🇬🇭 Corporate Tax in Ghana

Private Company Limited by Shares (Ltd)

The standard corporate income tax rate is 25%. Listed companies on the Ghana Stock Exchange benefit from a reduced rate of 15%. Companies in manufacturing pay 25% but may qualify for tax holidays and capital allowances. Mining companies pay 35% on mining income. Free Zone enterprises pay 0% corporate tax for the first 10 years and 15% thereafter. VAT is effectively 15% (comprising 12.5% standard VAT, 2.5% NHIL — National Health Insurance Levy, and GETFund Levy). Withholding tax on dividends is 8% for resident shareholders and 8% for non-residents (treaty-reduced where applicable). Royalty payments to non-residents attract 15% withholding tax. Capital gains tax is 25% on disposal of chargeable assets. The GIPC Act provides location-based incentives — companies operating outside Accra and Tema may qualify for reduced tax rates.