obuobia

Obuobia Darko-Opoku (left) at the seminar

Companies operating under the Ghana Free Zones Board (GFZB) have been warned to abide by the rules and regulations governing their operations or face sanctions.

Obuobia Darko-Opoku, Acting Deputy Executive Secretary of GFZB, who gave the warning in an interview with DAILY GUIDE during a day?s training seminar for the free zones companies, said the Board would ensure that their operations were in line with the rules and regulations.

?It has been noted over the years that a number of the free zones operators flout the free zones rules and regulations as well as other collaboration agencies? laws,? she said.

This, Ms. Darko-Opoku said, might be due to inadequate knowledge of the procedures and the various legislative instruments such as the Free Zones Act (Act 504), Immigration Act, 2000 (Act 573), Internal Revenue Act (Act 592) among others, regulating the free zones and its collaborating agencies.

In view of this, she said, ?It has become necessary to interact with the operators with a view to updating them on some changes in their operational activities and remind them of the need to show interest in these procedures and laws, hence the training seminar?.

Ms. Darko-Opoku furthermore said as part of their work-plan for 2014, the seminar was being organized for companies not only in the Greater Accra, but Eastern, Volta and Central regions.

Customs, Domestic Tax Divisions of the Ghana Revenue Authority and Immigration were invited by the Board to make presentations on their various operational procedures for the free zones enterprise.

By Cephas Larbi

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.