Ghana is well endowed with gold deposits and is one of the most attractive business markets in West Africa.

This article is the introductory part of a series that discusses the Corporate Insolvency and Restructuring Act, 2020 (Act 1015) as amended by the Corporate Insolvency and Restructuring (Amendment) Act, 2020 (Act 1031), ...

The new Act, however, seeks to introduce improved corporate governance standards for companies operating in Ghana.

Ranked as the most stable political environment within the West African sub-region, Ghana is a viable place for doing business and the fastest growing economy in the world.

Ghana requires a particular method of setting up a mineral purchasing and export company with a license from the Minerals Commission.

Merging businesses are strategic practices that enable companies to achieve key objectives such as market expansion, enhanced competitive positioning, and diversified operations.

Sole proprietorship – a sole proprietorship is an unincorporated business usually run by one individual. The liability of a sole proprietor is unlimited.

In view of the above, we can say that, Ghana has become an attractive country for investment through established corporate entities.

To obtain a License in Ghana for the operation of the business of microfinance (moneylending), one has to go through a three-pronged process.

Starting a Non-Governmental Organization (NGO) or not-for-profit company in Ghana involves registration as a Company Limited by Guarantee (CLG) under the Companies Act, 2019 (Act 992).

There are a number of Financial Institutions in Ghana an they are listed as follows...

Doing Business In Comparative Guide for the jurisdiction of Ghana, check out our comparative guides section to compare across multiple countries

Corporate Governance Comparative Guide for the jurisdiction of Ghana, check out our comparative guides section to compare across multiple countries