|Free Zones - Incentives|
To implement the government's policy of attracting investments, the following incentives have been provided under the Free Zones Act 404 1995.
100% exemption from payment of direct and indirect duties and levies on all imports for production, and export from the free zones.
No import licensing requirements, with minimal customs formalities.
100% ownership of shares by investor (foreign or national) in a free-zone enclave and enterprise.
Management of Foreign Currency
Free-zone investors are permitted to operate foreign currency accounts with banks in Ghana.
Sales to Local Market
Up to 30% of annual production of goods and services of a free-zone enterprise are authorised for sale in the local market.
Investment GuaranteesFree-zone investments are guaranteed against nationalisation and expropriation.