Rwanda or Sierra Leone: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Rwanda and Sierra Leone weigh about the same on the taxpayer.

Tax Rwanda Sierra Leone Gap
Corporate income tax headline rate 28% 30% −2.0 points
Personal income tax top bracket 0% to 30% 0% to 30% Same rate
VAT standard rate 18% 15% +3.0 points

Detailed schedules

Corporate income tax

Rwanda

General regime 28%
Kigali International Financial Centre approved activities, up to full exemption 3%

Sierra Leone

Resident companies Raised from 25% to 30% by 2026 finance law 30%
Non-resident individuals Single rate on Sierra Leone-source income 25%

Personal income tax

Rwanda

n/a

Sierra Leone

Up to 600 NLe per month Or 7,200 NLe per year 0%
600 to 1,200 NLe 15%
1,200 to 1,800 NLe 20%
1,800 to 2,400 NLe 25%
Over 2,400 NLe 30%
See the Rwanda page See the Sierra Leone page