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Government to roll out 10-year tax holiday to attract multinational firms
The Chief Executive Officer of the Ghana Investment Promotion Centre is currently reviewing some major components of the GIPC Act to make it more business friendly.
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The move, according to the Chief Executive Officer of the Ghana Investment Promotion Centre, Yoofi Grant, is to get at least three of such firms to locate their headquarters to Ghana.
The centre is currently reviewing some major components of the GIPC Act to make it more business friendly.
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Paramount among the review is the reduction in the minimum capital requirement and the act which bans foreigners from operating in some markets across the country.
Mr. Grant noted this Thursday in an exclusive interview with Starr Business’ Fred Dzakpata on the side-lines of the Annual Economic Counsellors Dialogue in Accra.
READ ALSO: Yoofi Grant is new CEO of GIPC
He said “to really position Ghana as the entry point to West Africa, maybe we should also give a ten-year tax holidays to big companies that want to establish their regional offices in Ghana to attract the bigger players like Nike, Microsoft, Google etc…It is not sealed. It is one that we are discussing because it [involves] a lot of things.”
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