Registering a sole proprietorship is the cheapest and fastest way to formalize your business in Ghana. Here's exactly what you'll pay in 2026.
Official RGD Fees
- Business name search: GHS 25
- Registration fee: GHS 80-120
- Business Operating Permit fee: GHS 30-50
- Certificate printing: GHS 20
Total official fees: GHS 155-215
Additional Costs
- Passport photos: GHS 10-20 (4 copies)
- Photocopies: GHS 5-10
- Transportation: GHS 20-50 (depending on location)
- TIN registration: Free (but you'll spend on transport)
If You Use an Agent or Lawyer
Many people hire an agent to handle the process:
- Agent/consultant fee: GHS 200-500
- Lawyer fee (if used): GHS 300-800
Using an agent is optional but saves time, especially if you're outside Accra.
Total Budget: What to Expect
- DIY (doing it yourself): GHS 200-300
- With agent: GHS 400-700
- With lawyer: GHS 500-1,000
What's Included in Registration
When you register a sole proprietorship at the RGD, you receive:
- Certificate of Registration
- Business Operating Permit
- Registered business name
You'll still need to separately:
- Register for a TIN at GRA (free)
- Open a business bank account
- Get any industry-specific permits
Documents Needed
- Ghana Card (National ID)
- Passport-size photos (4 copies)
- Proof of business address (utility bill or tenancy agreement)
- Completed RGD registration form
Timeline
- Name search: 1-2 days
- Registration processing: 3-7 business days
- TIN registration: 1-3 days
- Total: 1-2 weeks
Sole Proprietorship vs Limited Company: Cost Comparison
A limited company costs GHS 2,000-5,000 to register — roughly 10x more than a sole proprietorship. But it gives you limited liability, which means your personal assets (house, car, savings) are protected if the business fails or gets sued.
For a detailed comparison, read sole proprietorship vs limited company in Ghana. Or use our free Business Structure Finder to get a personalized recommendation based on your specific situation.
When to Upgrade
Start as a sole proprietorship if:
- You're testing a business idea
- Revenue is under GHS 100,000/year
- You don't need investors
- The business carries low risk
Upgrade to a limited company when:
- Revenue grows significantly
- You need investment or bank loans
- You're taking on employees
- The business carries liability risk
Learn more about all business registration costs in Ghana.
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