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All you need to know about Free zones in Ghana


All you need to know about Free zones in Ghana
A free zone is a designated area in which companies are taxed at highly reduced rates or nothing at all in order to encourage investments and increased economic activity within the economy. 
The creation of free zones also has the effect of generally regarding import and customs duties of goods imported by free zone companies as being outside the customs territory and thus exempt from tax. Free Zones basically are “outside jurisdiction” for all transactions with Customs.
Free Zones in Ghana
The Ghana Free Zones Authority (GFZA) was set up to enable the creation of free zones in Ghana and to regulate free zones activities within the country. The legislation governing the GFZA creates an attractive environment through the provision of very attractive incentives to free zone companies. ....

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