GFZA Licensing and Registration

For investments to be eligible under the Free Zones Programme, the investment should satisfy the following conditions:

  • Should be a limited liability company registered with the Registrar Generals’ Department
  • Should be export-oriented.
  • Should add some value to products/services to be exported
  • Should be environmentally friendly

Requirements

Free zone investors do not require any minimum capital investment. However, investors must indicate their ability to fulfill the minimum 70% export requirement. New investors are required to go through the following steps to obtain a free zone license: Incorporate a company in Ghana with the Registrar-General’s Department and obtain Certificates of Incorporation and Commencement of Business Obtain and complete the GFZA Application Form and submit together with the following documents:

Business Plan

  • Copy of Certificate of Incorporation
  • Copy of Certificate to Commence Business
  • Copy of Companies Code
  • Evidence of possession or lease of real property or intent to acquire such property
  • Memorandum of Understanding (MOU) with prospective clients
  • Environmental Protection Agency Permit (where necessary)
  • Evidence of Funding/Capital Transfer
  • Any other relevant document

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

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. The investor is required to start operations within 6 months of receiving approval to operate as a Free Zone Enterprise/Developer. An initial/renewal license fee shall be paid as follows:

 

Activity Initial Fees Annual Renewal Fee
Developer US$5,000.00 US$4,000.00
Manufacturing US$3,000.00 US$2,500.00
Service US$4,000.00 US$3,000.00
Commercial US$10,000.00 US$5,000.00

News and Events

  • New Free Zones Act expected to be ready by third quarter

    Source: thebftonline.com A proposed timeline for an amendment Bill that will amend the Free Zones Act 1995 (Act 504) is by the third quarter of the year, barring any unforeseen delays, the Head of Legal at Ghana Free Zones Authority (GFZA), Mrs. Kristine Lartey has said. The proposed amendments is aimed at addressing the gaps in

    February 8, 2019
  • Government Rolls Out Plans To Establish Petroleum Hub In Western Region

    Energy Minister Peter Amewu says government has rolled out plans to establish a petroleum hub in the Western part of the country. He says the purpose of the hub is “to house major infrastructure for refining and processing, discharge, storage, distribution, transportation and trading of petroleum products”. According to the Energy minister, this development will

    February 6, 2019
  • Ghana Processes 300,000 Tonnes Of Cocoa

    Ghana’s cocoa sector set new record for domestic processing, as total volume of cocoa processed reached 300,000 tonnes during the 2017/18 season. The Ghana Cocoa Board (COCOBOD), which released a statement, said the 2017-2018 figure represents a 19 percent growth over 252,000 tonnes recorded during the 2016/17 season. The growth, according to COCOBOD, was driven

    December 21, 2018