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The Companies Act, 2019 ( ACT 992)

Section 305:  (1) Except  as provided   in section   306,  where  the  invitation   invites the   public   to  acquire    shares   or  debentures     of  a  public   company,    the prospectus      referred   to  in  section   304  shall  state  the  matters   specified   in Part  One  of  the  Tenth  Schedule   and  set out  the  reports   specified   in Part Two  of  that  Schedule.

(2)  Subsection   (1) shall  not  apply  to,
(a)   an invitation    by  a company    in respect   of  shares   or  deben- tures  of that  company    or  any  of the  associated    companies made  solely to the existing  shareholders   or debenture   holders of  that  company;    or
(b)   an  invitation    by a company    in respect   of  shares   or  debentures   of  that   company    which   are  in  all  respects    uniform with   shares    or  debentures     of  that   company     previously issued  and  for the  time  being  dealt  in on  an approved   stock exchange.

(3) A prospectus  relating to an invitation  to the public to acquire or dispose  of  shares  or debentures   of  a public  company,   which  is an invitation  not falling within  subsection (1) because  it does not  invite the public to acquire  shares or debentures,  or because it is excluded from the ambit  of that  subsection  by virtue  of subsection  (2) need  not  state  the matters  or set out the reports  specified in the Tenth Schedule.

(4) The prospectus  referred to in subsection  (3) shall not contain an untrue  statement  and,  if the shares or debentures  to which  the pro- spectus relate are dealt in on a stock exchange, whether  in the Republic or elsewhere,  or if an application   has been,  or is being  made  to a stock exchange   for  permission    to  deal  in those  shares   or  debentures   the prospectus,  shall
(a)   state that the shares or debentures  are dealt in on that stock exchange  or that application  has been or is to be made  for permission   to deal  in those  shares  or debentures  on that stock exchange;
(b)   state  whether  or not  that  stock  exchange  is an approved stock exchange  within the meaning  of this Act; and
(c)   contain  the  particulars  and  information   required  by that stock exchange;  and in any other  case  shall state  that  the shares or debentures  are not dealt in on a stock exchange.

(5) An  invitation  falling within
(a)   subsection  (1) is in this Act described  as a general  invitation;  and
(b)   subsection (3) is in this Act described  as a restricted invitation.

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

Not Avaiable