1. INTERNATIONAL RECOGNITION OF GHANA’S BUSINESS CLIMATE
Ghana is ranked the best place to do business in West Africa (Source: Doing Business Report 2009 IFC)
Ghana is in the top ten in Africa by overall aggregate for doing business (Source: Doing Business Report 2009 IFC)
Ghana is the best place to register property and protect investors in the ECOWAS region (Source: Doing Business Report 2009 IFC)
Ghana has been honoured with the Commonwealth Business Council (CBC) 2008 African Business award for “Best Investment Climate”
2. GENERAL INCENTIVES FOR INVESTORS
Provided under GIPC Act 478:
Custom duties exemption for plant, machinery, equipment and parts thereof
Graduated and reasonable corporate taxes
Location incentives of between 25% – 50% tax rebates for manufacturing companies
Tax holidays ranging from 5 – 10 years depending on sectors
Automatic immigrant quotas depending on paid-up capital
Other attractive tax concessions such as accelerated depreciation for plant and buildings, five-year loss carry-over and R&D expenditure deductibility
Relief from double taxation for foreign investors and employees where applicable
.3. INVESTMENT GUARANTEES
Protection Regime – Article 20(1) of Ghana’s Constitution Protects Investors from compulsory acquisition of private property by Government
100% transfer of profits, dividends, fees etc under Investment Law
Bilateral Investment Promotion and Protection Agreements
Membership of MIGA
Agreement with OPIC
Dispute Settlement Guarantees
. ICSID
. UNCITRAL
. GHANA ARBITRATION CENTRE
. COMMERCIAL COURTS