Register by GIPC

NEW REGISTRATION

Before a company or project could be registered at the Centre the following requirements must be fulfilled: Incorporation at Registrar Generals’ Department This procedure is explained in detail in the previous chapter "Register by

RGD".

Minimum Equity Requirement 1. Cash: a. Bank account- open 2 corporate accounts (foreign and local) with a local bank of your choice. b. By bank transfer-Effect a bank-to-bank transfer of minimum equity requirement, which is converted into local currency (cedis). This transaction should be confirmed to the Bank of Ghana by the investor’s authorized dealer bank. Bank of Ghana in turn confirms this transaction to GIPC for the company’s registration purposes. c. By physical cash- physical cash carried into Ghana by individuals for investments should be declared on Bank of Ghana FORM T5 on arrival and subsequently deposited in a bank account within the shortest possible time. This transaction should be confirmed by your dealer bank and the Bank of Ghana as in (ii). This transaction should be confirmed by your dealer bank and the Bank of Ghana as in (ii). 2. Goods/Equipment: In the case of equity in kind, in the form of imported machinery, equipment and goods, all documents covering such imports should be in the name of the registered company and evidenced by the following, which should be submitted to GIPC for registration purposes: a. Bill of lading/ Air Waybill (originals) b. Destination (Ghana) Inspection Certificate c. Customs Bill of Entry Form d. Import Declaration Form (IDF) e. Certified/Final Invoices f. Evidence of Capitalization-form 6 from the Registrar Generals Department NB: Companies exempt from the minimum equity requirement include Manufacturing, Export Trade, Portfolio Investments, companies owned by Ghanaians (living in Ghana or in the Diaspora) and spouses of Ghanaians in marriage for 5years and resident in Ghana by completing the GIPC/R1 form Submission of application

Form from the Registrar of Companies

changes have been made)

or subsidiaries)

General’s Department (in situations where some shares have been transferred)

Certificate, PAYE, SSNIT and Audited Accounts/ Financial Statements

behalf of the company

• Copy of Certificate of Incorporation
• Copy of Certificate to Commence Business
• Copy of Company’s regulation/ Constitution iv. Beneficial Ownership
• Form 3 from the Registrar of Companies
• Change Profile document from the Registrar of Companies (if any
• Articles/Memorandum of Association (in the case of Liaison companies
• Power of Attorney (in the case of Liaison companies)
• Deed of transfer or shareholder’s agreement filed at the Registrar
• Filled GIPC New Registration Form
• Digital address of the company (GPS address)
• Companies already in operation need to provide- TAX Clearance
• A valid national ID card of the person submitting the application on

REGISTRATION RENEWAL

Companies are expected to renew their certificates every two (2) years as stated in section 24 (3) of the GIPC Act 865. The following documents are required:

Page2 • Valid Tax Clearance Certificate

• Completed GIPC Renewal Form
• Digital address of the company (GPS address)
• Status Report (Guidelines attached)
• Any latest Audited Accounts or Financial Statements
• Recent PAYE and SSNIT Payments (List and receipts)
• Copy of permits (for expatriates not on the GIPC Quota)
• ID of person submitting the application on behalf of the company

QUOTA REQUEST FOR EXPATRIATE

Under Section 35 of the GIPC Act 865 immigrant quotas are based on paid- up capital as follows:

Automatic Quota The following documents are required:

expatriate and position in the company)

applicable)

Replacement of a Quota All the above as requested in Automatic Quota Plus one (1) of the Following:

Short Term Work Permit For a Short-Term Work Permit ranging from less than 1 year to a maximum of 5 years the following documents are needed:

expatriate and position in the company)

the expatriate(s)

shortage of the particular skill in Ghana NB: SHORT TERM PERMITS ARE IRREPLACEABLE (excluding 4 or 5years as arranged between GIPC and GIS). Exemption Exemptions from payment of Import Duty on plant and machinery for operations are currently on hold pending administrative procedures to be issued by the Ministry of Finance for the implementation of the new exemption Act 2022 (Act 1083). NOTE: Kindly ensure all attachments are clear and visible for reading and scanning purposes and must be submitted with a valid national ID CARD of officer submitting the registration application on behalf of the company.

• US$50,000 ≥ and < US$250,000, (one automatic quota)
• US$250,000 ≥ and <US$500,000 (two automatic quotas)
• US$500,000 ≥ and <US$700,000 (three automatic quotas)
• US$700,000+ (four automatic quotas)
• Cover Letter addressed to the CEO (letter to indicate name of
• Resume/Curriculum Vitae of expatriate
• Copy of bio data page of passport
• Copy of employment contract between expatriate and company (if
• ID of person submitting the application on behalf of the company
• Confirmation of departure letter from Ghana Immigration Service
• Cover Letter addressed to the CEO (letter to indicate name of
• Resume/Curriculum Vitae expatriate
• Copy of bio data page of passport
• Copy of employment contract between expatriate and company
• Reason/justification for the need for the short-term work permit for
• Proof of attempt(s) made to source the needed skill locally/Proof of

ALL APPLICATIONS MUST BE SUBMITTED ONLINE VIA

investor.services@gipc.gov.gh

EXTERNAL LINKS

External Links (QR codes vers L3)

• Registration Form Renewal GIPC New GIPC Renewal
• GIPC/R1 Registration Form Registration Registration
• GIPC/RRC1 Guideline Guideline