Ghana was the first country south of the Sahara to be independent with a stable multi party democracy; it is regarded as the ‘Gateway to Africa’. Endowed with natural resources and high literacy rate with friendly people, it is the investor’s dream.
Opportunities
- Agro Processing [fish, fruits, vegetables, food crops and wood products etc.];
- Mineral Processing [gold, diamond, salt, etc.]
- Manufacturing;
- Tourism
- Real Estate Development
- Information and Communications Technology
- Agricultural and Industrial Estate, Roads and Highways, Railways and Ports [air, sea, and lake transport.] Mass Transportation [bus, rail systems etc.,]
- Health Services Delivery
- Energy
- Development, management and operation of Export Processing Zone
Investment guarantees
- Politically stable multi-party democracy environment;
- Constitutional provisions that guarantee investment safety;
- Investment laws which guarantees 100% transfer of profits, dividends, etc.;
- MIGA guarantee coverage;Investment Promotion and Protection Agreements, bilateral agreement between Swiss and Ghanaian Investment concerns
Procedures: - one-stop approval and/or facilities by respective Investment Promotion agencies, the Ghana Investment Promotion Centre is the agency to be contacted for mainstream investment concerns.
Ownership: - 100% foreign participation is allowed.
Investment incentives
- Corporate tax; - 8% on non traditional export income, 25% for hotels and 32.5% for others;
- Locational incentives – 25-50% tax rebates;
- Tax holidays : indefinite for cocoa farming; 3-10 years depending on sector; 10 years for free zones with 8% corporate tax thereafter;
- Tariff exemption – 100% duty exemption for production equipment.
- Proximity and quota-free access to US and EU markets;
- Warm and friendly people and a high degree of personal safety.