Ghana officially called the Republic of Ghana; it is a multinational state and unitary presidential constitutional republic, located in the sub region of West Africa. Ghana’s wealth of resources, democratic political system and vibrant economy, makes it undoubtedly one of Africa’s leading lights. Gaining the world’s confidence with a clam political transition and a grounded and firm commitment to democracy has helped in expediting Ghana’s growth in foreign direct investment (FDI) in the latest years. Ghana has attracted the interest of well-known international businesses, investing in all sectors of economy. All these investors have come to Ghana because they know that Ghana have a wonderful favorable social, political and economic environment in which they can invest, develop and be successful. Scroll down to read more on the procedures for a company formation in Ghana.
|Type||Limited Liability Company|
|Under Ghana law, foreigners can own||100%|
|Share Capital||Services the stated capital is $500,000 and
for Trading the stated capital is $1bn.
|Memorandum and Articles of Association||Yes|
|Can the entity hire expatriate staff in Ghana||Yes|
|How long to open Corporate Bank Account||1 -2 Weeks|
|Timeframe for Incorporation||5 – 6 Weeks|
|Tax Registration Certificate Required||Yes|
|Statutory audit required||Yes|
|Access to Ghana double tax treaties||Yes|