In Ghana the equivalent of an LLC or corporation is a company limited by shares registered under the Companies Act, 2019. These companies open a corporate current account, usually in cedi with a foreign currency account where they trade overseas, at an established bank such as GCB Bank, Ecobank Ghana, or Fidelity Bank Ghana. Banks require incorporation documents and a board resolution. Figures here are as of 6 March 2026.
Suits LLC and Corporations best
An established bank with full corporate banking, such as GCB Bank or Ecobank Ghana for multi currency needs, or Fidelity Bank Ghana for digital business banking.
Typical monthly fee
No fixed monthly fee; account maintenance and transaction charges apply
Non resident position
A company limited by shares must be registered with the Office of the Registrar of Companies under the Companies Act, 2019. To open the account banks require the certificate of incorporation, the company constitution, beneficial ownership details, a Tax Identification Number, and a board resolution authorising the account and signatories. Foreign directors and shareholders face additional identification and compliance checks. Verify with the provider.
Providers that fit
Three covered here
Fees and features as of 6 March 2026Last reviewed 6 March 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A company limited by shares in Ghana, the local equivalent of an LLC or corporation, opens a corporate current account at an established bank, usually in cedi and with a foreign currency account where it trades overseas. Banks require the certificate of incorporation, the constitution, beneficial ownership details, and a board resolution. Information as of 6 March 2026, not advice.
What LLC and Corporations in Ghana need from a business account
Companies limited by shares need to separate corporate funds from owners, run payroll and supplier payments, and add multiple authorised signatories. The usual priorities are a corporate current account with online banking, a foreign currency account where the company trades or receives funds from abroad, clear controls over signatories and approvals, and statements suitable for audit and tax. Banks open the account against the certificate of incorporation, the constitution, beneficial ownership details, and a board resolution. Confirm the document checklist with the provider.
G
GCB Bank
Full corporate current accounts, foreign currency accounts, and online banking at Ghana's largest bank, suited to registered companies.
Best for
Registered companies wanting an established full service bank
Monthly fee
No fixed monthly fee; account maintenance and transaction charges apply
The international providers we compare do not confirm a business account for companies resident in Ghana as of 6 March 2026. The providers listed above serve this market: established Ghanaian banks such as GCB Bank, Ecobank Ghana, and Fidelity Bank Ghana, which open corporate accounts against incorporation documents and a board resolution. Confirm current terms with each provider before applying.
Questions about banking for LLC and Corporations in Ghana
What is the Ghanaian equivalent of an LLC or corporation?
In Ghana, a company is registered as a company limited by shares under the Companies Act, 2019, which is the closest equivalent to an LLC or corporation. It is registered with the Office of the Registrar of Companies. As of 6 March 2026, confirm the structure that fits your business with a qualified adviser and the registrar.
What documents does a company need to open a bank account in Ghana?
Banks typically require the certificate of incorporation, the company constitution, beneficial ownership details, a Tax Identification Number, identification for directors and signatories, and a board resolution authorising the account. As of 6 March 2026, confirm the exact checklist with the provider.
Can a Ghanaian company hold a foreign currency account?
Yes. Companies in Ghana can hold foreign currency or foreign exchange accounts in currencies such as US dollars, pounds, and euros, operated within Bank of Ghana foreign exchange rules, alongside a cedi current account. As of 6 March 2026, confirm eligibility and funding rules with the provider.
What does a corporate account cost in Ghana?
Established Ghanaian banks usually charge no fixed monthly fee but apply account maintenance and transaction charges, and some corporate or multi currency accounts carry additional service fees. As of 6 March 2026, confirm current pricing with each provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 6 March 2026. Confirm current terms with the provider before applying.