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What is the step-by-step process for registering a company in Chana?

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:

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.