2025
Ghana Business Report
The complete roadmap to building a successful SME in
Ghana's booming $75 billion economy
2025
Why SMEs Are Ghana's Economic Powerhouse
You're entering the market at the PERFECT moment. Ghana's entrepreneurial ecosystem is experiencing unprecedented growth, with record-breaking investment flows and government support.
Investment Boom
The Ghana Investment Platform has injected substantial capital into SMEs. Successful debt restructuring and credit upgrades make Ghana the hottest investment destination in West Africa.
Diaspora Capital Surge
$4.7 billion in remittances (5% of GDP) is flooding the market – that's more than foreign direct investment! Global Ghanaians are investing back home like never before.
Step-by-Step Business Registration Guide
The process is more streamlined than ever, and we'll walk you through every step.
Sole Proprietorship
Perfect for individual entrepreneurs. Simple setup, personal liability.
GH₵100 - GH₵500
Partnership
For 2+ partners sharing profits and responsibilities.
GH₵250 - GH₵1000
Limited Company
Separate legal entity, limited liability protection.
GH₵450 (1% stamp duty) - GH₵1000
Tax and Compliance Requirements
Staying compliant from day one will save you headaches later.
Great News: Tax Reforms for 2025
- Abolition of the Electronic Levy (E-Levy)
- Reduction of VAT from 22% to 20%
- Simplified tax filing procedures
Tax Calendar - Mark Your Dates
- Monthly: VAT returns, PAYE remittance
- Quarterly: Provisional corporate tax installments
- Annual: Corporate Income Tax return (April 30)
Key Tax Rates You Need to Know
25%
Corporate Income Tax
15%
VAT (After applying GETFUND 2.5%, NHIL 2.5% & COVID-Levy 1%)
13.5%
SSNIT Contributions
Funding
Government Programs
- National Entrepreneurship and Innovation Programme (NEIP)
- MASLOC (Microfinance and Small Loans Centre)
- Ghana Enterprises Agency (GEA)
Government Programs
- National Entrepreneurship and Innovation Programme (NEIP)
- MASLOC (Microfinance and Small Loans Centre)
- Ghana Enterprises Agency (GEA)
Private Investment
- MEST Africa Challenge
- Angel Investor Networks
- Commercial Bank SME Lending
- Microfinance Institution Services
Private Investment
- MEST Africa Challenge
- Angel Investor Networks
- Commercial Bank SME Lending
- Microfinance Institution Services
Hiring and Employment
Ready to build your dream team? Here's everything you need to know about hiring in Ghana!
Where to Find Talent
- Vacancies in Ghana
- JobWeb Ghana - Top job portal
- LinkedIn - Professional networking
- University career centers
- Referral networks
Employer Responsibilities
- Register with SSNIT within 30 days
- Register employees with SSNIT and GRA
- Deduct and remit SSNIT contributions (13.5%)
- Deduct and remit PAYE taxes
- Provide safe working conditions
Three-Tier Pension System
Tier 1
SSNIT Basic Pension
Mandatory for all
Tier 2
Occupational Pension
Choose a provider eg. People's Pension Trust
Tier 3
Voluntary Pension
Personal savings
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Ready to Start Your Journey with Built Financial Technologies?
Built is here to support you every step of the way. Our all-in-one platform makes managing your business finances simple, compliant, and efficient.
What Built Offers:
- Automated invoicing and payments
- Tax-compliant accounting
- Payroll management
- Business credit facilities
- Virtual banking accounts
- Expert financial guidance
Ghana's entrepreneurial renaissance is here. Your success story starts today!
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