The Compliance and Monitoring Department of the Ghana Fee Zones Authority (GFZA) held a two-day training session on the 20th and 21st of April 2023, with the goal of updating officers on current tax laws and customs procedures in relation to Free Zones.
The “Managing Tax Compliance Risks” training curriculum was implemented to help organizations meet their statutory goals and more. It also aims to equip participants with the knowledge and skills needed to conduct compliance audits efficiently and in accordance with current compliance trends.
Tax consultant Mr. Bartholomew Darko lectured on a variety of topics. He discussed Ghana Revenue Authority’s enforcement techniques, numerous tax types and its related compliance requirements, how to manage tax compliance risk, and the road forward, among other topics.
Mr. Mike Dah, A retired Customs Officer, also educated the department on customs laws and the relationship between free zones and customs with the goal of preparing the department and updating personnel on customs-related concerns pertaining to free zone operations. He emphasized that the World Customs Organisation (WCO) has attempted to debunk the myth by saying in the Revised Kyoto Convention (RKC) that “goods in a free zone are outside the customs area only in terms of import duties and taxes.”
Mr. John Adda Abuga, Director of Compliance and Monitoring, Mr. Fred Agyei-Gyane, Manager of Compliance, Mr. Michael Larbi-Amoah, Assistant Compliance Manager, and other Departmental Officers were also present.