INVESTMENT INCENTIVES
The Government of Ghana has, over the past decade, instituted a number of reforms under the Economic Recovery Programme (ERP) to create an enabling environment for investment activity. The Government recognises private investment to be the leading stimulus for economic growth.

Private investors in the Government’s divestiture programme are benefiting from the macro-economic and sectoral reforms introduced under the ERP – most notably the rehabilitation of economic and social infrastructure, the liberalisation of imports and foreign exchange, as well as easy remittance of dividends, profits and fees abroad. In addition, trade regimes devoid of public intervention and reforms that have reduced company taxes in the manufacturing sector have helped to make the business climate more conducive to investment.

Other advantages and incentives include:

• Customs import duty exemptions
• Tax holidays
• Generous capital allowance
• Locational incentives
• Investment guarantees
• Free transfer of capital, dividends and net profits
• Quota-free access to US and European Union markets
• Member of the World Trade Organisation for Settlement of Investment Disputes
• Duty free export trade zones
• Preferential access to 15 other markets on the Economic Community of West African States (ECOWAS); and
• Demonstrated commitment to additional market liberalisation.
• Acquisition under the Divestiture Programme may be granted Free Zone Status with enhanced incentives.