The Ghana Investment Promotion Centre (GIPC) is to hold its first Quarter Breakfast CEO’s meeting tomorrow, with a comprehensive look at Technology Transfer Agreement, TTA registration.
The forum will also be used to sensitize the Investor and Business Communities on GIPC’s TTA registration.
Together with some key partners such as the Ghana Revenue Authority, Bank of Ghana, Ministry of Finance and Economic planning, discussions will be centered on issues relating to the TTA application and its benefits to both foreign and domestic businesses.
In Ghana, TTA’s are entered into by two entities, usually a parent company abroad and its local subsidiary or associate company which is domiciled in the country.
Accordingly, a contractual agreement is signed which defines how the parent company transfers its technology, expertise and know-how to an entity within the country.
According to the law, the provisions of every technology transfer agreement in Ghana must conform to and be governed by the GIPC Act 2013 (Act 865).
