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PRESS RELEASE:INSTALLATION OF FREE EBM SOFTWARE KICKS OFF

In a bid to reduce the cost of doing business and ease compliance, RRA has introduced EBM Version 2, an internet-based electronic billing machine Client Software (EBM-v2) which will be offered for free to all VAT-registered taxpayers in Rwanda. The improved version offers better options like capturing the stock which will serve as an internal control tool to the taxpayers since they will be able to balance stock and sales to check stock movement, this version will also enable easy declaration as users have instant access to their sales data. For importers, EBM-v2 will enable them to monitor their goods form entry point at Customs until the selling point because the EBM-v2 is interfaced with Electronic Single Window. Research shows that before introduction of EBM, time to file and declare VAT would take 45hrs in a full year, now that time has reduced to 5hrs only. EBM-v2 will reduce doing business cost since it is installed for free to all who need it; they only require having a laptop/desktop, a printer to print invoices and internet. Installation has started at RRA Headquarter on 16th April 2018 and we encourage all taxpayers who had EBM machines to register and get the new EBM-v2 software RRA is committed to continue reducing the cost of doing business and create a favorable business environment for this is one of the many IT reforms implemented like Online Certificate of origin for exporters, Electronic Cargo Tracking System, Extension of working hours at Gatuna and Rusumo borders (24 hours). Done at Kigali, on 17th April 2018 BIZIMANA RUGANINTWALI Pascal Deputy Commissioner General and Commissioner for Corporate Services 

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