GHANA INVESTMENT PROMOTION CENTRE
Companies with foreign shareholding with the exception of mining, petroleum and free zone companies are mandated under Ghanaian law to register with the Ghana Investment Promotion Centre (GIPC). Registration with the GIPC has a number of advantages namely;
- Grant of immigrant quotas for foreign nationals depending on the amount of foreign equity contribution introduced into the country. The amount of foreign equity contribution to be made by a foreign shareholder is determined by the nature of business the Company proposes to engage in.
- Constitutional guarantees for the repatriation of profits realised from the company’s business activities.
- Tax reliefs for companies engaged in certain sectors of the economy or located within the various regional capitals.