Ghana is a country located in West Africa in the Gulf of Guinea. The key industries include manufacturing, agriculture, and service. With a population of more than 30 million people, there are many opportunities to expand or grow your operations.

Corporate tax rates vary based on industry, and there are many types of business entities that can be set up to begin operations. Labor and payroll considerations in Ghana:

  • Employment contracts can be written or verbal
  • Ghana uses a Pay-As-You-Earn (PAYE) system
  • Social security and income tax are withheld from employee pay
  • Employers must submit annual tax returns on behalf of their employees
  • Employers must contribute to social security
  • The minimum wage is GHC 11.82 per day
  • Foreign workers must have residence and work permits to be hired
  • Employers must notify authorities when a foreign worker has been hired or terminated, and must cover repatriation expenses

Payroll in Ghana can be challenging, but Blue Marble makes it easy with cloud-based payroll technology, aggregated monthly reporting and in-country experts. View your payroll across all countries and currencies, and maintain compliance in 145+ countries. Click here to learn more