Are there any post-incorporation requirements that need to be satisfied in Ghana? For example, registrations for tax purposes or business licences.
Yes. There are post-incorporation requirements for companies that need to be satisfied. All foreign or foreign investors who are participating in such undertaking in Ghana are mandated to register their business with the GIPC.
Newly incorporated companies are also required to register with the Ghana Revenue Authority for statutory taxes. The business shall also be required to register with the metropolitan authority within the area it intends to operate. Businesses within certain sectors shall have a further requirement to register with their industry regulator and obtain a licence to operate. For example, a company that intends to undertake banking business shall have to apply for and obtain a licence to operate from the Bank of Ghana to be eligible to commence banking business.
Previous topic
Are there any filing requirements for a change of directors or a change in shareholding in Ghana?
Next topic
If there is no requirement to have a local director or shareholder in Ghana, what is a foreigner required to do to register a company for tax purposes and other similar post-incorporation registrations?