SAVE MORE ON YOUR FREIGHT WHILE DOING BUSINESS IN

GHANALOGICAL MARITIME SERVICES LIMITED

www.logicalmaritimegh.com

Why do business with Ghana?

Ghana's wealth of resources, democratic political system and dynamic economy, makes it undoubtedly one of Africa's leading lights. Gaining the world's confidence with a peaceful political transition and a grounded and firm commitment to democracy has helped in expediting Ghana's growth in foreign direct investment (FDI) in recent years.

Why do business with Ghana?

Ghana has attracted the attention of well-known international businesses, investing in all sectors of our economy. All these investors have come to Ghana because they know we have a wonderful conducive social, political and economic environment in which they can invest, grow and be successful.

Advantages for Doing Business in Ghana

• Demonstrated commitment to market liberalization• Ongoing privatizations in key economic sectors• Expanding stock market• Ongoing infrastructure development• Export free zones where goods traded with other

countries are exempt from custom duties and laws

Advantages for Doing Business in Ghana

• Immediate access to all markets of the Economic Community  of West African States (ECOWAS)

• Quota-free access to U.S. and European Union markets

• Member of the World Trade Organization (WTO)

How do I start doing business Ghana

Step 1: Business Registration at Registrar General's Department (RGD)

All Limited Liability companies are expected to fill out the relevant Application Forms, which serve as the Company’s Regulations. All companies must have an auditor, who must be a member of the Institute of Chartered Accountants, but should not be an officer or servant of the company or be an employee or partner of such persons.

How do I start doing business Ghana

When all such forms have been filled satisfactorily and relevant fees paid, a Certificate of Incorporation and a Certificate to Commence Business are issued.

Click to access basic Costs and Fees applicable at the Registrar General's Department office.

How do I start doing business Ghana

Step 2: Register with the Centre (GIPC)

The GIPC is responsible for registering all Enterprises in Ghana.  Application Procedure: Investors are required to complete Investor Registration Forms (Form GIPC/R1) in triplicate. Within five (5) days from the date of orderly receipt of these forms (and its attachments) the GIPC will formally register the investment.

How to save on your freight expense when moving goods into

Ghana?

If you are not keen to the constantly changing freight rates, then you will most likely get slaughtered by over-priced logistics costs. This expert tips will provide you some skills that will give you better understanding on how you can maximize your import shipping scheme.

Shipping in big volumes vs small volumes?

Properly evaluate the volume of goods you need to ship regularly. Find a reliable freight forwarder to ship your goods into Ghana cost effectively using any of these two methods: Full Container Load (FCL) and Less than Container Load (LCL).

Both options have their advantages and disadvantages, however planning your cargo accordingly will help you save heaps on your freight expense.

Identifying the required taxes, rates and add-on fees to be paid

Aside from carefully planning your shipments, identifying the required taxes you need to pay to import goods into Ghana will add more to your savings. This checklist will help narrow down your tax queries:

Is there a customs duty payable on the product?

Duty rates and import taxes vary from product to product when importing into Ghana. It is best if you could check with your customs clearance expert to clarify the rate you need to pay on this.

Other freight charge and rate questions worth identifying

• Are clearance document costs included in the freight charge?

• How much will it cost to pick up my cargo from the dock? warehouse?

• Is there an inland freight charge to get to from the wholesale warehouse to port?

Choosing the best logistics partner to move your goods into Ghana

• Hiring the services of a reliable and knowledgeable logistics and customs clearance expert will save you time, money and effort clearing and moving your goods into Ghana. Logical Maritime Services Limited has more than 15 years of industry experience shipping goods to and from Ghana. Tell us your specific logistics and customs clearance requirement. Talk to us at +233 30 330 0877.