Tax
From The Report: Ghana 2013
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In conjunction with Deloitte & Touche, OBG explores the taxation system, examining Ghana’s investor-friendly environment. This chapter contains a viewpoint from Andrew Opuni-Ampong, Managing Partner, Deloitte & Touche.

Articles from this Chapter

Overview

Stable regime: Unitary system covers both domestic and international companies
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FORMS OF BUSINESS ORGANISATION: The main forms of business organisation in Ghana are as follows: private and public limited liability companies, branches of foreign companies, partnerships, sole traders, companies limited by guarantee and unlimited liability companies. LIMITED LIABILITY COMPANIES: A limited liability company is a company in which the liability of its members is limited to any unpaid amount on the shares held by them. Ghana’s Companies Code, 1963 (Act 179) allows an individual…

Viewpoint

Andrew Opuni-Ampong, Managing Partner, Deloitte & Touche, on transfer pricing regulations
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Ghana has seen growth in the number of multinational organisations operating in all sectors. There has been a consequent rise in the volume and variety of intercompany transactions for intra-group services such as royalties, debt financing, management and technical services. New transfer pricing (TP) regulations have thus been introduced to provide guidance to taxpayers and to protect the country’s tax base. “Related-party transactions” are fixed at a price, thereby giving rise to…