Here is a step-by-step guide on how to register a company in Ghana:
a) Choose a unique company name
- Conduct a name search at the Registrar General’s Department (RGD) to ensure your desired name is available
- Reserve the name for 30 days by paying the applicable fee
b) Obtain Tax Identification Numbers (TINs)
- All company directors, shareholders and the secretary must register for a TIN
- Individuals can use their Ghana Card PIN as their TIN starting April 1, 2021
- Organisations apply for a TIN using the prescribed form
c) Complete the company registration forms
- Forms can be purchased at the RGD or downloaded from their website
- Required forms include:
- Form 3 - Return of Particulars of Company
- Form 4 - Details of Directors and Secretary
- Regulations of the Company
- Provide auditor’s consent letter, company address, stated capital, and shareholder details
d) Pay the required fees
- Stamp duty of 0.5% on stated capital
- Registration filing fees (currently GHS 450)
- Payment is made at the in-house bank at the RGD
e) Submit all documents to the RGD
- Forms are verified and captured at the RGD
- If all requirements are met, the company is registered within 3-4 weeks
e) Collect certificates and documents
- Upon approval, the RGD issues:
- Certificate of Incorporation
- Certificate to Commence Business
- Certified copies of Forms 3 & 4 and Company Regulations
f) Complete other regulatory requirements
- Register for SSNIT[5]
- Register with Ghana Investment Promotion Centre (GIPC) if foreign-owned
Useful links for more information:
- Registrar General’s Department: https://rgd.gov.gh
- Ghana Revenue Authority TIN Registration: https://gra.gov.gh/tin/
- Office of the Registrar of Companies: https://orc.gov.gh
- Ghana Investment Promotion Centre: https://gipc.gov.gh
The registration process requires careful adherence to requirements and procedures. Consulting with legal professionals can help ensure a smooth and compliant company incorporation in Ghana.