Accounting, audit, tax & CFO services for businesses growing in East Africa.
ALSM Consulting Group is a full-service firm in Kigali — from statutory audit and RRA tax compliance to outsourced CFO services, company registration and RDB & BNR applications. International standards, delivered with the local depth of a practice that works with the regulators every day.
A Rwandan firm built to international standards.
Founded in Kigali in 2020, ALSM began as a focused compliance practice and has grown into a full-service firm — three partners, a 55-strong team, and more than 350 clients ranging from ambitious SMEs to multinational corporations.
Our footprint now spans Rwanda, Uganda, India and the UAE, but the way we work hasn't changed: every engagement is led and reviewed by a partner, every opinion is grounded in IFRS, ISA and the IESBA Code, and every recommendation reflects how business in Rwanda actually operates.
Five service lines. One accountable partner.
Every specialist service organised under five lines so you always know who owns your engagement — and every one delivered to the standards our regulators and your stakeholders expect.
Independent opinions your stakeholders can rely on.
Statutory, grant and special-purpose audits conducted to ISA, with IFRS-compliant reporting and the independence disciplines of the IESBA Code. Clear findings, quantified where possible, and a management letter you can actually act on.
- Statutory audits ISA
- Grant & donor audits NGO / Development
- Special purpose reviews Assurance
- Due diligence Transactions
Compliant in Rwanda. Efficient across borders.
RRA-certified advisory covering the full compliance cycle — registration, planning, VAT and PAYE, filing and dispute resolution — plus cross-border structuring for groups operating between Rwanda, East Africa, India and the Gulf.
- Tax advisory & planning Domestic
- VAT & PAYE compliance RRA filings
- Dispute resolution RRA audits
- Cross-border structuring International
Your finance function, run properly.
From clean books to board-ready reporting: bookkeeping, IFRS financial statements, payroll with statutory deductions and RRA/RSSB filings handled — plus accounting software selection, implementation, data migration and training, so your systems work as hard as your team.
- Bookkeeping & reporting IFRS
- Payroll management RRA · RSSB
- Accounting software implementation Zoho · ERPNext
- Management accounts Monthly
CFO services and senior counsel for the decisions that matter.
Outsourced CFO services in Rwanda — cash flow, budgeting, forecasting and investor reporting under senior financial leadership, without the full-time cost. Backed by restructuring and investor-readiness for groups preparing to scale, financial projections built for real fundraising conversations, and coaching that leaves your team stronger than we found it.
- Outsourced CFO services Strategic
- Corporate restructuring M&A ready
- Financial projections Fundraising
- Financial coaching Capability
Registered, licensed and compliant — end to end.
We handle the full lifecycle of your entity with Rwanda's regulators: company registration and amendments with RDB, investment certificates under the Investment Code, KIFC holding company structures through the Kigali International Financial Centre framework, BNR licences — lending and trust & company service providers — and data protection registration and maintenance with the Data Protection & Privacy Office under Law N° 058/2021.
- Company registration RDB
- Investment certificate applications RDB
- KIFC holding company structuring KIFC · RDB
- Lending licence applications BNR
- Trust & company service provider licence BNR
- Data protection registration & maintenance NCSA · DPO
- Amendments — shareholders & address RDB
- Company closure & deregistration RDB · RRA
Compliance shouldn't live in a spreadsheet. We build it into your system.
Most compliance failures aren't knowledge problems — they're system problems: books kept in scattered files, invoices that don't match declarations, payroll computed by hand. As an authorised partner of both Zoho and Frappe, we implement the platform that fits your business, configure it around Rwandan requirements, and stand behind it as your accountants — so the system that runs your business is the same one that keeps you compliant.
Books · Payroll · People · CRM · InventoryThe cloud suite for SMEs and growing companies — accounting, payroll, HR and sales in one connected stack. We implement it, configure your chart of accounts to IFRS, map your VAT treatment, and train your team.
- Best fit: SMEs, service firms, startups and NGOs moving off spreadsheets
- Live from weeks, not months — with your books migrated and reconciled
- Ongoing support from the same team that reviews your compliance
The open-source ERP for operations that outgrow off-the-shelf tools — manufacturing, distribution, multi-entity groups and project-driven organisations. We implement, customise and localise it for Rwanda.
- Best fit: manufacturers, distributors, multi-entity and donor-funded operations
- No per-user licence lock-in — you own your system and your data
- Customised workflows with your statutory reporting built in
Every deadline that can hurt you, on one page.
RRA tax, RSSB, local government and RDB corporate obligations for a domestic company — maintained by ALSM's tax team. Fixed dates below assume a 31 December year-end; special fiscal years count from their own year-end.
The standing monthly deadline. PAYE, VAT, withholding taxes and RSSB contributions for the previous month are all due by the 15th — declared via myRRA. A nil return is always cheaper than a missed one.
- 31 — Trading licence tax
- 31 — Rental income tax (prior year)
- RDB annual return window opens
- Monthly cycle only
- 31 — Annual CIT declaration & final payment (with financial statements & TP documentation)
- 15 — Q1 VAT (small taxpayers)
- Monthly cycle only
- 30 — CIT instalment 1 (IQP)
- 15 — Q2 VAT (small taxpayers)
- 31 — RDB annual return & accounts
- Monthly cycle only
- 30 — CIT instalment 2 (IQP)
- 15 — Q3 VAT (small taxpayers)
- Monthly cycle only
- 31 — CIT instalment 3 (IQP)
- 31 — Immovable property tax
- Year-end BO confirmation (RDB)
Miss a deadline? Under the Tax Procedures Law N° 020/2023, late-payment interest accrues monthly (non-compounding, capped at 100% of the tax), plus administrative fines — and filed returns stay open to audit for five years. Voluntary late declaration before an audit notice avoids understatement penalties. ALSM tip: declare by the 10th — bank and mobile-money delays past the 15th still count as late payment.
The full calendar adds withholding-tax detail, excise and tourism tax, customs duty-remission quarterly returns, beneficial-ownership filings and investment-certificate obligations — with legal bases and penalties for each. General guidance only; confirm current requirements with RRA, RSSB and RDB before relying on a date.
Mission & Vision
We deliver trusted, forward-thinking accounting solutions tailored to empower Rwandan businesses to grow with clarity, confidence, and compliance.Through unwavering integrity, close client collaboration, and ongoing professional development, we drive immediate business success and nurture future financial leaders with training and mentorship.
To be Rwanda's most trusted and transformative accounting partner — advancing financial transparency, deepening financial literacy and capability, and unlocking the potential of the country's emerging financial talent.We envision a Rwanda where principled service and shared knowledge fuel sustainable economic growth and empower generations of professionals.
What we stand for, on every engagement.
Integrity First
We do the right thing, even when no one is watching. Every engagement is governed by ethical accuracy and verified independence.
Ubuntu in Business
We believe success is lifting others — our clients, our team, and the communities we serve across East Africa.
Clarity is Power
We simplify financial complexity and deliver transparent, actionable insights that our clients can act on with confidence.
Growth Through Opportunity
We intentionally employ and mentor fresh graduates, building the next generation of Rwanda's financial professionals.
Rooted Locally, Operating Globally
Our work reflects Rwanda's spirit while meeting the international standards of our global clientele.
Pursuit of Excellence
We commit to meticulous craftsmanship and continuous improvement with every single client engagement.
Digital by Default
We embrace smart tools and modern technology to work faster, cleaner, and greener.
Straight answers, before you even call.
How do I register a company in Rwanda?+
Can ALSM handle RDB amendments such as shareholder or address changes?+
How do I close a company in Rwanda?+
What is an investment certificate and how do I apply?+
How do I get a lending licence in Rwanda?+
What do ALSM's outsourced CFO services include?+
Can ALSM set up accounting software for my business?+
What is a KIFC holding company and why domicile one in Rwanda?+
Who needs a trust and company service provider (TCSP) licence in Rwanda?+
Do I need to register with Rwanda's Data Protection Office?+
Should I choose Zoho or ERPNext?+
General guidance only — requirements and incentives depend on your specific facts. Book a consultation for advice on your situation.
Rwanda-first analysis, written by practitioners.
Rwanda's VAT Reform 2025: What Every Business Needs to Know About Law N° 009/2025
The new VAT law reshapes exemptions, rates and compliance obligations — what's changed and why it matters for your business.
Trust vs Foundation vs Partnership in Rwanda
Choosing the right vehicle for asset holding, succession and philanthropy under Rwandan law.
Financial Compliance & Audit Support for NGOs in Rwanda
Grant audits, donor reporting and internal controls for the non-profit sector.
Talk to a partner about your business.
A senior advisor — not a sales team — will respond within one business day.