TRADE WITH GHANA
Why Locate In Ghana
Ghana is strategically located within West Africa with easy access to one of Africa’s biggest markets with a population of 250 million people. Ghana’s location together with its relative stability makes Ghana a gateway for regional trade and investment.
Among other factors that make Ghana unique as an investment destination of choice in the sub-region are:
• A stable political environment within the West African sub region
• Abundant, adaptable and easily trainable labour force.
• A competitive daily minimum wage rate
• No restrictions on issuance of work and residence permits to free zone investors and employees
• Duty free access of manufactured exports to USA (AGOA) and European Union markets
• Excellent sea and air connections with Europe and USA
• Strategic and central location with West Africa providing access a market of 250 million people
• An already existing industrial base
• Availability of a stock exchanges as well as other bank and non-banking financial institutions
• A dynamic private sector willing to collaborate with foreign partners
• A committed and progressive government to private sector participation
• A high degree of personal safety
• A truly hospitable people
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 several countries