Entity types, procedures, requirements, costs and timeline. After this process, a Ghanaian company is free to start a business, however, companies that are partly or Different forms of business registration under Ghana laws are listed below: There are five main options available to the entrepreneur in Ghana: 1. The Registrar General’s Department of Ghana (RGD), provides sundry services including business registration, marriage certification, trademarks, patents and administration of wills among others. I acknowledge that I have read and understood the Privacy Policy, and consent to the collection, use and disclosure of my personal data by Healy Consultants Group PLC and/or Healy Consultants Pte. If you've decided a company structure is right for your business, you'll need to register it as a company. We are happy to share with you a list of key services and the applicable charges (updated 2017). There are various forms of business entities that can be registered under the laws of Ghana and it is therefore imperative to choose the right legal structure that best serves your business intentions. Types of companies and entities in Japan. Company registration is done by the Registrar General's Department, but this duty will be transferred to the new Office of the Registrar of Companies under the terms of the Companies Act, 2018. Selecting the right type of company or corporation for your new business helps maximize your chances of financial and operational success. 1. Establishing a company in Ghana Any business that intends to establish in Ghana must first register at the Registrar General’s Department (RGD) to obtain the certificate of incorporation, certificate to commence business and company’s code or regulation. There are several types of vehicle registration plates in Ghana: black print on a white background (for private vehicles), black print on a yellow background (for commercial vehicles), green print on a white background (for agricultural equipment such as tractor) white print on a red background (for diplomats), and white print on a blue background (for motorcycles only). In Ghana, every business must be registered with the Registrar of Companies. Companies can be classified into three types based on whether they are created by a special act, special order, or are registered just like any normal company. Some of this include: 1. cosmetics 2. technology accessories 3. alcohol and alcoholic beverages 4. toiletries 5. jewelry 6. construction materials 7. pharmaceuticals 8. beauty salon 9. herbal medicine 10. chop bar Register your company after you have identified the most beneficial model for you and start making profits. Cost of registering business in Ghana Company Law in Ghana – Recent Developments On 2 August 2019, the President of the Republic of Ghana – Nana Addo Dankwa-Akufo-Addo announced that the long awaited Ghana Companies Act, 2019 had been assented into law. Key Changes / Improvements in the New Companies Act, 2019 more.. New e-Certificate Goes Live more.. e-Registrar Marriage and Estates Modules Go Live in Accra more.. e-Registrar Application Goes Live In … They are expected to show the registered name, the exact business activities and object of trade, the address of the business, and business TIN details. UEN number: 201623711RAddress: 491B River Valley Road #15-01 Valley Point Singapore 248373. Such policies are currently considered as the country is suffering from depreciation of its currency. Sole Proprietorship Re-Registration Form A. Foreigners can either i) form a joint venture with a Ghanaian partner if they invest a minimum of US$10,000 or ii) form a wholly foreign owned company with a minimum investment starting at … Sole proprietorship 2. Company registration is done by the Registrar General's Department, but this duty will be transferred to the new Office of the Registrar of Companies under the terms of the Companies Act, 2018. Company secretary. You can unsubscribe at any time through the footer link in our emails. Step 1: Business Registration at Registrar General's Department (RGD) All enterprises are expected to fill out the relevant Application Forms, which serve as the Company’s Regulations. All companies must have an auditor, who must be a member of the Institute of Chartered Accountants, Ghana (ICAG), but must not be an officer or a server of the company… Consequently, banks abroad are usually reluctant to open corporate bank accounts for Ghanaian companies. Ghana is a unitary presidential constitutional democracy, located along the Gulf of Guinea and Atlantic Ocean, in the subregion of West Africa. Companies Limited by share… Certificate of commencement. Investors must register with the Ghana Free Zones Board (GFZB); There is no stipulated minimum capital required in order to establish a company in the Ghana free zones. Companies planning to operate in the Ghana Export Processing Zone of Tema can be registered directly with the Ghana Free Zone Board, enabling them to benefit from fast track registration procedures; Eligible companies can operate in a wide range of industries, including. Accutest Research Laboratories (India) Private Limited, Address: 491B River Valley Road #15-01 Valley Point Singapore 248373. For Wholly Ghanaian Owned Business (Others), GHC 1050 will be required. 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