CERTIFICATE REQUIREMENTS

GHANA ANTI-MONEY LAUNDERING & COUNTER-TERRORISM FINANCING AGENCY.

Ghana AMLG does not accept any payment online. Anybody asking you to make any payment, kindly report the person to us by writing us an email or calling the report inquiring office.

We do not approve any certificate without making 3 steps verification first. Any transaction that is above 40,000 USD, the remitta and the beneficiary must provide the following: Propose Source Of Fund, Purpose Of Fund and Prove of Remittance Permit from the BOG.

Legalization and approver seal of any Anti-Money Laundering (AML)/ Countering Terrorist Financing (CFT) certificate which fund is above $100,000 (USD) to $950,000 (USD ) attracts a cash payment of 3%. Any amount from $951,000 (USD) TO 5Million attracts a cash payment of 5.5% of the total fund. Any amount above 5Million Attract cash payment of 17% of the capital amount from the beneficiary.

The COVID-19 Health Recovery Levy Act, 2021 (Act 1068) imposes a special levy on the every candidate seeking for international Anti- money Laundering certificate from Ghana. The levies are chargeable at a rate of 2.5% each as calculated on the value of the certificate and the paid amount must be refunded completely without any % interest to the applicant after 30 days from the day the certificate was issued.

The Ghana Education Trust Fund (GETFund) Recovery Funding Levy Act, 2021 (Act 1068b) imposes a special levy on the every candidate seeking for international Anti- money Laundering certificate from Ghana. The levies are chargeable at a rate of 2.5% each as calculated on the value of the certificate and the paid amount must be refunded completely without any % interest to the applicant after 30 days from the day the certificate was issued.

The 2.5% x 2 =5% of the capital amount is to be added to the fund category percentage average stated above. Remember all deposited is 100% refundable.

Any beneficiary/applicant that avoid, bypass, detour contradict or deny to make this payment will be answerable by law and such applicant will be deny the certificate.

Penalties and Offences:

The Health and Education Recovery Levy Act 2015 (Act 896) as amended stipulated activities and actions that are considered offences and their associated consequences in terms of interest, penalties, fines and/or prosecution to the offender of that act.

There are two categories of penalties:

Offences which attract pecuniary penalties: These types of offences are mainly administrative powers given to the Commissioner General to impose monetary fines as a result of failure to comply with the tax law. The pecuniary penalties are in addition to the original health and Education Recovery Levy liability and they do not relief a person from criminal proceedings in court.

Offences which attract imprisonments and pecuniary penalties:

The applicant can still be criminally prosecuted depending on the circumstances. These in addition to the monetary fines are mostly imposed by the court.

The penalty regime in Ghana is predominately based on the degree of culpability of the taxpayer towards his tax obligations. The degree of culpability ranges from deliberate attempt to reduce Recovery liability to careless preparation attract a fines of unrefundable 25% of the total capital fund.

By this new order, requirements above are for both Ghanaians and none Ghanaians.

All payment must be made in person to the accounting department at the point of submitting application.