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It is important for a start-up business to identify the regulatory bodies that are relevant to its business operations and ensure strict compliance to sector-specific regulations. Sector-Specific LawsSector-specific laws are laws that govern business operations within particular industries. Examples of some industries with sector-specific laws in Ghana are Banking, Insurance, Telecommunications, Gaming, and Mining. Sector-specific […]

Non-Governmental Organizations (NGO) or Non-Profit Organizations (NPO) are incorporated in Ghana as Companies Limited by Guarantee. These companies are set up to fulfil non-commercial or charitable purposes. Following its incorporation as a Company Limited by Guarantee, an NGO / NPO is required to register with the Non-Profit Organization Secretariat in Ghana.

A company intending to operate as a Dedicated Electronic Money Issuer (DEMI), Payment Service Provider (PSP), or Payment and Financial Technology Service Provider (PFTSP) in Ghana must obtain a license from the Bank of Ghana. License Categories There are six (6) license categories, each specifying permissible activities:

Introduction Ghana is experiencing technological growth and has one of the fastest-growing financial technology (Fintech) ecosystems in Africa. The interconnected nature of today’s world is changing how we conduct commercial and recreational activities. In Ghana, Fintech startups are growing with significant opportunities. The increasing use of mobile and smartphones provides a platform to promote financial

There are several advantages to incorporating a startup business in Ghana. Some of the benefits are: Types of Companies that can be Incorporated in GhanaCompanies in Ghana may be categorized as limited by shares, limited by guarantee, or unlimited companies. They may also be either private or public companies. Below is a guide on the

What are Value-Added Services in Telecommunications? Value-Added Services (VAS) are enhanced, non-core telecommunication services that add value to standard telecommunication offerings like voice calls, data, and text provided by Telecom Networks to subscribers.Examples include: What are the relevant government bodies that regulate Value Added Services in Ghana? The provision of Value-Added Services in Ghana is

Annual Returns Companies registered in Ghana are required by law to file their returns with the Companies Registry annually. This statutory requirement applies to all registered entities operating in the country. Newly formed companies are however required to file their returns at least eighteen (18) months after the date of incorporation. Filing Process As part