Parliament passes GIPC Bill

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Tommy 12 years ago

if the Bill makes this mandatory for even Ghanaian firms to register with GIPC then I find this to be a duplication of efforts because they are already registered with the registrar of companies. Can someone please explain?

if the Bill makes this mandatory for even Ghanaian firms to register with GIPC then I find this to be a duplication of efforts because they are already registered with the registrar of companies. Can someone please explain?
sko 12 years ago

MEans more money to the government from registration fees (i.e.) tax revenues.

MEans more money to the government from registration fees (i.e.) tax revenues.
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George, USA 12 years ago

competition is good for a vibrant economy, Ghanaians always want an easy way out. Citizens that cannot compete cannot innovate hence develop. The USA has foreigners in all fields of business. Just regulate and supervise and m ...
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competition is good for a vibrant economy, Ghanaians always want an easy way out. Citizens that cannot compete cannot innovate hence develop. The USA has foreigners in all fields of business. Just regulate and supervise and make sure your tax base is covered. This Bill is stupid and make no sense. I hope they amend it !
GARY,USA 12 years ago

In the case of the Oil & Gas Sector, how many Ghanaians will be able to come up with the 30% equity in a high investment industry? Are the foreign investors expected to give this 30% "gratis" to the Ghanaian partner? This B ...
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In the case of the Oil & Gas Sector, how many Ghanaians will be able to come up with the 30% equity in a high investment industry? Are the foreign investors expected to give this 30% "gratis" to the Ghanaian partner? This Bill now opens the door for major corruption - maybe that is the real intention.
Mr. Pink 12 years ago

Thats not true. Most countries protect certain sectors of the economy for their citizens. In the U.S. you cant own 100% of an airline if you are a foreigner. You cant own 100% of a broadcasting company. And only U.S. made shi ...
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Thats not true. Most countries protect certain sectors of the economy for their citizens. In the U.S. you cant own 100% of an airline if you are a foreigner. You cant own 100% of a broadcasting company. And only U.S. made ships with U.S. personnel and where its 70% owned by a U.S. citizen its allowed to participate in inland sea transport. Its called the Jones Act. Same applies in India, China and Brazil.
Nana 12 years ago

THIS IS A GREAT BILL FOR GHANA. BRAVO TO THE ONE WHO CAME UP WITH SUCH IDEA FOR GHANA. NOW THIS BILL HAS TO BE ENFORCED TO THE FULLEST AND ANY GHANAIAN WHO TRY TO SABOTAGE IT MUST BE CHARGED WITH TREASON.

THIS IS A GREAT BILL FOR GHANA. BRAVO TO THE ONE WHO CAME UP WITH SUCH IDEA FOR GHANA. NOW THIS BILL HAS TO BE ENFORCED TO THE FULLEST AND ANY GHANAIAN WHO TRY TO SABOTAGE IT MUST BE CHARGED WITH TREASON.
Sarah, USA 12 years ago

I believe in this bill because Ghanaians can own up to their responsibilities as citizens to work hard towards the development of Ghana. If some-one thinks the bill is stupid,i will disagree because the foreign competition i ...
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I believe in this bill because Ghanaians can own up to their responsibilities as citizens to work hard towards the development of Ghana. If some-one thinks the bill is stupid,i will disagree because the foreign competition in Ghana right now does not fever any Ghanaians, and this leaves the privet sector to suffer;I am happy government finally is doing something to correct the issue, given Ghanaians an unlimited chance to comfortable, developed,proactive lives; this is what i call development.

sko 12 years ago

This is not progressive nor developmental. It will slow down FDI and ultimately halt the country's growth potential. Then again, as they say do not mess with a good thing. If it is not broken don't fix it. To fix it will brea ...
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This is not progressive nor developmental. It will slow down FDI and ultimately halt the country's growth potential. Then again, as they say do not mess with a good thing. If it is not broken don't fix it. To fix it will break it. Only time will tell when it is too late to reverse the damage.
Mr. Pink 12 years ago

Why do people always talk about FDI? Where is all this FDI they talk about? Most of it is in the extractive industries which are capital intensive and not labor intensive and hence doesnt alleviate poverty. Most of these fore ...
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Why do people always talk about FDI? Where is all this FDI they talk about? Most of it is in the extractive industries which are capital intensive and not labor intensive and hence doesnt alleviate poverty. Most of these foreign retail companies have been repatriating funds out of Ghana for decades. The Lebanese and Indians do no investing in fixed assets.
ghamail 12 years ago

get your mails at ghamail.com

get your mails at ghamail.com
t don 12 years ago

That is the way it should be done. Reserve some sectors pf the economy for the locals.

That is the way it should be done. Reserve some sectors pf the economy for the locals.
Kwadjo, London 12 years ago

Let's see more marketing activities from the centre. The name clearly says 'investment promotion'> Are you doing the job? Ghana must be marketed internally and externally. The centre must coordinate the ectivities of all the ...
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Let's see more marketing activities from the centre. The name clearly says 'investment promotion'> Are you doing the job? Ghana must be marketed internally and externally. The centre must coordinate the ectivities of all the investment agencies Eg Bank of Ghana,GRA, Ghana Ports and Harbours Autority etc.. How can the Ghana Ports and Harbours Authority demand Tax Clearance certificate from a newly registered company before goods are cleared from the ports? Why are imported goods tempared with when they are in the hands of Port Authorities? What is the role of Clearing Agents? So when the GPHA make it mandatory for their services to be employed before goods can be cleared what are they really saying? Can we see Cutoms, GRA, the banks working on the same document eg invoice, if not so why? Why does the GRA wait for years before telling us that they have closed down a company for nor payment of taxes? Will SSNIT start issuing statements to its client? etc.....
Zoobie-Zoobie 12 years ago

You make many good points. Thanks!

You make many good points. Thanks!
Emmanuel Boye 12 years ago

Good law dont sit down for the foreigners to take everything from Ghanaians good law

Good law dont sit down for the foreigners to take everything from Ghanaians good law
Omanbapa Osei Oyeadieyie 12 years ago

Look at the hair, the earrings, the necklace as if she is dressing for a street carnival in Rio de Janiero!

Look at the hair, the earrings, the necklace as if she is dressing for a street carnival in Rio de Janiero!
Bomfaboy 12 years ago

The reason Prof Busia of blessed memory instituted the alien compliance order was largely informed by the taken over of the retail trade nag Ghananians were reduced to beggars in their own land. Fourty-one years on we are ena ...
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The reason Prof Busia of blessed memory instituted the alien compliance order was largely informed by the taken over of the retail trade nag Ghananians were reduced to beggars in their own land. Fourty-one years on we are enacting a law that effectively reintroduces that concept, except that there in no one forced to leave the country. Oh Prof Busia, you were so far beyond your days, and the simpletons are catching up. Rest in Perfect Peace.
Wiafe 12 years ago

the 1 million set for foreign retailers in cash or goods is too low. Many foreigners are going to use valuation tricks and bribery to open wide the retail sector.

Ghanaian traders are going to lose. The $1 million requirem ...
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the 1 million set for foreign retailers in cash or goods is too low. Many foreigners are going to use valuation tricks and bribery to open wide the retail sector.

Ghanaian traders are going to lose. The $1 million requirement is too low.

BRO DAN- TRC 12 years ago

PRECIOUS PEOPLE OF GHANA, -I BESEACH THEE BY THE MERCIES OF GOD, TO STAY AWAY COMPLETELY FROM THE CONTINUOUS EFFORTS OF -FELLOW MEN-MEANT TO DESTROY MY -INNOCENT LIFE- AND THOSE OF MY -TWO INNOCENT- CHILDREN. OUR BLOOD REMAIN ...
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PRECIOUS PEOPLE OF GHANA, -I BESEACH THEE BY THE MERCIES OF GOD, TO STAY AWAY COMPLETELY FROM THE CONTINUOUS EFFORTS OF -FELLOW MEN-MEANT TO DESTROY MY -INNOCENT LIFE- AND THOSE OF MY -TWO INNOCENT- CHILDREN. OUR BLOOD REMAIN -INNOCENT BLOOD- BEFORE THE MOST HIGH GOD. "IT IS FINISH". DIGNIFIED PEOPLE OF AFRICA, BLESSED ONES OF THE NATIONS OF THE WORLD, I HAVE SPOKEN TO -THE INNOCENT PEOPLE OF GHANA- AS A MAN SPEAKS TO HIS FRIEND.
MUCH THANKS TO GHANAWEB, FOR THIS SPACE BY WHICH I HAVE REACHED OUT TO -YOU ALL. BLESSED ONES; "IT IS FINISH" THEREFORE, -"OCCUPY TILL I COME". SELAH
TOGETHER WE CAN! WITH GOD, WE CAN!! GOD BLESS AFRICA. GOD BLESS YOUR NATION AND PEOPLE TO STAND FOR -THE TRUTH- AGAINST THIS TIME OF GLOBAL MAN-MADE "JACOB'S TROUBLE", YEA; "THE BEGINNING OF SORROWS", -BUT GOD. SELAH. GOD BLESS MY INNOCENT SOUL AND THOSE OF MY -TWO INNOCENT- CHILDREN. AND, O' GOD, -BLESS OUR HOMELAND GHANA.
BBC NEWS!!!!!!!!!! 12 years ago

The concern citizens of Ghanaians abroad such as America, Canada, London, Germany, Italy, Australia and Holland, is appealing to the highest court of our country to throw the petitioners foolish and diabolical case that is ha ...
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The concern citizens of Ghanaians abroad such as America, Canada, London, Germany, Italy, Australia and Holland, is appealing to the highest court of our country to throw the petitioners foolish and diabolical case that is hanging on mother Ghana's Neck through the nearest Windows for Ghana to move forward.
ghanaba 12 years ago

who are these r.....ts, ruling our country. do you call this a bill. they are going to stooge nationals. i love these elements from ndc-npp dictatorship. democracy simply means checks and balances. where are the checks to bal ...
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who are these r.....ts, ruling our country. do you call this a bill. they are going to stooge nationals. i love these elements from ndc-npp dictatorship. democracy simply means checks and balances. where are the checks to balance void.
man o man 12 years ago

the law has increase the burden that small business has to go through to register by making it compulsory for them to register with GIPC.

the law has increase the burden that small business has to go through to register by making it compulsory for them to register with GIPC.
SUMBRUNGU 12 years ago

SO far, so very good.

SO far, so very good.
MAN 12 years ago

yES WE NEED THIS bILL THAN IT IS. tHE POINT HERE IS TO MONITOR IT WORK.

yES WE NEED THIS bILL THAN IT IS. tHE POINT HERE IS TO MONITOR IT WORK.

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Parliament passes GIPC Bill

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