Doing Business and Applicable Laws in Ghana
Laws applicable to the operation of business in Ghana conform to international standards and best practice. These laws are based on a framework of legislation relating to business activity, copyrights, patents, trademarks, disputes and labour relations.
Ghana subscribes to a number of International Conventions on Industrial and Intellectual property such as the World Intellectual Property Organization (WIPO). There are also numerous Public sector Ministries, Departments and Agencies as well as private legal, business consulting and accounting firms, which provide expert guidance on doing business in Ghana.
Sanctity of contracts ensures respect for commercial rights and obligations. Damages are compensatory, not punitive, and an Independent Court system ensures equitable protection of rights. Mediation, arbitration and other alternative forms of dispute resolution are readily available and routinely used.