Did you know you must register your business if you are trading under a. Company registration fees in ghanafee, cost, charge. In ghana, to register a business or company you have to apply to the office of the registrar general department. The current renewal fee is fifteen ghana cedis ghs15. Ghana is a developing country which focuses on agricultural and industrial growth, as such, business registration in ghana plays a critical role. The registration laws of ghana have made provision for 5 different. Process of registering business name or sole proprietorship online.
The departments mission is to ensure efficient and effective administration of entities interalia the registration of businesses, industrial property, marriages, administration of estates and public trust, provide friendly services and accurate data for national and economic development. A business registration form is used by a government office, union, or other agency looking to gather information to register new businesses. Such a company may transact with a trading business name, or may apply to add a. As a result, it is very convenient for employers to hire nonexpensive labour in ghana. Learn to make a plan that can turn your idea into a thriving business. How to register a business in ghana step by step guide this is a complete guide on how to register a company or business in ghana requirements, guidelines, fees and general procedures. A partnership is created by the express or implied agreement of the parties, and requires no. The new level at which businesses companies and unincorporated entrepreneurs must compulsory vat register is ghananian cedi ghs 200,000, up from the previous ghs 120,000. This portal is provided by the registrargenerals department as a public service. Ghanas companies act 2019 is the latest of ghanas companies act. Provisions as to assignment of office by directors. Ghanas registrar general department rgd, the body responsible for registering businesses, has successfully implemented an online registration of businesses, issuance of certificates to commence business and the registration of marriages. Avoidance of provisions exempting officers and auditors of company from liability. Form a company name region district ghana post gps postal address company phone number email.
Do you like to know how to start a business in ghana as foreigner foreign investor. Apply for ngo status at the department of social welfare which is the regulator of ngo in ghana, by submitting five copies each of the following documents to the accra metropolitan assembly a. This site is designed, hosted and maintained by national information technology agency nita, government of ghana. Steps to registering a company limited by shares in ghana step 1 company name search at rgd. Section 9types of company 1 an incorporated company may be either, a a company having the liability of its members limited to the amount, if any, unpaid on the shares respectively held by them, in this code referred to as a company limited by shares. A company is a legal entity separate from the directors who run its day to day affairs. The rgd portal offers all users the ability to submit online requests for business company registration.
The business name must be meaningful, relevant and distinctive. The rgd portal offers all users the ability to perform an online business company name searches. Nov 27, 2018 posted by admin november 27, 2018 september 28, 2019 posted in biz news, company setup tags. How to establish a subsidiary in ghana through the registration of a new company. How to register a sole proprietorship business in ghana in. Upon complete filling of the forms, the registrar general forms should be submitted to the registry with an additional. There are several ways of doing business in this country, the most common being through the registration of a limited liability company. For more details please click on the user guide or demonstration video icons above.
Business registration in ghana has been created quite simple following the automation at the registrar generals department rgd. Companies act 1963 act 179 section 1commencement spent. Starting a business ghana investment promotion centre gipc. Apart from corporate or charitable parties, hotels everywhere around the world too offer registration forms. Greater accra region, registrargenerals department. Both resident ghanaian companies and branches of foreign companies are required to register and obtain a permit before operating in ghana. Section 9types of company 1 an incorporated company may be either. Section 9types of company 1 an incorporated company may be either, a a company having the liability of its members limited to the amount, if any, unpaid on the shares respectively held by them, in this code referred to as a.
However, it can now be done at the time of business registration by submitting the forms and required documents at the registrargenerals department rgd. Ghana business directory list of companies in ghana. Disadvantages of ghana company registration we do not recommend our clients to set up trading companies targeting the local market in ghana because. Healy consultants will assist our clients with incorporating the optimal corporate structure in ghana. First, you need to buy form 3 rgd forms which go for gh 9. Company registration in ghana grow your business in africa. Registrargeneral department or ghana revenue authority it is necessary to obtain a tin before proceeding to company registration. Republic of ghana in africa, ghana ranks 24th by size out of 54 countries, 14th by population and th by population density. Company secretary beatrice mettlenunoo, fcca registered office 1st regina house 67 cheapside 1st floor london ec2v 6az company registration no. This is a direct contrast to the old regime where anyone above the age of majority could be appointed as a company secretary. All enterprises are expected to fill out the relevant application forms, which serve as the companys regulations. Business directory ghana, list of companies in ghana with contact details, addresses. Initially investors need to pay fees for checking the availability of company name as well as obtaining incorporation forms. Marriage registration with the department, it is an inexpensive, seamless and swift process find out more here.
Ghana is to increase its vat registration threshold. Postal address i specifically mention the co against a specific person company. Pa enterprise registration form and instructions pa100. African union import levy bill, 2017 laid on 06102017 by ken oforiatta minister responsible for finance. Ghana s registrar general department rgd, the body responsible for registering businesses, has successfully implemented an online registration of businesses, issuance of certificates to commence business and the registration of marriages. Business registration registrar generals department. It is also a country with a large potential, immense business opportunities, numerous natural resources, a fast expanding economy and a growing middle class, it is also well known for the exceptional hospitality of its inhabitants. There are forms that require membership passes or certain membership cards that you will soon require services of. The departments mission is to ensure efficient and effective administration of entities interalia the registration of businesses, industrial property, marriages, administration of estates and public trust, provide friendly services and accurate data for national and. Did you know that ghana is the most politically stable country in west africa. To further enhance corporate governance in ghana, companies are now required to appoint a company secretary duly qualified under the act to perform the duties of a company secretary. A company thus has legal rights and obligations in the same way that a natural person does.
Youll currently register your company in ghana following the belowlisted steps. There are many different types of these business registration or business application forms that just about anyone can use if they want to make sure that their business is legally able to proceed with its operations. Compromise between company and its members or creditors. Business registration ghana investment promotion centre. Business registration at registrar generals department rgd.
This is the most critical step that must be done after wide consultation with other business experts. We do not recommend our clients to set up trading companies targeting the local market in ghana because. Users should note that the final decision on the use and suitability of business. Company promoters may after the name search apply to have their business name reserved for a period of 30 days. For news about ghana, see accraexpats how to guide page how to keep posted with ghana news official name. For more details please click on the user guide or. Before taking this step, it is important to find out all the different types of registration available and also the documents needed for the registration process. How to start a business in ghana in 2018 the initial step when registering a sole proprietorship business is the registration of a business name.
The total time of completing this process could be 1 day. How to register a business in ghana there are different types of vehicles available to an entrepreneur to launch the. Company limited by shares this is a business entity registered at the registrar generals department comprising at least two individuals acting as directors of the company and at least one person company or individual acting as a shareholder in the entity with. Companies are advised to seek independent professional advice as they see fit. Use your choice of free business registration form to collect contact details of business owners, learn more about their businesses, and streamline your workflow by reducing needless paperwork.
Company registration is done by the registrar generals department, but this duty will be transferred to the new office of the registrar of companies under the terms of the companies act, 2018. National board for small scale industries ghanas msmes. Customs and excise petroleum taxes and petroleum related levies repeal bill, 2017 laid on 17082017 by hon. Conduct your company name search in ghana to ensure the availability of the proposed business name for the company. Please indicate the nature of operations, products or services applicable to your business as. Register your company in ghana with ease, by simply following the steps outlined below. Ghana has a new companies act the companies act 2019 act.
Guide to company registration in ghana denmark in ghana. Ghana has a new companies act the companies act 2019. All companies must have an auditor, who must be a member of the institute of chartered accountants, but should not. Those who start a business in ghana, must follow the laws and regulation according to companies code 1963 act 179 and under the code, investors regardless foreign or local can establish and register a place of business in ghana. The current processing fee is thirtyfive ghana cedis ghs35. Postal address i specifically mention the co against a specific personcompany. How to register a business in ghana step by step guide. Limited company may have directors with unlimited liability. It takes about two weeks to register a company with gipc 5. Business names that are too similar to existing names. The current fee for form a is three ghana cedis, fifty pesewas ghs3.
The task of business registration in ghana is carried about by the registrar generals department of ghana which has been empowered by the ministry of justice and attorney general since 1961. In terms of the companies act, 2008, a company may be registered with or without a company name. This is a direct contrast to the old regime where anyone above the age of majority could be appointed as a. Data on ghana introduction in addition to the data below, the links at the bottom of this page will provide you with more information. When a company is registered without a reserved name, its registration number automatically becomes the company name. Company name search at registrar generals department rgd. Registration of business names and ghanas corporate laws. Posted by admin november 27, 2018 september 28, 2019 posted in biz news, company setup tags. Auditor deloitte llp statutory auditor london united kingdom. Power of limited company to make liability of directors unlimited. Contents1 business registration in ghana2 how to register a business in ghana step by step guide3 registering a company limited by shares in.
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