logo
home about product contact


  • MINERALS AND MINING POLICY OF GHANA

    Ghana to a state agency at a negotiated price determined by a High Court. It is noteworthy that Ghana's mining industry was to a large extent state controlled between 1957 and 1983. In 1961, the Ghana State Gold Mining Corporation acquired the assets of five mines

    Read More +
  • Taxation of mining companies in ghana - Free

    3. 0 Taxation of the Mining sector All mining enterprises in the mining sector shall be required to pay taxes on all income accruing from their mining operations in Ghana. The required taxes are as follows: 3. 1 Corporate Income Tax A mining enterprise engaged in mining operations in Ghana shall be required under Act 592 to pay tax on its chargeable income annually.

    Read More +
  • Ghana wants to amend laws to gain more from

    Ghana will amend its laws to reap more benefit from its mining sector and the government may take a more direct role in the sector, Mining Minister Esther Obeng Dapaah said on Wednesday.

    Read More +
  • Ghana's battle with illegal small-scale mining |

    Mining in Ghana has its advantages through the taxation of corporations' revenue, but these should be weighed against the practice's consequent environmental, health, security and economic crises: loss of farmlands, deforestation, water pollution, crime rates, poverty.

    Read More +
  • Acquiring A Mining License - Ghana's Mineral

    Acquisition of a small scale mining license in Ghana View Infographic Documents Required. Step 1. Submit Your Application. Once you have filled and gathered all the required documents you will have to submit it at the district office. It takes 5 days to review the application.

    Read More +
  • Mining in Ghana - Lexology

    04.07.2019· The mining laws require that records of all mineral rights granted should be maintained and must be open to Ghana also has tax treaties with a number of countries, including Belgium

    Read More +
  • Mining duties, royalties and taxes in Ghana -

    In 2012, corporate taxes were increased from 25 to 35 per cent for mining companies and a uniform regime for capital allowances of 20 per cent for five years for the mining sector. A 10 per cent

    Read More +
  • Ghana - Indirect Tax Guide - KPMG Global

    Are there unique country/territory-specific indirect tax rules that differ from 'standard' indirect tax rules in other jurisdictions? Yes. There will be an addition of the National Health Insurance levy of 2.5 percent and the Ghana Education Trust Fund levy of 2.5 percent to

    Read More +
  • Ghana's mining taxes: Are they new and adequate?

    Ghana's 2012 National Budget Statement and Economic Policy proposed, among others, to bring the following changes to mining operations in the country: increase corporate tax rate from 25% to 35%; install a windfall tax of 10%; and implement a uniform regime for capital allowance of 20% for five years. It also sought to review the principle of ring-fencing to prevent companies undertaking a

    Read More +
  • MINERALS AND MINING POLICY OF GHANA Ensuring mining

    Minerals & Mining Policy of Ghana: Ensuring mining contributes to sustainable development. 8 These challenges created extreme difficulties for the maintenance and rehabilitation of the mines. The mining industry therefore stagnated and up to the early 1980s, as there were no significant new investments in Ghana‟s mining sector.

    Read More +
  • LAWS OF GHANA: ACTS OF PARLIAMENT -

    ghana investment promotion centre act, 2013 (act 865) ghana maritime authority act, 2002 (act 630) ghana maritime security act, 2004 (act 675) ghana national petroleum corporation act, 1983 (p.n.d.c.l. 64) ghana shipping act, 2003 (act 645) ss 115-231; ghana shipping act, 2003 (act 645) ss 232-349; ghana shipping act, 2003 (act 645) ss 350-462

    Read More +
  • Ghana - Corporate - Taxes on corporate income

    The general corporate income tax (CIT) rate is 25%. Mining and upstream petroleum companies apply to the aforementioned industries irrespective of any existing exemption granted to an entity under any other laws in Ghana. The tax payable shall not be a deductible expense in Local income taxes. Ghana has no local, state, or provincial

    Read More +
  • Accra, Ghana Tax Lawyers and Law Firms - HG

    Corporate Law Firm and Consultancy in Accra, Ghana +233 30 700 1566. B&P Associates keenly promotes the ease of doing business in Ghana and for this reason provides top-notch user-friendly legal advice to domestic and international investors.

    Read More +
  • Determinants of Tax Evasion: Empirical Evidence

    Taxpayers are often of the view that tax officials hold the key to tax evasion by engaging in several corrupt practices such as issuing fake tax payment receipts to taxpayers etc. Aside the trust issues, there are several non-eco- nomic and economic factors affecting tax evasion in Ghana. Tax rates, tax burden, income level, tax audits, penalty

    Read More +
  • Laws & Regulation - Ghana Investment

    Key Investment related legislation in Ghana includes the following: Ghana Investment Promotion Centre Act 2013, (Act 865) Technology Transfer Regulations, 1992, (LI 1547) Transfer Pricing Regulations, 2012 (L.I. 2188) Legislation that apply to Business Operations in Ghana. The Companies Act, 1963 (Act 179) Income Tax Act, 2015 (Act 896)

    Read More +
  • KPMG GLOBAL MINING INSTITUTE Ghana

    Ghana mining guide . Executive summary . Ghana presents a number of opportunities in the mining sector, especially in the gold industry. It is the second largest gold producer in Africa, after South Africa and 10th largest globally. The other important mineral resources are oil, diamond, bauxite (used in the manufacturing of aluminum), and

    Read More +
  • DRAFT NATIONAL MINING POLICY OF GHANA

    National Mining Policy of Ghana 6 mining sector contributed 12.7% of Government revenue, 3.2% of corporate tax and 40% of total merchandise export revenues. In 2009, the sector contributed 7% of Ghana's total corporate tax earnings, 45% of total export revenues, 19.8% of

    Read More +
  • Government to develop new local content law for

    Government to develop new local content law for mining industry. By. Ghana News Agency - Oct 24, 2019. The Ghana news Agency (GNA) was established on March 5, 1957,

    Read More +
  • Mining Law 2021 | Laws and Regulations | Ghana |

    Ghana: Mining Laws and Regulations 2021. ICLG - Mining Laws and Regulations - Ghana covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions.

    Read More +
  • Laws & Regulation - Ghana Investment

    Legislation that apply to Business Operations in Ghana. The Companies Act, 1963 (Act 179) Income Tax Act, 2015 (Act 896) Fisheries Act, 2002 ( Act 625) Petroleum (Exploration And Production) Law 2016, (Act 919) Forestry Commission Act, 1999 ( Act 571) The Minerals Commission Act, 1993 (Act 450) Minerals And Mining Act 2006, Act 703

    Read More +

tax laws in mining ghana

Home , About Us , Products , Contact , Sitemap