Sole proprietorship is also known as a one-man business. It is the most common form of business in Ghana.
Requirements
Limited Liability (by Shares) Company: This type of business has between two to fifty members and debenture holders with set objectives for profit.
Requirements:
Limited By Guarantee (NGO, Associations, Churches, Foundations, Clubs & Charities): This type of business has between two to fifty members and subscribers whose objective is not for profit.
Requirements:
Requirements
Service Industry:
Such as Construction and Civil Works
(i) Minimum of five hundred thousand US Dollars (USD 500,000) in equity i.e Ghanaian Cedi equivalent for the foreigners at the Prevailing Bank rate
(ii) Applicants are to pay 1% stamp duty on the stated capital at the time of Incorporation
Trading Industry
Such as general Trading, Importers, Dealers in General Goods and Retail Trading, Manufactures Representatives
(i)Minimum of One Million US Dollars (USD 1,000,000) in equity i.e Ghanaian Cedi equivalent for the foreigners at the Prevailing Bank rate
(ii) Applicants are to pay 1% stamp duty on the stated capital at the time of Incorporation
All enterprises in the Country with Foreign participation are required to register with the Ghana Investment Promotion Centre (GIPC) for an Investment Cert and other permits
Limited By Guarantee (NGO, Associations, Churches, Foundations, Clubs & Charities): This type of business has between two to fifty members and subscribers whose objective is not for profit.
External Company: It is branch of an existing company usually registered by a Local Manger on behalf of the company registered outside the jurisdiction of Ghana, who wants to own a branch or place of business in Ghana.