Partnership (incorporated private partnership)Ghana
What it takes to form, own and run a general partnership in Ghana, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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such certificate shall state the names of the partners and that their liability is unlimited
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No partnership consisting of more than twenty persons or of which any body corporate is a member shall be registered under this Act.
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You must pay Income Tax if you are an employee, a sole proprietor or a person in partnership and you earn income above GH¢ 490 per month.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the Partnership (incorporated private partnership).
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- At least 2 · at most 20 · individuals only
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No partnership consisting of more than twenty persons or of which any body corporate is a member shall be registered under this Act.
- Members
- At least 2 · at most 20
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A Partnership is made up of a minimum of two and a maximum of twenty persons who engage in profit making business.
- A local company secretary
- Does not apply
- A local registered agent
- Not required
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a copy of the partnership agreement and a statement in the prescribed form signed by all the partners containing the following particulars
Each year, at the registry
- Annual registry fee
- GHS 100
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Mandatory renewal of registered name each year at a fee of GHS 100
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Renew the registered partnership name each year, GHS 100
- Not in our records
With Office of the Registrar of Companies (ORC)
Not stated on orc.gov.gh/service-incorporated-private-partnerships.php when checked
- Partners notify the Registrar of any change in registered particulars
- 28 days after change of shareholders
With Office of the Registrar of Companies (ORC)
What is public
- Shareholders
- Public
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It does not however apply to sole proprietors and partnerships.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
Partners are taxed as individuals on income above GH¢ 490 per month, per GRA's personal income tax page; no separate partnership rate was read.
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You must pay Income Tax if you are an employee, a sole proprietor or a person in partnership and you earn income above GH¢ 490 per month.
- CFC rules in Ghana
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Voluntary winding up by all the partners, who send notification in the prescribed form to the Registrar for registration (s.48), or winding up under an order of the Court (s.47); when the winding up is complete the Registrar strikes the firm off the register and notifies the Gazette, and the firm is dissolved as at the date of publication (s.51).
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A firm may be wound up by way of voluntary liquidation by the partners if all the partners therein so agree and send notification thereof in the prescribed form to the Registrar for registration.
- Statutory fee
- Not in our records
Every business in Ghana
VAT
- Standard rate
- 15%
VAT of 15% is charged together with the National Health Insurance Levy of 2.5% and the GETFund Levy of 2.5%, all calculated on the same base, so 20% is added to the price under the Value Added Tax Act, 2025 (Act 1151) in force since 1 January 2026.
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Value Added Tax (VAT) Rate = 15% National Health Insurance Levy (NHIL) = 2.5% Ghana Education Trust Fund Levy (GETFund) = 2.5%
- Other rates
- 0% Locally manufactured sanitary towels
- 0% Locally manufactured textiles, until 31 December 2028
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the supply of locally manufactured textiles will also be subject to a VAT rate of 0% until the 31 st December 2028
- Registration threshold
- GHS 750,000
the authority's threshold for businesses that deal in goods
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The threshold for businesses that deal in goods has been raised from GHS 200,000 to GHS 750,000
- A foreign company
- The same threshold applies
The GHS 750,000 threshold applies to taxable supplies generally, but a non-resident supplier of electronic services for use or enjoyment in Ghana is required to pay VAT and register, and files by the last working day of the month after the return period. The authority's pages read do not state whether a fiscal representative is required.
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Non – Resident persons that provide digital services for use and enjoyment in Ghana are required to pay VAT in accordance with the Value Added Tax Act 2013, Act 870.
- Returns filed
- Monthly
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Taxpayers are to file their returns and make payments by the last working day of each month immediately following the month to which the returns relate.
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
1 service names Ghana on its own list: Stripe. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- General partnershipDerived our grouping, the same words in every country
- Name in law
- Partnership (incorporated private partnership)
- ISO 20275 code
- WP5ISecondary GLEIF, Entity Legal Forms code list