FORMS OF BUSINESS ORGANISATION: The main forms of business organisation in Ghana are as follows: private and public limited liability companies, branches of foreign companies, partnerships, sole traders, companies limited by guarantee and unlimited liability companies.
The 1992 Ghanaian constitution (the “Constitution”), approved by referendum, establishes the multi-party system of Ghana’s democracy. The Constitution is the fourth republican constitution since Ghana gained independence in 1957. Accordingly, the era under the Constitution is described as the “Fourth Republic”. Ghana’s legal system comprises the...
A strong tradition of press freedom across all segments characterises the Ghanaian media sector, and as the economy continues to grow, a report from the International Research & Exchanges Board (IREX) shows the sector is expected to remain in good health.
Ghana has seen growth in the number of multinational organisations operating in all sectors. There has been a consequent rise in the volume and variety of intercompany transactions for intra-group services such as royalties, debt financing, management and technical services. New transfer pricing (TP) regulations have thus been introduced to...
As the Ghanaian health care sector grapples to absorb a rising number of new patients each year, the government has made a push for decentralisation. For the most part, this is aimed at accelerating the transfer of responsibility for provision from the central government to the country’s 10 regions and 216 districts. Though administrative and fiscal...
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