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The Companies Act, 2019 ( ACT 992)

Section 296:  (1) Where  a company  allots or agrees to alJot any of the shares or debentures  of the company  to a person with a view to the public being invited to acquire  any of those shares or debentures,  for the purposes  of this Act, an invitation  so made is an invitation to the public made by the company  as well as by the person actually making  the invitation.

(2)  A person  who acquires  any  of the shares  or debentures  in response  to the  invitation  under  subsection  (1) is an allottee  from the company  of those shares or debentures.

(3)  For the purposes  of subsection (1), where
(a)  an invitation  to the public is made  in respect of shares or debentures  within six months  after the allotment  or agree- ment to allot, or
(b)   at the date when the invitation to the public was made, the whole consideration to be received by the company in respect of the shares or debentures  had not been so received, it shall be assumed,  unless the contrary  is proven,  that the allotment  or agreement  to allot was made by the company  with a view to an invita- tion to the public being made in respect of those shares or debentures.

(4)  This  section  applies  to an invitation  to the public made  in respect of shares or debentures of external and non-Ghanaian  companies.

 

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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