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HLB Rwanda

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Rwanda

About

HLB Rwanda is an accounting, audit, tax and business advisory firm based in Rwanda and a member of the HLB international network. Through that membership it draws on research, methodology and cross-border support from member firms in other markets while delivering services locally.

The firm advises businesses on Rwandan tax matters and publishes a Rwanda Tax Guide covering recent reforms, including the changes introduced in June 2025 and their effect on pricing, compliance and profitability. It also shares research produced across the HLB network, such as the HLB Survey of Business Leaders, with clients and the wider business community.

HLB Rwanda works with local and internationally owned organisations operating in Rwanda. It also runs a structured internship programme for second-year university students and ACCA/CPA candidates, offering placements of three to nine months in audit and accounting work.
Accounting and Bookkeeping 35%
Tax Compliance and Planning 30%
Advisory Services 25%
Audit Services 10%
General Business Services 100%

Case studies

HLB Rwanda

Helping Thermaflex its worldwide network of companies grow across the world

Thermaflex is a leading manufacturer of special pipes and insulation solutions made from environmentally friendly materials. Founded in the Netherlands in 1976, Thermaflex is an international company with production facilities in Europe, Russia and Thailand, active in more than 40 countries worldwide. The company needed a professional services provider that could deliver services in all their business locations worldwide. As all of the company's products have the disadvantage of huge transport costs, it is crucial to have production close to...

Manufacturing - Insulation and Piping Solutions
Rwanda
HLB Rwanda

Servicing Huawei in West Africa: the world's largest telecommunications equipment company

Huawei Technologies Niger, a subsidiary of Huawei Technologies (a leading global information and communications technology (ICT) solutions provider and the largest telecommunications equipment maker in the world), needed to comply with legal requirements set by the YSCOA (West African Accounting System) in terms of turnover and number of employees. Huawei Niger had to appoint a Statutory Auditor for the certification of its financial statements. The particularity of the client lay in the way its financial statements are established: Huawei Niger...

Telecommunications
Rwanda
HLB Rwanda

Client testimonial by JF Hillebrand

JF Hillebrand is the world's leading specialist logistics provider to the wine and spirit trade, with a global network of both wholly owned offices and agents present in every major wine and spirit market. Since 1844, the company has dedicated itself to the efficient and cost-effective logistics of wines, spirits and beers. With more than 1650 professionals in 45 offices all over the world, JF Hillebrand needed professional services support across their multi-national operations covering thirty-one countries to support their...

Logistics - Wine and Spirit Trade
Rwanda
HLB Rwanda

Client testimonial by Tumi Luggage SL

Founded in 1975, TUMI takes its name from a Peruvian icon known to its founder from his Peace Corps days in South America. During the 1980's, TUMI's innovative introduction of soft, ultra-functional, black-on-black ballistic nylon travel bags catapulted the company to its current leadership position. TUMI needed to expand its operations across multiple European markets and establish a global e-commerce presence. The company required support with setting up entities, establishing bank and insurance relationships, hiring and labour contracts, accounting, year-end...

Retail - Travel Luggage
Rwanda
HLB Rwanda

New Frontier Group, a leader in digital transformation

New Frontier Group is a leader in digital transformation in Central and Eastern Europe and operates worldwide with direct subsidiaries in 17 countries. With €200 million revenues and 2,000 employees, New Frontier Group ranks Top 10 in IT services in Central and Eastern Europe (Gartner), Top 3 to 5 in Russia, Serbia, Czech Republic and Romania, and is expanding rapidly in the other countries it is established in. The company needed an international partner to support its operations across Central...

Technology - IT Services and Digital Transformation
Rwanda
HLB Rwanda

Executing transfer pricing strategies for NHI in Indonesia

Founded in 1982 in Sichuan Province, China, New Hope is the largest private agricultural company and the largest feed producers in China, with an annual production capacity of 20 million tons. In 2006, New Hope began investing in Indonesia by establishing PT New Hope Indonesia (NHI). In 2008, Jakarta based NHI began commercial operations and has expanded in various cities across Indonesia including Surabaya, Medan, Lampung, Semarang and Makassar. NHI comprises of animal feed industry, breeding and cultivation of laying...

Agriculture and Food - Animal Feed Production
Rwanda

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