Notice of Nationwide Inspection of Companies and Businesses in Ghana

Attention all business owners and companies operating in Ghana! 📝

The Office of the Registrar of Companies in Ghana is set to conduct an inspection exercise to ensure compliance with the Companies Act 2019, Act 992.

Key details:

  • Start date: Monday, March 25th, 2024
  • Scope: Inspections will be carried out in all regions of Ghana to ensure adherence to regulatory provisions.

Documents to be inspected include:

  1. Certificate of Incorporation (for Companies and Partnerships)
  2. Certificate of Registration (for Business Names / Sole Proprietorships)
  3. Combined Register with information on Directors and Members
  4. Compliance status (e.g., filing of Annual Returns and Amendments)
  5. Updated company and business details with current information about the business

Consequences of non-compliance:
Failure to comply with the provisions of the Companies Act 2019 (Act 992) could lead to fines, imprisonment of not less than one year, or both.

Advice for business owners:
Stay proactive and ensure your business meets all statutory requirements to avoid any inconvenience.

#GhanaBusiness #Compliance #Regulatoryupdate #Legal #Regulatory

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