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The Companies Act, 2019 ( ACT 992)

Section 125: (1)  A  company  shall,
 
(a)   paint or affix, and keep painted or affixed, the name  of the company   on the  outside  of the  registered   office  and  of every office or place in which the business of the company is carried  on,  in a conspicuous  position  in letters that  are easily legible;
 
(b)  where the company  has a common  seal, have the name  of the company  engraved in legible characters on the seal; and
 
(c)   have  the  name  of  the company  accurately  mentioned   in
 legible characters  at the head of the business letter, invoices, receipts, notices,  or any other publication  of the company and in the negotiable instruments  or orders for money, goods or services purporting   to be signed or endorsed  by or on behalf  of the company.
 
(2) Where  a company  defaults  in complying  with subsection  (1), the company  and each officer of the company  that  is in default  is liable to pay to the Registrar,  an  administrative  penalty  of  two hundred  and fifty  penalty  units.
 
(3) Where  an officer of the company  or a person  purporting  to act on behalf of the company  uses or authorises  the use of a seal purporting to be  a seal  of  the  company   on which  the  name  is not  engraved  as required  by subsection  (1),  that  officer commits  an offence and is liable on summary  conviction to a fine of not less than one hundred  and twenty- five penalty  units and not more than two hundred  and fifty  penalty  units.
 
(4) Where  an officer of the company  or any other person signs or endorses  or authorises  the signing or endorsement  on behalf of the company of a negotiable  instrument  or order for money, goods or services in which  the name  of the company  is not accurately  mentioned  in accor- dance  with  paragraph   (c) of subsection   (1),  that  officer  or person   is personally  liable to discharge  the obligation  thereby  incurred  unless the obligation  is duly discharged by the company  or otherwise, but without limiting  a right  of  indemnity   which  that  person  may  have  against  the company  or any other  person.
 
(5) The  use of the following abbreviations:
 
(a)   "Ltd"  stands  for "Limited",
 
(b)   "PLC"  stands  for "Public Limited  Company",
 
(c)   "LBG"  stands  for "Limited  by Guarantee",
 
(d)   "PRUC"  stands  for "Private  Unlimited  Company",   or
 
(e)   "PUC"  stands for "Public  Unlimited  Company"
 
is not a breach  of this section.

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
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Responsible Institution
Online System

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Fees/ charges

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