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The Companies Act, 2019 ( ACT 992)

Section 338:  (1)   Where,  in the case  of an external   company,

(a)   a winding  up order  is made  by a court  of the country  in which  tbe company   is incorporated,    or
(b)   a resolution   is passed  or  other  appropriate   proceedings are taken  in that  country  to lead to the voluntary  winding up of the company,   or
(c)   the  company   is  dissolved   or  otherwise   ceases  to  exist according   to  the  law  of  the  country   in  which   it  was incorporated,

the local manager  or process agent of the company  shall, within  twenty- four bours  after  that  event,  give notice  in the  prescribed  form  of that event to the Registrar who shall register same and publish the particulars contained    in the  notice  in  the  Companies Bulletin,    and  in any  other medium.

(2)  Where   an  event   referred   to   in  paragraph    (a)  or  (b)  of subsection   (1) has  occurred,   the local  manager   of the company  shall, on every  invoice,  order  or business  letter  issued  in the Republic  by or on  behalf  of  the  company,   which  is a document   on  or  in which  the name  of  the company  appears,  indicate  in legible  letters  to the effect that  the company   is being  wound  up in the country  where  it is incorporated.

(3)   Where   a  person   has  served   the  Registrar    with   a  notice   in accordance     with   section   (1),  that   person   shall   cease   to  carry   on  busi- ness  or  purport    to carry   on  business    on behalf   of a company    specified in  subsection    (1).

(4)  A  person    who   in  the   Republic    carries   on,   or  purports    to carryon,     business   on behalf   of the  company    after  the  date  on  which   it was  dissolved    or has  otherwise    ceased   to exist  in the  country    in  which it  was   incorporated,      is liable   to  pay   to  the  Registrar,    an  administra- tive  penalty   of  twenty-five     penalty    units   for  each   day   during    which that  person    continues    so to  do.

(5)  This   section   does   not  derogate    from   the  provisions     of  the Bodies   Corporate    (Official   Liquidations)     Act,   1963  (Act   180)  enabling an  external    company,    whether    or  not   the  external    company    has  been dissolved   or  has  otherwise    ceased   to  exist  according    to  the  law  of  the country   in which   it was  incorporated,     to be wound   up under   that  Act.

(6)  A  liquidator    of  an  external   company    or  a person   exercising the  powers   and  functions   of such  a liquidator    shall
(a)  before   any  distribution     of  the  assets  of  the  external    com- pany  is made,   by advertisement     in a newspaper    circulating generally   in each  country   where  the external   company   had been  carrying   on business   before  the liquidation    and  where no  liquidator    has  been   appointed    for  that  place,   invite   all creditors   to make  their  claims  against  the external   company within   a reasonable    time  before  the  distribution;
(b)   not,  subject  to  the  provisions    of the  Bodies  Corporate    (Official  Liquidations)     Act,   1963  (Act   180),  without    leave  of the Court,  payout    any  creditor  to the exclusion   of any  other creditor;    and
(c)   unless  the  Court   otherwise   directs,  only  recover   and  realise the  assets  of the  external   company   in Ghana   and  shall  sub- ject   to  paragraph    (b) and   to  the  provisions    of  the  Bodies Corporate    (Official   Liquidations     Act)  1963,  (Act   180) pay the  net  amount   so recovered    and  realised   to the  liquidator of that  external   company    for the  place  where   the  external company   was formed  or incorporated    after paying  any debts and   satisfying     any   liabilities    incurred    in  Ghana    by  the external   company.

(7)  Where   an external   company   has been  wound   up so far as the assets of the external  company  in Ghana  are concerned  and there  is no liquidator  for the place  of  the incorporation   or origin of the company, the liquidator  may apply to the Court for directions  as to the disposal of the net amount  recovered  under paragraph  (c) of subsection  (6).

(8) Where  a report has been made by an inspector under this Act regarding  an external  company, the Registrar may apply to the Court for an order  for the  winding-up  of the  affairs of the company  in so far as they relate to the assets of the company  in Ghana.

(9) Where  on an application,  an order  is made  for the affairs of the company  to be wound  up, so far as assets in Ghana  are concerned, the company  shall not  carry on business or establish  or keep a place of business in Ghana  unless the Court directs otherwise.

 

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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