Technology Transfer Agreement Registration Support

Using experienced professional resources to support TTA registration is the ideal option to consider

All foreign enterprises in Ghana are required to register with Ghana Investment Promotion Centre (“GIPC”), whilst wholly owned Ghanaian enterprises may also register with GIPC. These enterprises are required by law to register their technology transfer agreement (“TTA”) with the Centre to enable GIPC monitor the technologies that these enterprises bring to Ghana.

To further improve enforcement of the laws on TTA, GIPC works with other Government institutions. The Bank of Ghana (“BoG”) uses its regulatory powers to stop all funds transfers for TTA services which have not been registered. Enforcement measures are being enhanced, including increased monitoring and stricter penalties for non-compliance, to ensure adherence to the regulations.

Registration, therefore, brings TTAs under the monitoring of GIPC and allows enterprises to transfer funds to pay for the technology services in a lawful manner.

The GIPC Act and TTA L.I. regulates the provisions or content of TTAs, making it a regulated agreement, and its preparation could take a lot of the productive time of companies.

KKGO has trained and dedicated professionals with specialised skills to support clients to successfully register their TTAs with a quick turnaround.

What relationship means to us

Everything we do is rooted in our core purpose to help our clients thrive every day. It’s not only the right business thing to do; it’s the right thing to do. This starts by putting our people at the center of our work and extends to how we treat and value our people, our clients and our communities.

With a dedication to quality and a purpose-driven culture, KKGO offers a powerful choice both for clients and those seeking rewarding professional careers.