Did you Know that Ghana is the Most Politically Stable Country in West Africa? It is also a Country with a Large potential, Immense Business Opportunities, Numerous natural resources, a fast expanding economy and a growing middle class, it is also well known for the exceptional hospitality of its inhabitants.
Ghana’s Top Export include Crude petroleum, Gold, Cocoa Beans, Cocoa paste, Cocoa butter, and the top export destinations include; Switzerland, China,France,India,and the Netherlands
Ghana’s top Import Include Cars, Delivery Trucks, Refined Petroleum, Cement and Non Fillet Frozen Fish and The Top Import Destinations include China, United Kingdom, United States, India, Belgium and Luxembourg.
The Tax Regime in Ghana is Quite Straight forward with the Tax rate for personal Income ranging from 0 to 25 %, Corporation Tax is at 25% and Vat at 15%.
For over 1 decade now, East Africa Business Consultants Has assisted many clients with the following Key Company Set Up Services in Ghana;
|Entity||Subsidiary Company||Branch Company|
|How Long does the Company registration process Take?||10 Days||10 Days|
|How long Does it take to Open Bank Account?||5 Days||5 Days|
|After how Long can you Invoice and Hire||15 Days||15 Days|
|Minimum Number of Directors and Shareholders||2||–|
|Foreigner Can own the Company 100%||Yes||Yes|
|Can the entity hire expatriate staff||Yes||Yes|
|Tax Identification Registration required||Yes||Yes|
|Access to Ghana double Tax treaties||Yes||Yes|
|Can bid for Government Contracts?||Yes||Yes|
|Can Secure Trade Finance?||Yes||Yes|
|Can Secure an Import and Export Licence?||Yes||Yes|
|Can Easily Convert into a PLC?||Yes||No|
|Can Secure Work permits for foreign Employees and Directors?||Yes||Yes|
|Multi Currency Bank Accounts Available?||Yes||Yes|