bg_image

The Companies Act, 2019 ( ACT 992)

Section 21: (1)  The  last  words  of the  name   of a
 
(a)  private    company     limited    by  shares    shall   be    "Limited Company"  or  the  abbreviation    "LTD";

(b)   public  company   limited  by shares  shall  be  "Public   Limited Company" or the  abbreviation    "PLC";
 
(c)   company      limited    by  guarantee      shall    be  "Limited     by Guarantee"     or  the  abbreviation    "LBG";   and
 
(d)   private   company    unlimited   by shares  shall  be "Private Unlimited Company"    or  the  abbreviation    'PRUC'
 
(e)   public    company     unlimited     by   shares    shall   be  "Public Unlimited    Company"    or  the  abbreviation     "PUC".
 
(2)  A company    shall not be registered   by a  name   which,   in the opinion   of  the  Registrar,   is misleading    or  undesirable.
 
(3)  A company    shall not be registered   with a name of a company that has  been  dissolved   within   the  preceding    five years  of  the  intended registration
 
(4)  A company   may in writing   change   its name  by special  resolution  and  with  the  written   approval   of  the  Registrar.
 
(5) Where, through  inadvertence  or otherwise, a company  on first registration  or on registration  by a new  name  is registered  by a name which,  in the opinion  of the Registrar, is misleading  or undesirable,  the company  shall change  the name  of the company  with the approval  of the Registrar.
 
(6)  Where   the  Registrar   so  directs  within   six  months   of the company  being registered  by that  name,  the company  shall change  the name  within  a period  of six weeks from the date of the direction.
 
(7) Where the Registrar is of the opinion that by reason of a change in the objects of, or the nature  of the business carried  on by a company, the name  under which the company  is registered  is misleading  or undesirable, the Registrar  may direct  the company  to change  the name  and the company  shall change  that  name  within  six weeks of the direction, unless within  that time the company  has lodged an appeal to the Court against  the direction.
 
(8) The  Court  shall  cancel  or confirm  the  direction   and  if the direction  is confirmed,  the company  shall change  the name  within  six weeks of the confirmation.
 
(9) Where a company defaults in complying with a direction   under subsection   (6), (7), or (8) the Registrar  shall  change  the  name  of the company  in the Register.
 
(10) Where  a company   defaults  in complying  with  a direction under subsection (5), (6), (7) or (8), the company  and any of the directors of the company  that are cognisant  of the default  are liable to pay to the Registrar,  an administrative  penalty  of  twenty-five penalty  units  and  a further penalty of fifty penalty units for each day that the default continues.
 
(11) Where  a company  changes  the name  of the company  under this section, the Registrar shall record the new name in place of the former name,  and  shall  issue  a certificate  of  incorporation   that  indicates  the change of name.
 
(12)  Pursuant  to subsection  (11), the Registrar  shall advertise the change in the Companies Bulletin,  the website of the Office of the Registrar of Companies   and  in one  daily  newspaper  published  in the  Republic and circulating in the district in which the registered office of the company is situated.
 
(13)  A certificate  or an advertisement   in the  Companies  Bulletin under  this  section  is conclusive  evidence  of the change  to which  the change  of name  relates.
 
(14)  A change of name by a company shall not affect the rights or obligations  of the company  or render  defective legal proceedings  by or against the company, and legal proceedings that might have been continued or commenced   against  the  company  under  the  former  name  may  be continued  or commenced  against the company  under the new name.
 
(15) A company  limited by shares existing at the commencement of this Act has six months  within  which  to comply with paragraphs  (b) and  (c) of subsection (1).



Subject : Registration of Business  

Procedure to Follow


1. Applicant may purchase a set of Limited Liability Forms from the in-house bank or via download 
2. Provide Consent letter from certified auditor by the Institute of Chartered Auditors and must be registered as a Sole Proprietor/Partnership 
3. Form 3 must be witnessed by Commissioner for Oaths/Notary Public/Self-Declared
4. A minimum of two directors is required. Each must submit Statutory Declaration & Consent Letter with the registion Form
5. Submit filled forms at the Company Registration Counter for Verification and Capturing or via Online
6. 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 Registrar Examines, Approves & Issues : Certificate of Incorporation Certified Copy(CTC) of Standard/Registered Constitution of the Company Certified Copy(CTC) of Form 3 File Annual Returns at Fifty Ghanaian Cedi(GHS 50) together with Audited Account
...
Responsible Institution
Online System

Link Unavailable

Fees/ charges

Not Avaiable