Establishing a company in Ghana
Any business that intends to establish in Ghana must first register at the Registrar General’s Department (RGD) to obtain the certificate of incorporation, certificate to commence business and company’s code or regulation. After this process, a Ghanaian company is free to start a business, however, companies that are partly or fully owned by foreigners are required to meet certain equity conditions (either cash or in-kind or both) and then register with the Ghana Investment Promotion Centre (GIPC) or the Ghana Free Zones (GFB) Board if at least 70% of the company’s product or services would be exported. Below are the detailed procedures
Types of companies
A business can be conducted under two categories:
- A limited liability company (local company) incorporated under the laws of Ghana
- An external company (liaison office).