Ghana Rolls Out the Second Phase of Its Electronic VAT Invoicing System

Ghana has begun the second phase of its Electronic VAT Invoicing System, adding 2,000 more VAT-registered businesses. These businesses will now be required to issue electronic VAT invoices.

As part of this phase, the Ghana Revenue Authority (GRA) is adding 2,000 additional taxpayers to the system. Those registered will need to provide electronic VAT invoices. This updated system will allow the GRA to track VAT transactions in real-time.

Similarly to the first phase, the taxpayers involved in this round have been invited to attend seminars hosted by the GRA to guide them through the onboarding process.

E-invoicing situation in Ghana

The Ghana Revenue Authority (GRA) launched the e-VAT invoicing system, starting with large taxpayers in October 2022. By the end of 2024, all VAT-registered businesses are expected to comply with issuing electronic invoices. The system aims to enhance transparency and efficiency in tax reporting. Taxpayers are gradually being onboarded through a phased approach, with training sessions provided by the GRA to facilitate the transition.