BY Dieudonné Nzafashwanayo
Rwanda: The Office of the Registrar General sets hard deadline for disclosing beneficial ownership information
In the wake of the implementation of law no 007/2021 of 05/02/2021 governing companies, as amended, all companies and other business entities/arrangements incorporated/registered in Rwanda are required to submit their beneficial ownership (” BO”) information to the Office of the Registrar General.
The deadline for compliance with this statutory requirement was initially set for 31 August 2023 but has since been extended by the Registrar General to 31 October 2023. Failure to comply with the extended due date will result in penalties under the applicable laws.
Companies or other business entities in Rwanda requiring assistance with identifying their beneficial owners under the applicable laws, regulations and guidelines, as well as the information required and attending to the filing of BO information, may reach out to the ENS team in Rwanda: