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Ghana
Ghana Geography, Culture, and Economy
Bordering the Ivory Coast, Togo and the Atlantic Ocean, Ghana is a country in West Africa with a rich and diverse culture and history. The Kingdom of Ashanti was one of the most powerful to reign over the region before the arrival of the British in the late 19th century, with Ghana gaining independence in 1957.
With a population of 28 million people, Ghana has numerous ethnic, linguistic and religious groups. Ethnic groups include Asante, Ewe, Fante, Boron, Dagomba, Dangme, Dagarte, and Kokomba. The majority of Ghanaians practice Christianity alongside a substantial Muslim population.
The nation has a market-based economy with limited policy hurdles to investment and trade in contrast with other African nations in the region. Agriculture accounts for Ghana’s 20% GDP and is the industry which employs most of the nation’s workers. Oil, cocoa and gold comprise the majority of Ghana’s exports. However, Ghana is also a significant emerging market with a fast developing digital-based mixed economy.
| 2021 | |
| March 6 | Independence Day |
| March 8 | Independence Day observed |
| April 2 | Good Friday |
| April 5 | Easter Monday |
| May 1 | May Day |
| May 3 | May Day observed |
| May 13 | Id ul Fitr |
| July 20 | Eid al-Adha |
| August 4 | Founders’ Day |
| September 21 | Kwame Nkrumah Memorial Day |
| December 3 | Farmer’s Day |
| December 25 | Christmas Day |
| December 26 | Boxing Day |
| December 27 | Day off for Christmas Day |
| December 28 | Day off for Boxing Day |
- Limited Liability
- Corporation
- Partnership
- Corporate Tax: N/A
- Income Tax (Lowest Marginal Rate): N/A
- Income Tax (Highest Marginal Rate): N/A
- VAT/GST/Sales Tax: 3%
- Access Bank plc (Local Bank)
- African Investment Bank (Local Bank)
- Agricultural Development Bank of Ghana (Local Bank)
- AmalBank (Local Bank)
- Bank of Baroda (Local Bank)
- Banque Sahélo-Saharienne pour l’Investissement et le Commerce (Local Bank)
- Barclays Bank (Local Bank)
- CAL Bank (Local Bank)
- Ecobank Ghana (Local Bank)
- Energy Bank (Local Bank)
- Fidelity Bank Ghana (Local Bank)
- Ghana Commercial Bank (Local Bank)
- Guaranty Trust Bank (Local Bank)
- Home Finance Company (Local Bank)
- Intercontinental Bank (Local Bank)
- International Commercial Bank (Local Bank)
- National Investment Bank (Local Bank)
- Prudential Bank Limited (Local Bank)
- Société Générale – Social Security Bank (Local Bank)
- Stanbic Bank (Local Bank)
- Standard Chartered Bank (Local Bank)
- The Trust Bank (Local Bank)
- UniBank (Local Bank)
- United Bank for Africa (Local Bank)
- UT Bank (Local Bank)
- Zenith Bank (Local Bank)
- The Royal Bank (Local Bank)
- Ghana Commercial Bank (Commercial Bank)
- Bank of Baroda (Ghana) Ltd. (Foreign Bank)
- Barclays Bank Ghana (Foreign Bank)
Aadmi can support you with your expansion to Ghana. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns. Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.
Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.
