GIPA Act, 2026 (Act 1173) assented
A new investment promotion law for enterprises with foreign participation, replacing the previous Act. Published summaries report the following changes.
- Repeals the previous law (Act 865); the Authority is now GIPA, formerly GIPC
- Removes blanket minimum capital requirements for most foreign participation
- Keeps a US$500,000 cash requirement for trading
- Makes GIPA registration annual
What it means for you
- Foreign founders can realistically set up at smaller sizes than before
- Enterprises with foreign participation gain a yearly renewal to keep track of
- Regulations and forms are still being published, so confirm details with a lawyer
What we changed
- Our foreign-founder pathway includes a partner lawyer who confirms what applies before you pay
- Annual GIPA renewal is part of our compliance rules for enterprises with foreign participation
Source: Mondaq and Firmus Advisory FAQ (August 2026); Adomonline and GhanaWeb (July 2026), quoting the GIPC chief executive; Global Law Experts. Status: Verify against the Gazette and the GIPA regulations once published.
