THE GHANA FREE ZONES ACT 504 (Extracts)
THE FREE ZONE ACT, 1995 enables the establishment and regulation
of activities of Free Zones in Ghana for the promotion of economic
development.
Establishment of Free Zones; Developing of Free Zones
• Subject to the Constitution and any other enactment
in force relating to the acquisition of property, the President
may on the recommendation of the Board by notice published in
the Commercial and Industrial Bulletin, declare-
• Any area of land or building as a free zone; Any airport,
river port, seaport, or lake port as a free port.
• A declaration under subsection (1) of this section shall
specify the area and the scope of activities in the free zone
concerned.
• No person shall- develop; manage; or develop and manage
free zone unless it is a body corporate registered under the
Companies Codes 1963 (Act 179) or a partnership registered under
the Private Partnership Act 1962 (Act 152).The body corporate
or partnership shall be licensed to develop, manage or develop
and mange free zone under this Act.
• Subject to the Constitution, a free zone developer may
for purpose of its activities- Acquire land within the area
declared in respect of it; and Lease or sub-lease real property
it owns, has leased or has the right to use, sell or lease and
may sell or rent buildings to free zone enterprises. It shall
be the responsibility of a developer to- construct and maintain
buildings, warehouses, factory shells and provide or contract
other persons to provide or contract other persons to provide
utilities or services such as water, electric power, telecommunications
and sewerage; develop all other infrastructure necessary for
the enhancement of the efficient and effective activities of
the zone, in accordance with any regulations made under this
Act;
• Provide fencing and enclosures to separate the zone
from the national customs territory, and ensure security of
the zone,
• Provide and contribute to the cost of facilities for
such on site customs services as shall be determined by the
Customs, Excise and Preventive Services (CEPS);
• Undertake any investment or financial venture to facilitate
and promote the development of the zone; and
• Submit, within such periods as the Board may direct,
reports on development in the relevant zone to the Board.
• A licensed developer may undertake or sub-contract the
management, control and promotion of the free zone development
in the declared area.
• The developer shall apply for a license for any person
to whom a sub-contract has been given by it under subsection
• The application for a license for a sub-contract shall
be made to the Board and shall be accompanied with the executed
sub-contract.
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