This year’s first quarter CEOs’ Breakfast Meeting will be held on Tuesday, March 30, 2021, at the Ghana Investment Promotion Centre (GIPC).
On the topic “Technology Transfer Agreements: Eligibility, Compliance, and Liabilities,” the meeting will take a detailed look at Technology Transfer Agreements (TTA).
According to a statement received by the Ghana News Agency, the CEOs’ meeting in the first quarter would inform investors and businesses on the GIPC’s TTA registration.
Discussions will be conducted with main stakeholders such as the Ghana Revenue Authority, the Bank of Ghana, and the Ministry of Finance and Economic Planning on issues related to TTA applications and the advantages of TTAs to both international and local companies, according to the statement.
“In Ghana, TTAs are normally entered into two companies, a parent company based in another country and a local affiliate or associate company based in Ghana,” it said.
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According to the statement, a contractual arrangement specified how a parent corporation can move its technology, skills, and know-how to a local body, and that any technology transfer agreement in Ghana would comply with and be regulated by the Ghana Investment Promotion Centre Act 2013. (Act 865).
The GIPC’s online channels (@gipcghana) – Facebook, Twitter, Instagram, LinkedIn, and YouTube – said both local and foreign businesses could participate in the event starting at 0900 hours.
SOURCE: ATLFMONLINE