The electronic invoicing system in Rwanda is called Electronic Invoicing System (EIS) and came into force on January 1, 2021. It consists of several methods (Electronic Billing Machines) to generate certified invoices and send real-time data to the RRA (Rwanda Revenue Authority) via API.
The Electronic Billing Machines must be used to produce EIS invoices for each sales transaction, both to other businesses and to final consumers. Registered taxpayers engaged in sales transactions are required to issue EIS/EBM invoices at their sales locations. The process for using EBMs consists of entering the quantity, price, and code of each item being sold. The taxpayer must then print the invoice, give it to the consumer and keep a duplicate invoice.
A taxpayer must register for VAT purposes if its turnover exceeds FRW 20,000,000 in any twelve-month period, or exceeds FRW 5,000,000 in the preceding quarter. In addition, any taxpayer may elect to register for VAT purposes.
Source: edicomgroup.com
