Investment Incentives

Incentives to the sector may apply under the following provisions:

• There is custom duty exemption for agricultural, and industrial plant, machinery and equipment imported for investment purposes
• Listed companies enjoy corporate tax of 25% and newly listed companies enjoy 25% corporate tax for the first three years
• Location Incentives (tax rebate) for manufacturing industries located in the regional capitals

Investment Guarantees

Ghana is a safe investment destination. Guarantees against expropriation of private investments provided under law are buttressed by the Ghanaian Constitution. Some investment guarantees are detailed below:

• Free transferability of capital, profits and dividends
• Insurance against non-commercial risks – Ghana is a signatory to the World Bank’s Multilateral Investment Guarantee Agency (MIGA) Convention
• Double Taxation Agreements (DTAs) – to rationalize tax obligations of investors in order to prevent double taxation. DTAs have been signed and ratified with France and the United Kingdom. DTAs have been signed with Germany and concluded with Belgium, Italy and Yugoslavia.