GHANA INVESTMENT PROMOTION CENTRE ACT – (ACT ) . Section – 17 – Application Of Act. This Act does not apply to mining and petroleum. Under the Ghana Investment Promotion Centre Act, (Act ), any enterprise in which there is foreign participation is required to register with the Ghana. Ghana Investment Promotion Centre ACT, Act E-mail ยท Print. Ghana Investment Promotion Centre ACT, Act Click to download full document.

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Section – 3 – Functions Of The Centre. In the words of H. Republic of Botswana July 8. Section – 31 – Assistance To Enterprise. Republic of Barbados 28 -April 9. Section – 17 – Application Of Act.

Ghana is open for business again! Republic of Mauritius May 5. The details are indicated in the following tables. Section – 33 – Technology Transfer Agreement.

Section – 32 – Personal Remittances.

The Kingdom of the Netherlands March 1-July 3. Socialist Republic of Romania September 4. Section – 5 – Meetings Of The Board. Section – 9 – Department Of The Centre. The Kingdom of Denmark January- 6-January- 5.

Republic of Benin May For the purposes of promoting identified strategic or major investment, the Board may in consultation with such appropriate state agencies as the Board may determine and with the approval of the President, negotiate specific incentive packages in addition to the incentives provided under section 23 of this Act for such period as the Board may specify.


Section – 23 – Benefits And Incentives. Section – 2 – Objects Of Centre.

Ghana Investment Promotion Centre Act – GhanaLegal – Legal Portal for Ghana

bipc Subject to this section an enterprise to which this Act applies shall be guaranteed unconditional transferability through any authorised dealer bank in freely convertible currency of- a dividends or net profits attributable to the investment; b payments in respect of loan servicing where foreign loan has been obtained; c fees and charges in respect of any technology transfer agreement registered under this Act; and d actt remittance of proceeds net of all taxes and other obligations in the event of sale or liquidation of the enterprise or any interest attributable to the investment.

Republic of Burkina Faso May Republic of Cuba 3-November 3. The Centre shall provide to an enterprise such assistance and guidance as the enterprise may require and shall act as liaison between the enterprise and relevant government departments, agencies glpc other public authorities.

Doing Business and Applicable Laws in Ghana Laws applicable to the operation of business in Ghana conform to international standards and best practice.


The successful implementation of these several initiatives will create an industrialized economy that creates jobs; a modernized agricultural sector that emphasizes value addition and an integrated business infrastructure that truly cranks up the private sector as the engine of growth. Section – 6 – Committees Of The Board. Laws applicable to the operation of business in Ghana conform to international standards and best practice.

The vision and policy direction of the new government is one of hope, jobs, wealth creation, and a robust economy that supports a thriving private sector. These laws are based on a framework of legislation relating to business activity, copyrights, patents, trademarks, disputes and labour relations. Section – 29 – Dispute Settlement Procedures. Other initiatives include the establishment of one multi-purpose industrial park in each administrative region, One District, One Yipc, Planting for Food and Jobs as well as the development of strategic anchor industries as new pillars of yipc for the Ghanaian economy.

Section – 30 – Immigrant Quota.

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Section – 10 – Responsibility For The Centre. Section – 18 – Enterprises Reserved For Ghanaians. Leave a Reply Cancel reply.