Income Tax Incentives

Tax Exemption

  • Tax Holiday (from start of operations)
  • Real Estate: The income of a company from a business of construction for sale or letting of residential premises is exempt for five (5) years from the date of commencement of operations.
  • Rural Banks: 10 years
  • Agriculture and agro-industry:
  • Cocoa farmers and producers - income tax exempt
  • Cattle ranching - 10 years
  • Tree cropping (e.g. coffee, oil palm, shea butter, rubber and coconut) 10 years
  • Livestock excluding cattle and poultry - 5 years
  • Fish farming, poultry and cash crops - 5 years. Agro processing – the business of converting crops, fish or livestock produced in Ghana into edible canned or other packaged product other than in their raw state 5 year
  • Agro processing – the business of converting crops, fish or livestock produced in Ghana into edible canned or other packaged product other than in their raw state – 5 years
  • Waste Processing (including plastics and polythene) 7 years