Legal Syndication Primer Ghana
This guide aims to outline the legal requirements that angel investors must adhere to when investing in startups within Ghana. There are no specific laws governing angel investing in this country, so the rules applicable to investors will apply to angel investors.
Additionally, there are not any distinct vehicles tailored for angel syndication. The choice of legal structure hinges on the specific goals, intentions, and the nature of the investment being considered. Angels and angel syndicates registered outside Ghana are subject to the corporate laws of the country where they are registered.
Due to the growing popularity of Delaware corporations as holding entities for African startups, investors often channel their investments through Delaware-based companies, which flow down to the African subsidiaries.
In such scenarios, the legal requirements associated with investing in Delaware will come into play.