Gold export license ghana. This is non-negotiable.
- Gold export license ghana. Aug 29, 2024 · Ghana is well endowed with gold deposits and is one of the most attractive business markets in West Africa. COMPANIES LICENSED TO PURCHASE AND EXPORT GOLD AS AT 15TH OCTOBER, 2024 Sign up for Newsletter and receive latest updates from the Minerals Commission Licensing We are the sole authority with the power to license all persons engaged in gold trading and other related businesses in Ghana, such as aggregation, buying, smelting, refining, transportation, jewelry production and fabrication, among others. Conclusion Getting a gold buying and export license in Ghana is a crucial step for those interested in trading in this precious metal. By following the proper procedures, meeting eligibility requirements, and conducting due diligence, investors can take part in this thriving industry responsibly and contribute to Ghana's economic growth. Whether you are shipping gold to the USA or Dubai, understanding the regulatory framework is essential to avoid delays and penalties. LEGAL AND REGULATORY REQUIREMENTS FOR EXPORTING GOLD FROM GHANA: THE NEED FOR DUE DILIGENCE INTRODUCTION (MFA GM/794) NATURAL OR JURIDICAL PERSONS (COMPANIES) SEEKING TO ENGAGE IN GOLD PURCHASE AND EXPORT FROM GHANA NEED TO UNDERSTAND THAT THIS IS A REGULATED INDUSTRY. Upon request, PMMC can recommend an LGE. THESE INSTITUTIONS INCLUDE THE MINERALS Apr 5, 2025 · Step 4: Obtain a Gold Export License from the Minerals Commission You must possess a valid Gold Export License issued by the Minerals Commission of Ghana, regulated under Minerals and Mining Act, 2006 (Act 703) and Legislative Instrument 2173 (2012). Obtain an export license – Any entity involved in gold export from Ghana must apply for an official export license from the Minerals Commission. . Aug 12, 2021 · Due Diligence when buying and exporting Gold Private individuals and incorporated companies seeking to engage in gold buying and export license in Ghana need to understand that the sale and export of gold is a regulated business actvity. What is the process of exporting gold? Answer: There are Licensed Gold Exporters (LGEs) who will charge a fee to facilitate the process on behalf of the client. IT IS GOVERNED BY LAWS WITH ESTABLISHED INSTITUTIONS MANDATED TO ENSURE COMPLIANCE. Acquisition of gold and diamond license, the cancellation of gold license as well as procedures for the purchase and export of Diamonds. Sale and export of gold is governed by laws with an established institution mandated to ensure compliance. Learn everything about obtaining a Ghana gold export license, including eligibility, requirements, application process, and costs in USD. This is non-negotiable. Use the PMMC as an intermediary – The Ghanaian government mandates that all gold exports be routed through the Precious Minerals Marketing Company (PMMC) for proper documentation and valuation. Alternatively, an export license can also be acquired from the Minerals Commission upon an application and submission of requisite Thus, gold produced by small-scale miners are the ones sold locally and purchased by licenced gold dealers mainly for export or limited refining by refineries in Ghana. 11. Feb 3, 2025 · Documents Required to Export Gold From Ghana Conclusion Exporting gold from Ghana requires careful planning, compliance with legal requirements, and securing the necessary documentation. Ghana’s wealth of resources, democratic political system, and dynamic economy makes Jun 19, 2019 · Ghana requires a particular method of setting up a mineral purchasing and export company with a license from the minerals commission to deal in gold trading and export. Exports of gold are regulated by the Bank of Ghana, Ghana Revenue Authority (Customs Division) and the Minerals Commission. xwwa ukmkx lmral pavw qewouv arswe xqqgk eck ygmjn xxt