Promote:
Invest in Ghana
A short guide for companies expanding into Ghana: the economy at a glance, the rules and steps to set up, and who can help, each with its source.
1. Ghana at a glance
PopulationEstimate
35.1 million
Ghana's population was 35,064,272 people in 2025.
Source: World Bank WDI, Ghana population, 2025 (opens in a new tab) · as of 2025
GDPEstimate
US$114.2 billion
Ghana's GDP was US$114.21 billion in 2025, at current prices.
Source: World Bank WDI, Ghana GDP, 2025 (opens in a new tab) · as of 2025
GDP per personEstimate
US$3,257
GDP per person was US$3,257.16 in 2025, at current prices.
Source: World Bank WDI, Ghana GDP per person, 2025 (opens in a new tab) · as of 2025
Real GDP growthEstimate
6.0%
Real GDP growth was 5.95 percent in 2025, the World Bank figure.
Source: World Bank WDI, Ghana real GDP growth, 2025 (opens in a new tab) · as of 2025
Inflation
5.2%
Twelve-month consumer price inflation was 5.2 percent in September 2026.
Source: Ghana Statistical Service, home page, CPI inflation, September 2026 (opens in a new tab) · as of September 2026
Foreign direct investment inflows
US$1.91 billion
UNCTAD reports foreign direct investment inflows to Ghana of US$1,908.244 million in 2025.
Source: UNCTADstat, foreign direct investment flows and stock (opens in a new tab) · as of 2025
The currency is the Ghana cedi.
Source: Ghana Investment Promotion Authority, home page (opens in a new tab) · as of October 30, 2026
2. Before you set up
The investment agency, any one-stop route, the sectors reserved for nationals and the zones, as the guide found them.
The Ghana Investment Promotion Authority (GIPA) is the investment promotion agency, set up under Act 1173.
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
Act 1173 gives GIPA the function of a one-stop shop for the promotion and facilitation of investment.
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
Section 32 of Act 1173 reserves six activities for citizens and wholly citizen-owned enterprises, among them market trading, beauty salons and barbering shops, small taxi fleets and sachet water.
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
GFZA's home page describes four zones: Tema, Ashanti Technology Park, Sekondi and Shama.
Source: Ghana Free Zones Authority, home page (opens in a new tab) · as of October 30, 2026
3. Steps to set up
The main steps, in order, each with the body responsible and its official page.
Setting up in Ghana
- Check section 32 of Act 1173 and any sector law before you choose an activity or ownership structure.Ghana Investment Promotion Authority; relevant sector regulatorOfficial page (opens in a new tab)
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
- Register the company or external company, and file the beneficial ownership profile.Office of the Registrar of CompaniesCompany limited by shares: GHS 585 plus 1% capital duty; external company: US$1,400 in cedi equivalentOfficial page (opens in a new tab)
Source: Office of the Registrar of Companies, 2026 fees and charges (opens in a new tab) · as of 2026
- Register for the tax types that apply and get a taxpayer identification number.Ghana Revenue AuthorityOfficial page (opens in a new tab)
Source: Ghana Revenue Authority, tax registration page (opens in a new tab) · as of October 30, 2026
- Arrange capital through a licensed bank; a noncitizen's trading enterprise needs US$500,000 in cash equity and 75 percent skilled Ghanaian staff.Ghana Investment Promotion Authority; licensed bankTrading enterprise: at least US$500,000 cash equityOfficial page (opens in a new tab)
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
Show 7 more set-up steps
- Register a foreign-owned enterprise with GIPA before operations, and renew the registration every year.Ghana Investment Promotion AuthorityAct: five days after a complete application; GIPA fee page: 24-hour premium service, US$210Official page (opens in a new tab)
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
- If you license technology from abroad, register the technology transfer agreement with GIPA.Ghana Investment Promotion AuthorityOfficial page (opens in a new tab)
Source: Ghana Investment Promotion Authority, technology transfer agreements page (opens in a new tab) · as of October 30, 2026
- For a free zone, apply to GFZA with proof of export activity, funding, premises and any environmental permit.Ghana Free Zones AuthorityDecision notice within 28 working days; initial license fee US$3,000 to US$10,000 by activityOfficial page (opens in a new tab)
Source: Ghana Free Zones Authority, licensing and registration guide (opens in a new tab) · as of October 30, 2026
- Get the sector licenses, environmental permit and product approvals your activity requires.Relevant sector regulators; Environmental Protection AuthorityEPA permit: 25 working days for small and medium-scale projects, 90 days for large-scale ones, excluding the applicant's own actionOfficial page (opens in a new tab)
Source: Environmental Protection Authority, permit questions page (opens in a new tab) · as of October 30, 2026
- Use Lands Commission searches and registration for the premises, and confirm any landholding limits first.Lands CommissionOfficial page (opens in a new tab)
Source: Lands Commission, home page (opens in a new tab) · as of October 30, 2026
- Apply for the work and residence permits foreign staff need before they start the covered activities.Ghana Immigration ServiceOfficial page (opens in a new tab)
Source: Ghana Immigration Service, work and residence permit page (opens in a new tab) · as of October 30, 2026
- Use a licensed dealer to transfer dividends, loan payments, technology fees and sale proceeds, within foreign exchange rules.Bank of Ghana; licensed dealerOfficial page (opens in a new tab)
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of July 15, 2026
4. Organizations that help investors
Start with GIPA and GRA. Each card links to the organization’s own site.
Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets
Investment and business setup
- Get advice
Investment promotion agency
GIPA
Ghana Investment Promotion Authority
Registers foreign-owned enterprises under Act 1173 and registers technology transfer agreements.
Visit GIPA (opens in a new tab)Source: Ghana Investment Promotion Authority, fees and services page (opens in a new tab) · as of October 30, 2026
- Meet requirements
Company registry
ORC
Office of the Registrar of Companies
Registers companies and external companies and publishes registration and filing fees.
Show 3 more organizations
- Get advice
Free zone authority
GFZA
Ghana Free Zones Authority
Licenses free zone enterprises and explains the scheme's incentives and export conditions.
Visit GFZA (opens in a new tab)Source: Ghana Free Zones Authority, home page (opens in a new tab) · as of October 30, 2026
- Meet requirements
Immigration and permits authority
GIS
Ghana Immigration Service
Administers work and residence permits for the staff of companies.
Visit GIS (opens in a new tab)Source: Ghana Immigration Service, work and residence permit page (opens in a new tab) · as of October 30, 2026
- Meet requirements
Land administration authority
LC
Lands Commission
Provides land searches, title and deed registration and related land services.
Visit LC (opens in a new tab)Source: Lands Commission, home page (opens in a new tab) · as of October 30, 2026
Customs and tax
- Meet requirements
Tax and customs authority
GRA
Ghana Revenue Authority
Administers business taxes, customs export procedures and the ICUMS single window.
Visit GRA (opens in a new tab)Source: Ghana Revenue Authority, export procedures page (opens in a new tab) · as of October 30, 2026
- Meet requirements
Central bank
BoG
Bank of Ghana
Publishes foreign exchange and export proceeds rules, including the Letter of Commitment notice.
Visit BoG (opens in a new tab)Source: Bank of Ghana, Notice 2025/34 on Letters of Commitment, 2025 (opens in a new tab) · as of October 29, 2025
Show 1 more organization
- Meet requirements
Port authority
GPHA
Ghana Ports and Harbours Authority
Publishes vessel and container schedules, tolls and port statistics for the ports of Tema and Takoradi.
Visit GPHA (opens in a new tab)Source: Ghana Ports and Harbours Authority, home page (opens in a new tab) · as of October 30, 2026
Chambers and industry associations
- Get advice
National chamber of commerce
GNCCI
Ghana National Chamber of Commerce and Industry
Issues certificates of origin and other export documentation, and offers business support and advocacy.
Visit GNCCI (opens in a new tab)Source: Ghana National Chamber of Commerce and Industry, export documentation page (opens in a new tab) · as of October 30, 2026
- Get advice
Manufacturers' association
AGI
Association of Ghana Industries
Provides industry advocacy, business support and capacity-building services.
Visit AGI (opens in a new tab)Source: Association of Ghana Industries, services page (opens in a new tab) · as of October 30, 2026
Show 2 more organizations
- Get advice
Young entrepreneurs' chamber
GCYE
Ghana Chamber of Young Entrepreneurs
Provides business guidance, training, advocacy and financing information for young entrepreneurs.
Visit GCYE (opens in a new tab)Source: Ghana Chamber of Young Entrepreneurs, home page (opens in a new tab) · as of October 30, 2026
- Get advice
Bilateral chamber of commerce
UKGCC
UK-Ghana Chamber of Commerce
Provides bilateral trade support, market-entry services and business capacity building.
Visit UKGCC (opens in a new tab)Source: UK-Ghana Chamber of Commerce, home page (opens in a new tab) · as of October 30, 2026
5. Worth knowing
Currency and settlement
The Bank of Ghana reports that the cedi gained 40.7 percent against the United States dollar in 2025, after losing 19.2 percent in 2024.
What to do: Confirm the settlement currency and the rate with your bank on the contract date.
Source: Bank of Ghana, 2025 Annual Report (opens in a new tab) · as of October 30, 2026
Public debt and arrears
The Bank of Ghana reports public debt of GHS 641.1 billion, or 44.7 percent of GDP, at the end of 2025, down from 61.6 percent a year before.
What to do: Check payment terms and the payment record of a public body before you sign a contract.
Source: Bank of Ghana, 2025 Annual Report (opens in a new tab) · as of October 30, 2026
Gold trading rules
GoldBod describes itself as the sole authority with exclusive rights to buy, sell, assay and export gold and other precious minerals in Ghana.
What to do: Confirm licensing with GoldBod before you start gold buying, processing or export.
Source: Ghana Gold Board, home page (opens in a new tab) · as of October 30, 2026
Reserved sectors
Act 1173 reserves market trading, beauty salons and barbering, small taxi fleets, exercise books, finished pharmaceutical retail and sachet water for citizens and wholly citizen-owned enterprises.
What to do: Check section 32 and any sector law before you choose an activity or ownership structure.
Sources: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab); Ministry of Trade and Industry regulatory portal, Act 1173 entry (opens in a new tab) · as of October 30, 2026
Show 3 more
Trading enterprise minimum capital
Act 1173 requires a noncitizen's trading enterprise to bring at least US$500,000 in cash equity and employ at least 75 percent skilled Ghanaians.
What to do: Confirm the equity and staffing rules with GIPA before you set up a trading enterprise.
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of October 30, 2026
Free zone export requirement
GFZA says licensed free zone enterprises must export at least 70 percent of annual production, with up to 30 percent allowed for the local market.
What to do: Confirm that your project can meet the export share before you apply for a license.
Sources: Ghana Free Zones Authority, home page (opens in a new tab); Ghana Free Zones Authority, licensing and registration guide (opens in a new tab) · as of October 30, 2026
Investor complaints
Section 43 of Act 1173 sets a grievance mechanism: GIPA acknowledges a complaint within five days and helps resolve it within three months.
What to do: Submit a complaint against a government institution within six months of the grievance.
Source: Ghana Investment Promotion Authority Act, 2026 (Act 1173), Gazette copy (opens in a new tab) · as of October 30, 2026
6. How Promote:Global helps
- Compare Ghana with other countriesSet Ghana beside other countries on investment momentum, fundamentals and trade access, before site, tax and legal work.
- Find advisors and service firmsAsk an advisory firm a scoped, paid question, or browse firms that list their own services, from legal work to logistics.
- Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.
Turn this guide into your Ghana project.
Use Promote:Global to explore markets, understand requirements and organize your next steps.
Promote:Ghana is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.
Facts read from public sources, with an editorial cut-off of October 30, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.