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Legal Forms of Companies

Limited Liability Company (LLC)
Number of partners: Two directors (one Ghanaian resident) and one shareholder (any nationality) minimum
 
Capital (max/min): USD 500,000 for a wholly foreign-owned company, USD 1 million for a trading firm. Foreigners investing in a joint venture are required to make a minimum contribution of USD 200,000
Shareholders and liability: The liability of the partners is limited to the initial investment.
Public Limited Company (PLC)
Number of partners: Between two and fifty
Capital (max/min): USD 500,000 for a wholly foreign-owned company, USD 1 million for a trading firm. Foreigners investing in a joint venture are required to make a minimum contribution of USD 200,000
Shareholders and liability: Liability is limited to the shares.
Partnership
Number of partners: Minimum two, maximum twenty
Capital (max/min): No minimum capital required
Shareholders and liability: Liability is unlimited for active partners, limited for sleeping partners.
Unlimited Liability Company
Number of partners: Minimum one
Capital (max/min): No minimum capital required
Shareholders and liability: Liability is unlimited.
The Competent Organisation
Prospective business owners need to register with the Registrar General's Department (RGD), a subdivision of the Ministry of Justice and Attorney General.
 
Setting Up a Company Ghana Sub-Saharan Africa
Procedures (number) 8.0 7.5
Time (days) 13.0 21.3

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Ghana.

Find out more about Operating a Business in Ghana on GlobalTrade.net, the Directory for International Trade Service Providers.

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Actualitzacions: April 2022

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