of Effective Management (POEM) In Rwanda, And What Does That Mean?
Rwanda has introduced new criteria for determining the Place of Effective Management (POEM) for corporate tax residence, which could unexpectedly create tax obligations for foreign companies with connections to Rwanda. The ministerial order establishes four specific situations that trigger POEM-based tax residence, some of which deviate from internationally accepted standards and may have unintended consequences for Rwanda's positioning as an investment gateway to Africa.
ENS
