Fair Investment Agreement
Key Terms
- 32.5% Fixed Corporate Tax Rate
- VAT exemptions on gold sales, imports and most local goods and services
- Fixed Royalty (3% Ahafo; 3.6% Akyem)
- Free Export of Gold
- Government Receives 10% Free-Carried Interest
- Government has Right to Acquire up to 20% of Project Equity at Fair Market Value after 15th Year of Operation