3 Things to Be Aware of Before Getting an Office Space in Ghana
- Ghana's real estate sector is taking shape and is booming with a lot of apartments, offices and businesses
- People or companies who want to get office spaces in Ghana must do their due diligence before releasing money
- Getting an office for your business lends credibility to your business and makes people more confident in doing business with you
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There are certain hot spots in Ghana that are known as business districts with offices littered around every nook and cranny. As businesses grow and expand, many people will want to acquire their own office spaces. However, before getting a place for your venture, there are things to consider.
Ghanaians pay two types of rent taxes - residential tax and non-residential tax. The residential tax is 8% whiles the non-residential tax is 15%. Office spaces fall under the non-residential tax bracket The owner of the building is responsible for paying this commercial tax.
Before renting an office space, demand to see whether the property owner has been paying their non-residential tax. This will save your business from a lot of trouble at the hands of the government.
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It should be clear who is responsible for maintaining the building whether the property owner or the business. Usually, the landlord is responsible for maintaining the exterior of the building whiles the company takes responsibility for the interior.
Proximity to City Centre
It is important that your business is located in the city centre which is the business district of the city. This will make you attract more potential customers. Heavy traffic areas such as Spintex and Dzorwulu and East Legon are areas in Accra that are highly sought-after for business.
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