The following entities shall be subject to corporate income tax:

1° companies established in accordance with Rwandan law or foreign law;

2° cooperative societies and their branches;

3° public business enterprises;

4° partnerships;

5° entities established by Districts, Towns and Municipalities and the City of Kigali, to the extent that these entities conduct business;

6° de facto companies or associations and any other entities that perform business activities, and are established to realize profits.