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GIPA scraps minimum capital requirement for foreign-owned businesses

The Ghana Investment Promotion Authority (GIPA) has announced major changes under the GIPA Act, 2026 (Act 1173), including the removal of minimum capital requirements for wholly foreign-owned businesses and joint ventures. Principal Investment Promotion Officer at GIPA, Vera Adjei, said the requirement has been scrapped, except for trading enterprises. "The minimum capital requirements for wholly

MyJoyOnline MyJoyOnline · Wire Report · 4 hours ago · 1 min read

GIPA scraps minimum capital requirement for foreign-owned businesses

Image via wire syndication · MyJoyOnline

WIRE — The Ghana Investment Promotion Authority (GIPA) has announced major changes under the GIPA Act, 2026 (Act 1173), including the removal of minimum capital requirements for wholly foreign-owned businesses and joint ventures. Principal Investment Promotion Officer at GIPA, Vera Adjei, said the requirement has been scrapped, except for trading enterprises. "The minimum capital requirements for wholly

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