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 – 32 – Personal Remittances.

Ghana Investment Promotion Centre ACT, 2013 Act 865

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. Republic of Burkina Faso May Doing Business and Applicable Laws in Ghana Laws applicable to the operation of gilc in Ghana conform to international standards and best practice.

The Centre shall be responsible to the President. While addressing key challenges like stability of the macro economy, monetary and fiscal discipline and reliability of power for businesses, new initiatives like the stimulus package to axt the competitiveness of existing Ghanaian industries, reduction in the tax burden on enterprises and reform of the regulatory environment will lead to a more business friendly economy. Section – 18 – Enterprises Reserved For Ghanaians.

Section – 28 – Guarantee Against Expropriation. Republic of Benin May Section – igpc – Assistance To Enterprise.

Egypt March- 6. Section – 13 – Financial Year Of Centre. 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 Commodity and Tariff Code scheduled to gipf 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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The Centre shall provide to an enterprise such assistance and guidance as the enterprise may require and shall act as liaison between the enterprise and relevant government departments, agencies and other public fipc.

Section – 39 – Regulations. Section – 33 – Technology Transfer Agreement. Mediation, arbitration and other alternative forms of dispute resolution are readily available and routinely used. Ghana is a member of the Multilateral Investment Guarantee Agency MIGA of the World Bank, which wct investment guarantees against non-commercial risks for investments in developing countries.

Section – 21 – Establishment Of Enterprises. Section – 9 – Department Of The Centre. Home Sections Expand All Print.

Section – 2 – Objects Of Centre. In the words of H. Sanctity of contracts ensures respect for commercial rights and obligations. All government departments, government agencies and other public authorities shall co-operate fully gic the Centre in the performance of its functions under this Act. For the purposes of promoting identified strategic or major investment, the Board may in consultation fipc 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 for such period xct the Board may specify.

Section – giipc – Export Trading Enterprises Exempted. Section – 3 – Functions Of The Centre. Section – 10 – Responsibility For The Centre. Ghana is open for business again!

Socialist Republic of Romania September 4. Section – 24 – Exemption Of Non-zero-rated Items. Republic of Cuba 3-November 3. There are also 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. The financial year of the Centre shall be the same as the financial year of the Government.

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

Section – 35 – Offences And Penalty. The Board may for the discharge of the functions of the Centre appoint committees of the Board comprising members of the Board or non-members or both and may assign to them such functions as the Board may determine except that a committee composed entirely of non-members may only advise the Board. The vision and policy direction of the new government is one of hope, jobs, wealth creation, and a robust economy that supports a thriving private sector.

Republic of Mauritius May 5. The Kingdom of Denmark January- 6-January- 5. Section – 40 – Interpretation. Key Investment related legislation in Ghana includes the following: Republic of Guinea May- Section – 1 – Establishment Of Centre.

The Kingdom of the Netherlands March 1-July 3. 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. There shall be provided to expatriate personnel employed or engaged in an enterprise to which this Act is applicable, banking facilities through authorised dealer banks for making remittances abroad except that such remittances shall not exceed the total official wage of the expatriate personnel.

Federal Republic of Yugoslavia April- Section – 36 – Repeals And Saving.

Laws & Regulations

Republic of Barbados 28 -April 9. Section – 25 – Incentives For Special Investments. The Kingdom of Spain 6-October โ€” This Act does not apply to mining and petroleum wct.

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