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GIPA scraps minimum capital requirement for foreign-owned businesses

By GhanaSummary Newsroom1 min read
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.“The minimum capital requirements for wholly foreign-owned business as well as joint ventures have been scrapped,” she said.

A new provision under the Act is citizenship by investment, which GIPA will implement in collaboration with the Ministry of the Interior.

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