Ghana Investment Promotion Centre Act, 2013 Act 865
Section 31(1)
An enterprise in a free zone shall not be nationalised or expropriated by the Government, and a person who owns, whether wholly or in part, the capital of an enterprise shall not be compelled by law to cede personal interest in the capital to any other person.
(2) The Republic shall not acquire an enterprise to which this Act applies unless the acquisition is in the national interest or for a public purpose and under a law which makes provision for
(a) the payment of fair and adequate compensation, and
(b) a right of access to the High Court for the determination of the investor’s interest or right and
the amount of compensation to which the investor is entitled.
(3) A compensation payable under this section shall be paid without undue delay and authorisation for its repatriation in convertible currency, where applicable, shall be issued.
Procedure to Follow
1. Incorporate a company in Ghana with the Registrar- General's Department and obtain Certificates of Incorporation and company's constitution and these must be submitted together with the following documents;
Duly completed GFZA Application Form Purchased at ($200 Dollars or its Cedi Equivalent)
Business Plan/Feasibility Study
Evidence of lease or Rental of Land / Factory Premises
Evidence of Export (Memorandum of Understanding/ Letter of Intent with prospective clients)
Environmental Protection Agency Permit (where applicable)
Evidence of Funding/Capital Transfer
Any other document/ Information the Authority may require
2. The GFZA shall notify the applicant of the status of his/her application for License within 28 working days of receipt of a complete application.
3. A license specifying Authorized activity to be undertaken (i.e. Developer, Manufacturer, Commercial or Service Industry) by the applicant shall be issued to the successful applicant.
4. The investor is required to start operations within 6 months of receiving approval to operate as a Free Zone Enterprise/Developer
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Responsible Institution
5th Link Rd, East Cantonments[Near US Embassy] Accra,
- Email: info@gfza.gov.gh
- Website: https://gfza.gov.gh/
- GPS:
- Telephone: +233 302 780535| 785037|428620|428590 +233 24 217
Relevant Forms to Download
Not Available
Online System
Fees/ charges
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