Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

The final VAT rate that will be paid by businesses is expected to be reduced from 22% to 20 % from 2026. Businesses currently pay about 22 percent as the effective VAT, however due to the current on-going reforms and moves to simplify this tax type and regulations, that final rate will be reduced to 20 percent.

Bringing you updates from the world of business

The government has announced plans to abolish the minimum capital requirement for foreign investors under the upcoming review of the Ghana Investment Promotion Centre (GIPC) Act. The policy, we are told, is designed to boost Ghana’s competitiveness, lower entry barriers, and attract more global capital.

Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

The World Bank has projected that Ghana could gain additional revenue equivalent to at least 0.6 percent of GDP in 2025 if the government fully implements the revenue measures outlined in the 2025 budget.