Business Entry

The Business Entry topic measures the process of registration and start of operations of new limited liability companies (LLCs) across three different dimensions, here referred to as pillars. The first pillar assesses the quality of regulations for business entry, covering de jure features of a regulatory framework that are necessary for the adoption of good practices for business start—ups. The second pillar measures the availability of digital public services and transparency of information for business entry. The third pillar measures the time and cost required to register new domestic and foreign firms. Each pillar is divided into categories—defined by common features that inform the grouping into a particular category—and each category is further divided into subcategories. Each subcategory has several indicators, each of which may, in turn, have several components. Relevant points are assigned to each indicator and subsequently aggregated to obtain the number of points for each subcategory, category, and pillar.

What the Indicator Measure

  • INFORMATION AND PROCEDURAL STANDARDS

    Company Information Filing Requirements; Beneficial Ownership Filing Requirements; Availability of Simplified Registration; Risk-Based Assessment for Operating Business and Environmental Licenses

  • RESTRICTIONS ON REGISTERING A BUSINESS

    Domestic Firms; Foreign Firms

  • DIGITAL SERVICES

    Business Start-Up Process; Storage of Company and Beneficial Ownership Information; Identity Verification

  • INTEROPERABILITY OF SERVICES

    Exchange of Company Information; Unique Business Identification

  • TRANSPARENCY OF ONLINE INFORMATION

    Business Start-Up (Includes gender and environment); General and Sex-Disaggregated Statistics on Newly Registered Firms; Availability of General Company Information

  • DOMESTIC FIRMS

    Total Time to Register a New Domestic Firm; Total Cost To Register a New Domestic Firm

  • FOREIGN FIRMS

    Total Time to Register a New Foreign Firm; Total Cost To Register a New Foreign Firm

Latest Reforms

The Minister for the Interior, Henry Quartey, has launched an initiative by the Ghana National Fire Service (GNFS) aimed at simplifying the...

Ghana is keeping pace with the rapid global transition to digital technologies, including in the realm of e-government where the country is regarded...

BRR has undertaken a nationwide capacity building and training of staff of Regional Coordinating Councils, Regional Managers of the Ghana Enterprises...