GIPC ACT PDF

GHANA INVESTMENT PROMOTION CENTRE ACT – (ACT ) . Section – 17 – Application Of Act. This Act does not apply to mining and petroleum. Under the Ghana Investment Promotion Centre Act, (Act ), any enterprise in which there is foreign participation is required to register with the Ghana. Ghana Investment Promotion Centre ACT, Act E-mail ยท Print. Ghana Investment Promotion Centre ACT, Act Click to download full document.

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Section – 39 – Regulations. Republic of Burkina Faso May For the purposes of promoting identified strategic or major investment, the Board may in consultation with such appropriate state agencies as the Board may determine and with the approval of the President, negotiate specific incentive packages in addition to the incentives provided under section 23 of this Act gopc such period as the Board may specify.

Section – 14 – Annual Report.

Section – 3 – Functions Of The Centre. Notwithstanding section 15 of this Act, the President may hipc the advice of the Board in writing request the Registrar-General, the Director of Immigration and the head of any government Department to station at the offices of the Centre such public officers as may be specified therein and the request shall be complied with. Additionally, the Government of Ghana has entered into Bilateral Investment Promotion and Protection Agreements IPPAsas well as Double Taxation Agreements with a number of countries to further enhance the xct and security of the investment regime.

Ghana Investment Promotion Centre ACT, 2013 Act 865

Ghana is open for business again! Section – 6 – Committees Of The Board. In the words of H. Section – 28 – Guarantee Against Expropriation.

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Laws & Regulations โ€“ Ghana Investment Promotion Centre โ€“ GIPC

The vision and policy direction of acy new government is one of hope, jobs, wealth creation, and a robust economy that supports a thriving private sector.

Laws applicable to the operation of business in Ghana conform to international standards and best practice.

The enterprises specified in the Schedule to this Act are reserved for Ghanaians and may not be undertaken by a non-Ghanaian. Leave a Reply Cancel reply.

Laws & Regulations

The Ghana Investment Promotion Centre Act, Actprovides guarantees including prohibition against discrimination and expropriation to all enterprises. Socialist Republic of Romania September 4. The Board may, on the recommendations of the Chief Executive, create such departments in the Centre as it may consider necessary for the efficient discharge of the functions of the Centre.

Ghana is a member of the Multilateral Investment Guarantee Agency MIGA of the World Bank, which provides investment guarantees against non-commercial risks for investments in developing countries.

The successful implementation of these several initiatives will create an industrialized economy that creates jobs; a modernized agricultural sector that emphasizes value addition and an integrated business infrastructure that truly cranks up the private sector as the engine of growth. Section – 26 – Priority Areas.

Section – 1 – Establishment Of Centre.

Section – 10 – Responsibility For The Centre. Section – 30 – Immigrant Quota. Section – 20 – Export Trading Enterprises Exempted. All government departments, government agencies and other public authorities shall co-operate fully with the Centre in the performance of its functions under this Act.

The Swiss Confederation 8-October January 6. Federal Republic of Yugoslavia April- Section – 21 – Establishment Of Enterprises. Any enterprise which desires to avail itself of the incentives provided under section 23 of this Act but whose plant, machinery, equipment or parts thereof are not zero-rated under the Customs Harmonised Glpc and Tariff Code scheduled to the Customs, Excise and Preventive Service Law, PNDCL may submit an application for exemption of import duties, sales tax or excise duties on the plant, machinery, equipment or parts thereof to the Centre.

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Section – 5 – Meetings Of The Board. The details are indicated in the following tables. Section – 2 – Objects Of Centre. Section – 40 – Interpretation.

Republic of Mauritius May 5. There are gjpc numerous Public sector Ministries, Departments and Agencies as well as private legal, business consulting and accounting firms, which provide expert guidance on doing business in Ghana.

Republic of Benin May Section – 25 – Incentives For Special Investments. Section – 35 – Offences And Penalty. The Kingdom of Spain 6-October โ€” Mediation, arbitration and other alternative forms of dispute resolution are readily available and routinely used. Section – 13 – Financial Year Of Centre. This Act does not apply to mining and petroleum enterprises. The financial year of the Centre shall be the same as the financial year of the Government.

Ghana Investment Promotion Centre ACT, Act | Laws

Section – 33 – Technology Transfer Agreement. Damages are compensatory, not punitive, and an Independent Court system ensures equitable protection of rights. Section – 17 – Application Of Act.