All posts tagged: business structures Ghana

Business Structures in Ghana: How to Choose Between a Sole Proprietorship, Partnership and Company Under Act 992

The choice of an appropriate business structure in Ghana is a critical strategic decision that directly affects liability, continuity, capital formation, ownership, governance, and long-term sustainability. Entrepreneurs must therefore understand the legal nature and implications of operating as a sole proprietorship, partnership, or company as regulated respectively under the Registration of Business Names Act, 1962 (Act 151), the Incorporated Private Partnerships Act, 1962 (Act 152), and the Companies Act, 2019 (Act 992).

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