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Ghana Tax Information

15% VAT + levies

VAT is 15% standard plus 2.5% levies. TIN required. GRA registration mandatory.

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

Invoice Requirements in Ghana

TIN number
VAT registration
Client TIN
Invoice number
VAT breakdown
Total in GHS

Payment Terms

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

CashNet 14Net 30COD

Payment Methods in Ghana

Bank TransferMTN Mobile MoneyGCB BankEcobankVodafone Cash

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor invoices in Ghana?

Ghana has 15% VAT + levies. VAT is 15% standard plus 2.5% levies. TIN required. GRA registration mandatory.

What payment methods are common for financial advisors in Ghana?

Common payment methods in Ghana include: Bank Transfer, MTN Mobile Money, GCB Bank, Ecobank, Vodafone Cash. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in Ghana?

Your invoice should include: TIN number, VAT registration, Client TIN, Invoice number. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

What taxes apply in Ghana?

Ghana has 15% VAT plus additional levies (NHIL 2.5%, GETFund 2.5%) making effective rate around 17.5-20%.