Tax Regime And Investment

Ghana offers competitive investment incentives to investors. Click here for a more comprehensive inventory of investment incentives in Ghana (PDF Version).  Click here for inventory of incentives in Ghana (Excel Version).

The inventory includes information on the type of incentives offered, their eligibility criteria, the relevant laws and regulations, and links to further information.  The Ghana Investment Promotion Centre (GIPC) is committed to showcasing Ghana as an influential leader for doing business in Africa. One of the ways GIPC is advancing transparency  on its investment policy is through this publication of  a comprehensive list of investment incentives made available to investors by the Government of Ghana. The list will be updated periodically to reflect the latest policies and data.  By serving as a one-stop, centralized access point for information on incentives, the inventory aims to support GIPC’s efforts in attracting and growing investment in Ghana while creating jobs and supporting businesses.  

The inventory includes information on the type of incentives offered, their eligibility criteria, the relevant laws and regulations, and links to further information. This inventory is an evolving document that we at GIPC are continuing to refine with your contribution. Please feel free to contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. relating to any investment incentives available in Ghana not captured in the table below or any changes you would like to suggest.

 

Tax Regime (Ghana Revenue Authority)

Tax Rates 

Corporate Tax

25%

Rent Tax

8%

Mineral Royalties

5%

VAT

15%

NHIL

2.5%

Hotels

22%

Financial Institutions- Income From Loan To Farming Enterprises/Lease Company

20%

Companies Engaged In Non- Traditional Export

8%

Companies Listed On The Stock Exchange

22%

 

Investment Incentives

 Tax Holidays (From Start of Operation)

Sector

No. Of Years

Percentage (%) On Chargeable Income 

Real Estate (Certified Low Cost Housing)

5 Years

 1%

Rural Banks

10 Years

 1%

Cattle Ranching

10 Years

 1%

Tree Cropping (e.g Coffee, Oil Palm, Shea-Butter and Coconut)

10 Years

 1%

Livestock Excluding Cattle And Poultry

5 Years

 1%

Fish Farming, Poultry And Cash Crops

5 Years

 1%

Agro-Processing – Converting Fish, Livestock Into Edible Canned Products

5 Years

 1%

Waste Processing (Including Plastics and Polythene)

7 Years

 1%

Free Zones Enterprise/Development

10 Years

 0%

 

Locational Incentives (Tax Rebates)

a) Manufacturing industries located in:

 Accra and Tema

25%

 All other regional capitals

18.75%

Located outside regional capitals

12.50%

b) After the initial 5-year tax holiday period, agro-processing enterprises which use local agricultural raw materials as their main inputs shall have corporate tax rates fixed according to their location as follows:

Accra-Tema

20%

Other Regional Capitals (except Northern, Upper East and Upper West Regional Capitals

15%

Outside Regional Capitals-

10%

Northern, Upper East and Upper West Regions (capitals and all other locations

5%

 

Exemptions

Industrial plant, machinery or equipment and parts thereof are exempted from customs import duty under the HS Codes chapter 82, 84, 85 and 98. An enterprise whose plant, machinery or equipment and parts are not zero rated under the Customs, Excise and Preventive Service Management Act, 1993 may submit an application for exemption from import duties and related charges on the plant, machinery or equipment or parts of the plant, machinery or equipment to the Centre. 

Investment Guarantees

  • Constitutional guarantee
  • Investment laws which guarantee 100% transfer profits, dividends, etc.
  • MIGA membership
  • Bilateral Investment Promotion Treaties (BITs)
  • Double Taxation Agreements (DTAs)

 Ghana Incentives Inventory