Ghana’s corporate legal environment is primarily regulated by the Companies Act 2019, which established a Registrar of Companies (RoC) separate from the Registrar General’s Department (RGD). The RGD was responsible for business registration under previous iterations of the act, but the legislation shifts its responsibility to improving service...
A series of laws were passed in recent years aimed at supporting the development of Ghana’s private sector. These changes addressed long-standing impediments to investment and created a supportive regulatory environment that facilitated the growth of entrepreneurships; micro-, small and medium-sized enterprises (MSMEs) and large corporations...
LANGUAGE: English is widely spoken in the country and is the language for government and business affairs. However, knowledge of basic words in Twi – Meda wo ase (Thank you); Wo ho te sen? (How are you?) – or other local languages will be highly valued.
TANG PALACE HOTEL Borstal Ave, Airport Residential Area, PO Box 20133 T: (233) 243 500 692/95 www.tangpalacehotel.com.gh/en info@tangpalacehotel.com.gh Rooms: More than 100 rooms, including a presidential suite, a ministerial suite, an executive suite and junior suites, as well as superior and executive rooms, and duplex rooms for families or...
The value-added tax (VAT) regime in Ghana can be complicated, as it blends both the features of a traditional sales tax, which lacks the ability to claim credit for some aspects of the tax incurred by a business – and a pure VAT, where claims are permitted for input taxes incurred. The tax was first introduced in 1995, and meant to replace...
The Ghana Revenue Authority (GRA) is the agency mandated to assess and collect taxes in the country. It enforces tax-related legislation, and acts as an arbitrator in the event of a dispute. It falls under the umbrella of the Ministry of Finance and Economic Planning.
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