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The Republic of Rwanda enacted for the first time a Law governing partnerships (Law N° 008/2021 of 16/02/2021) (the Law). This Law defines partnerships as a relationship between two or more partners carrying on a business in common with a view to making a profit under a partnership. Rwanda has been making significant strides in developing its legal system, enacting several laws, to promote economic growth, including the partnership law.
22 January 24
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This law provides a framework that governs the formation, management, and dissolution of partnerships between individuals and businesses. The partnership law has played a significant role in enhancing the business environment in Rwanda and has encouraged international investors to invest in the country. This alert will discuss the partnership law in Rwanda, its provisions, and its impact on the business environment.
Click here to read and download the full alert.
Should you have any questions regarding the information in this legal alert, please do not hesitate to contact Eric Cyaga.
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Contributors
David Ngirinshuti – Principal Associate
Bruce Henri Nkundineza – Associate
Zackiah Nandugwa – Associate