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 PROCEDURES FOR ESTABLISHMENT OF FREE ZONE OPERATIONS
 Procedure for Establishment of Free Zone Development Projects and Enterprises
An investor who wishes to establish as a Free Zone developer or set up an enterprise in Ghana Free Zone will require various licenses and permits to enable him operate. The Ghana Free Zone Board provides a "one-stop approval service" to investors to assist them complete formalities for the establishment of free zone projects.
The formalities that should be fulfilled by the
investor to enable him/her set up a Free Zone enclave
or enterprise are stated as follows:
1. Location of Zone Operations
Free Zone enclaves and enterprises can be located anywhere inn Ghana upon approval of the Ghana Free Zones Board (GFZB).
Procedures/Requirements
The Ghana Free Zones Board (GFZB) may identify or make available the land for zone creation and development.
An investor may lease properties of propose properties he/she already owns for the development and/or operation of a free zone.
2. Developer’s License
Any investor wishing to establish as a zone developer in Ghana must obtain a Developer’s License.
Procedures/Requirements
The developer should incorporate a company or partnership in Ghana.
The developer should obtain and complete the GFZB Form 1 and submit it with required attachment to the Secretarial of the Board.
The GFZB shall notify the developer of the status of his/her application for license within 28 working days of receipt of application.
A Developer’s License shall be issued to the successful applicant who should commence activities within six months of approval.
A Developer’s License fee of US$1,000.00 or its equivalent in cedis shall be charged by the GFZB in the first instant and a renewal fee of US$1,000.00 or its equivalent in cedis paid annually by the developer.
3. Enterprise License
Investors wishing to set up enterprises (for manufacturing, commercial or service activities) must obtain the relevant Enterprise License.
Procedures/Requirements
The investor(s) should incorporate a company or partnership in Ghana.
The investor(s) should show evidence of possession or lease of real property or intent to acquire such property.
Depending on the activity to be undertaken, the applicant should obtain and complete GFZB Form 3, 4 or 5 and submit it with the required attachments to the Secretariat of the Board.
The GFZB shall notify the investor of his/her application for License within 28 working days.
An Enterprise License specifying authorized activity to be undertaken by the applicant shall be issued to the successful applicant who shall commence activities within six months of approval.
An Enterprise License fee of US$1,000.00 or its equivalent in cedis shall be charged by the GFZB in the first instant and a renewal fee of US$800.00 or its equivalent in cedis paid annually by the Enterprise Operator.
4. Construction Requirements
Developers and enterprises must erect suitable perimeter fences and enclosures.
FZ enterprises must erect fences and/or enclosures which shall be at least 2.5m high.
A free zone factory building should be located at least 3m inside the enclosure.
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5. Health and Safety Requirements
Free Zone developers and enterprises must comply with health, safety and environmental requirements of Ghana.
Free Zone investors should comply with: Factory, Office and Shops Act (1970) on health, safety and other standard requirements; and, environmental regulations, standards, procedures and requirements of Environmental Protection Agency.
The GFZB shall register free zone developers and enterprises with:
- Factory Inspectorate Department
- Environmental Protection Agency
- Town and Country Planning
- Metropolitan and District Assemblies
Free Zone developers and enterprises are required to permit periodic checks by the afore-mentioned bodies.
6. Electricity Supply
Application may be submitted through the GFZB for the approval of Electricity Company of Ghana. Total consumption and load requirements in kW should be indicated.
7. Water Supply
Application for water supply in excess of 20,000 liters/day may be submitted through the GFZB for approval of Ghana Water and Sewerage Corporation(GWSC).
8. Application for Telephone, Telex and Telefax Services
Application(s) may be made through the GFZB for consideration of the Ghana Telecommunications Company Ltd.
9. Entry Visa
All Free Zone investors, representatives and employees must secure entry visa to Ghana.
Procedures/Requirements
Entry permit may be obtained from a Ghana Embassy or High Commission abroad.
A temporary entry permit may be obtained on arrival at a point in Ghana, upon prior notification of GFZB.
10. Work and Residence Permits
All foreign employees of Free Zones shall require work and residence permits.
Procedures/Requirements
Application for work and residence permits should be submitted to the GFZB at least 2 months prior to the intended date of employment.
Any such application should be accompanied with a medical certificate of the prospective employee.
Applicable fees are as follows:
1st & 2nd year - US$200
3rd & 4th year - US$300
5th & thereafter - US$500
Work permits shall not exceed 24 months in duration, will not be transferable and the fees not refundable.
11. Customs Declaration Form
A Free Zone Customs Declaration Form 9 shall be purchased at the cost of US$25.00 or its equivalent in cedis for importation of goods/services into a single-factory free zone enclave. The Form 9 together with the relevant Bill of Lading or Airway Bill shall be endorsed by the Ghana Free Zones Board Secretarial before clearing of goods/services.
 Enquiries
The Secretariat
Ghana Free Zones Board
P.O. Box M.626 - Accra, Ghana
Tel: 233-21-780 532-5
Fax: 233-21-780 536
E-mail: freezone@africaonline.com.gh
Internet: www.ghanaclassifieds.com/gfzb
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© World INvestment NEws, 1999.
This is the electronic edition of the special country report on Ghana published in Forbes
December 13th 1999 Issue.
Developed by AgenciaE.Tv |
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GHANA
