Welcome to Ghana, a vibrant and culturally rich country that offers a unique experience for digital nomads, expats, and location-independent workers! If you're looking to establish your tax residency in Ghana, follow this comprehensive step-by-step guide to navigate the legal process smoothly.
Step 1: Determine Eligibility
To qualify for tax residency in Ghana, you must spend a minimum of 183 days in the country within any 12-month period. This can be continuous or broken up throughout the year.
Step 2: Obtain a Residence Permit
Apply for a residence permit from the Ghana Immigration Service (GIS). You will need to submit your passport, visa, proof of accommodation, employment contract or business registration, and recent passport-sized photographs. The permit is typically valid for one year and can be renewed.
Step 3: Register with the Ghana Revenue Authority (GRA)
Visit the nearest GRA office to register as a taxpayer. You will need to provide your residence permit, passport, and proof of address in Ghana. Upon successful registration, you will be issued a Tax Identification Number (TIN), which is necessary for all tax-related transactions.
Step 4: Open a Local Bank Account
To facilitate financial transactions, you need to open a bank account in Ghana. Most banks will require your passport, residence permit, proof of address, and your TIN. Choose a bank that offers services that meet your needs as a digital nomad or expat.
Step 5: Maintain Accurate Records
Keep detailed records of your income, expenses, and the number of days you spend in Ghana. This documentation will be essential for your annual tax filings and in case of any audits by the GRA.
Step 6: File Annual Tax Returns
File your annual tax returns with the GRA. The tax year in Ghana runs from January 1st to December 31st, and you must file your returns by the end of April of the following year. Ensure that all income earned both within and outside Ghana is reported.
Legal References
- Income Tax Act, 2015 (Act 896)
- Ghana Immigration Act, 2000 (Act 573)
- Ghana Revenue Authority Act, 2009 (Act 791)
Useful Links
