Ghana_Africa_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Ghana

Advantages of Registering a Company in Ghana

1. Stable political landscape: Ghana maintains relatively steady political conditions, laying a sound operational foundation for foreign-funded enterprises.

2. Strategic geographical position: Formerly known as the Gold Coast, Ghana boasts a prime location that grants easy access to markets across the whole of West Africa.

3. Abundant natural resources: Ghana is endowed with rich reserves of gold, bauxite, crude oil and other mineral resources.

4. Government-backed investment policies: The Ghanaian government offers policy incentives, expedited approval procedures and all-round supporting services for investors.

5. Diverse human resources: Ghana has a large young and dynamic population, supplying ample labor resources.

6. Growing domestic market demand: Robust growth potential can be seen across food, tech goods and service industries nationwide.

7. Unique cultural and tourism resources: Ghana features diverse cultural heritage and welcoming locals, enabling companies to smoothly integrate into local communities.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Company Name

Submit an online application via the official website of the Registrar General's Department of Ghana; approved names will be reserved for 30 days.

Shareholders

At least one shareholder is required, who may be a natural person or a corporate shareholder.

Directors

A minimum of two directors is required, including at least one local resident director.

Registered Capital

The minimum share capital for consulting service businesses is USD 500,000 (USD 1,000,000 is required for retail businesses). Stamp duty equivalent to 1% of the share capital shall be paid upon registration.

Serial

Name

Details

Private Limited Company（Private Ltd.）

This is the most common type of company, where shareholders' liability is limited to their capital contributions. Company names shall generally end with "Limited" or "Ltd".

Public Limited Company（PLC）

It may offer shares to the general public and its name must end with "Plc". It is subject to stricter corporate governance and information disclosure requirements. A minimum of seven shareholders and three directors is required, including at least one local resident director.

Unlimited Company

Shareholders bear unlimited liability for the company's debts, and this type of entity is rarely adopted.

Serial

Name

Details

Power of Attorney

Information Collection Form

Individual Shareholder

1. Scanned copies of passports of all shareholders and Ghanaian company directors;

2. Proof of address (utility bills or credit card statements with address issued within the latest three months)

Corporate Shareholder

1. Business Registration Certificate and Company Constitution;

2. Equity structure diagram;

3. Scanned passports and proof of address (utility bills or credit card statements with address issued within the past three months) of the legal representative of the corporate shareholder, Ghanaian company directors and ultimate beneficial owners;

Note: All non-English documents must be accompanied by certified English translations.

REGISTRATION PROCESS

1

Fill out the information collection form and conduct company name verification
2

Prepare documents of shareholders and directors
3

Submit all documents and supporting materials
4

Approval and company registration
5

Registration completed
6

Tax Registration
7

Open a corporate bank account