The Registrar-General’s Department (RGD) has struck off 2,788 companies from the companies register for failing to file their annual returns. These companies whose names were earlier published on the Department’s website and in the national dailies were part of the first batch of over 100,000 defaulting and dormant companies the Department had earmarked to strike off the companies register as part of its clean-up exercise.
The categories of affected companies include 1374 companies limited by shares, 978 companies limited by guarantee, 41 external companies and 395 companies in other categories such as those who voluntarily owned up for delisting.
In a press statement signed by the Registrar-General, Mrs. Jemima Oware, the Department said there would be a second phase of the delisting exercise in February this year. The Registrar-General’s Department, therefore, urged all defaulting and dormant companies whether in operation or not, whose names did not appear on the first batch of deleted companies to file their annual returns by June 30th, 2022.
The penalty for late filing of annual returns will also be increased from GHS450.00 to GHS500.00 after June 30, 2022. However, the fees for filing annual returns and beneficial ownership information remain GHS50.00 and GHS60.00 respectively.
Back to Country Updates
Our Banking and Finance Practice
Bank of Ghana (“BOG”) Gives New Directives on Fees and Charges in the Banking Sector