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Next, submit the forms. In Ghana, all companies are required to have at least two (2) initial directors, an auditor and a secretary during the company registration process. At least one (1) of the company directors or secretary must be resident in Ghana. Log in, List of Government Agencies in Ghana (2020), Ghana President’s Salary: Full Details (2020), DCE Salary in Ghana: See What They Earn (2020), How To Renew Your Passport In Ghana (2020), Current Ministers in Ghana, their Portfolio and Profiles (2020), Ghana Independence History: How It All Happened, How to Get An International Passport in Ghana (2020), Ghana Coat of Arms: Meaning, History, & Other details, Teachers Salary in Ghana: Annual and Monthly Breakdown (2020), Photo ID (driver’s license, the information page of your passport, voter’s card), The prescribed shareholding structure of the company. After this process, a Ghanaian company is free to start a business, however, companies that are partly or Submit filled forms at the Company Registration Counter for Verification and Capturing or via Online Pay two hundred and thirty Ghanaian Cedi (GHS 230) for Incorporation or via Online Also Filing fee of Fifty Ghanaian Cedi (GHS 50) and 0.5% stamp duty on stated capital at the in-house bank or via Online How to Register a Firm in Ghana Successfully 2020 Ultimate Guide. The RGD Portal offers all users the ability to perform an online Business / Company Name Searches. Using the online services provided by the Registrar General’s Department Online Portal, you can do a: No, not at all. The business certificates can be used for any business transaction or open a corporate bank account with any of the commercial banks in Ghana. Subsequently, a TIN number will be created for the corporate shareholders. How much does it cost to register a business in Ghana and what other statutory charges are there in maintaining a company’s books? Save my name, email, and website in this browser for the next time I comment. These are the simple steps to follow to register the different types of businesses in Ghana. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! To register, first acquire the necessary forms and fill them. After the name search, you can apply to have your business name reserved for a period of 30 days. As a going concern, every business has to file its annual returns and may also file other statutory forms and resolutions from time to time as the business grows and changes occur. The Social Security and National Insurance Trust (SSNIT) is a statutory public Trust charged under the National Pensions Act 2008 Act 766 with the administration of Ghana’s Basic National Social Security Pension Scheme and to cater for the first tier of the contributory three-tier scheme We are going to give you all you need to know about registering a company with the Government in Ghana with ease. The commissioner for oaths office located in the Registrar General’s Department is in charge of oaths which would be sworn within a day. How to register a company in Ghana Access the internet and download a sole proprietorship form from Ghana revenue authority official website. How to Register your Business in Ghana. Below is a step by step guide to registering a company limited by shares in Ghana. Stamp Duty: This is 0.5% of the stated capital. Ghana is increasingly becoming a hub for many investors and entrepreneurs. Start by conducting your company name search to ascertain the availability of the proposed business name for the company. List of Registered companies and services in Ghana. All the company directors, shareholders, and secretaries must register their TIN as Full details of the directors, secretaries, and shareholders. Complete TIN forms and attach a copy of photo ID (Drivers, p… (How to apply for TIN Number in Ghana). Before starting a business in Ghana, you must have a business entity. The courier or delivery business is fast rising in Ghana. The process of a limited liability company registration in Ghana is a fast process taking only 3 days to complete. Establishing a company in Ghana Any business that intends to establish in Ghana must first register at the Registrar General’s Department (RGD) to obtain the certificate of incorporation, certificate to commence business and company’s code or regulation. All company directors, secretary and shareholders are required to register and obtain a TIN for the purposes of business registration. In such cases, the corporate organization will need to obtain a TIN form for organizations and duly complete same and attach a letter of introduction. Employers must register their employees with the SSNIT and pay their contributions. Under the laws of Ghana, there are various forms of business entities that can be registered and it is therefore imperative to choose the right legal structure that is best for your business. How to Register a Business in Ghana [Step By Step Guide], Registering a Company Limited by shares in Ghana, NABCO: Steps to Register and Get your TIN Number, How to Open An Account With Zenith Bank Ghana, 33 Lucrative Business Ideas You Can Start in Ghana (2021), Top 15 Vocational Skills & Training to Acquire in Ghana (2021), 11 Ways to Make Money Online in Ghana As a Student 2021, 50+ USA Scholarships for Ghanaian Students 2021/2022, GNPC Scholarships Application Form 2020/2021 [UPDATED], Free SHS Tertiary Scholarship Application Form 2020/2021, 20+ Undergraduate Scholarships for Ghanaian Students 2021/2022, Colleges of Education Admission Lists 2020/2021 – Daily Updates, (NEW) WAEC Timetable 2020 for (Nov/Dec) Private Candidates, (NEW) WAEC BECE Timetable For September 2020, 100+ UK Scholarships for Ghanaian Students 2020/2021, Ghana Universities 2020/2021 Admission List – Daily Update, Ghanaian University Ranking 2020 – Top Universities in Ghana, 20+ Canada Scholarships for Ghanaian Students 2021/2022, 50+ Foreign Government Scholarships 2021/2022 for Ghanaians, Returns of Particulars of the company limited by shares registration form – Form, Regulations of a Private company limited by shares, Personal details of directors, secretary and shareholders (nationality, date of birth, occupation, residential address). If you want to start a company/business in Ghana, the first steps include conducting market research, writing a business plan, sourcing for business finances, picking a business location, choosing a business structure, and choosing a business name. For foreign-owned companies, the required capital varies. Business registration in Ghana has been made quite easy following the automation at the Registrar General’s Department (RGD). Get a Tax Identification Number (TIN) –. The Department’s mission is to ensure efficient and effective administration of entities inter-alia 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 joint venture between foreigner and Ghanaian – US $ 200,000, Trading enterprise (whether jointly owned or 100% foreign owned) – US $ 1,000,000. Notify me of follow-up comments by email. The following information is required to complete the incorporation forms. Fill your details in the form and submit it to either income tax and VAT office or the registrar general department offices. Domain registration in Ghana, just like other countries takes less than 5 minutes to complete. There are two main statutory fees to be paid at the Registrar General’s Department during company registration; these are Stamp duty, Incorporation and filing fees. Business Registration Step 1: Business Registration at Registrar General's Department (RGD). With regards to TIN numbers for corporate organizations, the situation becomes necessary when the shares of the company being registered are held by a corporate entity. (adsbygoogle = window.adsbygoogle || []).push({}); –> Stamp duty. Initially, you will have to buy the limited liability forms. Register a Firm in Ghana: The get a business up and running with a license in Ghana, you would first have to fully register the business entity at the Registrar General’s Department (RGD). Opposite, Novotel, Accra (Now Assembly Press) Submit duly completed forms at the RGD together with the following: Either. You can get your website running within the shortest possible time. At least one of the company directors or secretary must be resident in Ghana. After the oath swearing, the registrar of companies would register your company with the Ghanaian internal revenue services. Here is the step by step guide on how to fully register a company in Ghana with ease this year 2019. Business registration is the first formal step in starting a business in Ghana. 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. 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