Free zone investors do not require any minimum capital investment. However, investors must indicate their ability to fulfill the minimum 70% export requirement. New investors are required to go through the following steps to obtain a free zone licence:
- Incorporate a company in Ghana with the Registrar-General's Department and obtain Certificates of Incorporation and Commencement of Business
- Obtain and complete the GFZB Application Form and submit together with the following documents:
- Business Plan
- Copy of Certificate of Incorporation
- Copy of Certificate to Commence Business
- Copy of Companies Code
- Evidence of possession or lease of real property or intent to acquire such property
- Environmental Protection Agency Permit
- Evidence of Funding/Capital Transfer
- Any other relevant document
The GFZB will notify investors of the status of their application within 28 working days of receipt of application
A licence specifying authorized activity to be undertaken (i.e. Developer, Manufacturer, Commercial or Service Industry) by applicant shall be issued to the successful applicant. The investor is required to start operations within 6 months of receiving approval to operate as a Free Zone Enterprise/Developer.