How To Register A Company In Ghana As A Foreigner

09 Jun, 2021

Company limited by guarantee There is no share capital and no directors for this type of company. Business registration is the first formal step in starting a business in Ghana.

Private Limited Company Registration Ghana For Foreigners

To enable a company for obtaining the certificate to commence business The Commissioner for Oaths located in the Registrar Generals Department usually swears the oath within a day and the Registrar of Companies automatically registers new companies with the IRS.

How to register a company in ghana as a foreigner. Pay two hundred and thirty Ghanaian Cedi GHS 230 for Incorporation or via Online. The management of the company is done by a Board of Directors. Initially you will have to buy the limited liability forms.

Register a Firm in Ghana. The get a business up and running with a license in Ghana you would first have to fully register the business entity at the Registrar Generals Department RGD. External company An external company is a company formed outside of Ghana and seeks to register a place of business.

To register first acquire the necessary forms and fill them. Also Filing fee of Fifty Ghanaian Cedi GHS 50 and 05 stamp duty on stated capital at the in-house bank or via Online. The company is mandated to register with GRA for purposes of tax payments.

For the Ghanaian the paid up capital is 10000 to be a partner of the company which is in foreign ownership. Business registration is just proof of ownership of a business. The Registrar Generals Department of Ghana RGD provides sundry services including business registration marriage.

Registrar Examines Approves Issues. Fill in Taxpayer Identification Number TIN registration for all company directors secretary. Foreign Company registration Ghana.

Next submit the forms. To register a branch office for a foreign company has some requirement cost. Investors regardless the citizen of Ghana or outsiders can set up a company in Ghana according to the Law and Regulation of Companies Code Act 179 Partnership Act 192 and the Business Name Act 151.

To open a branch office the company needs to pay at list 50000 which can be up to 300000 according to the business. This article will walk you through the necessary steps needed to complete this. The in-house bank sells them at GH 10 cedis.

The process of a limited liability company registration in Ghana is a fast process taking only 3 days to complete. Employers must register their employees with the SSNIT and pay their contributions. Next you have to deliver a declaration form and a letter of consent to the Registry.

The company must as well register with the Ghana Revenue Authority for the issuance of tax identification number TIN for its members if they dont have them already. - According to the Companies Act 179 all companies are required to have at least two initial directors and a secretary during the company registration process. The Departments mission is to ensure efficient and effective administration of entities inter-alia the registration of Businesses Industrial Property Marriages Administration of Estates and Public Trust provide friendly services and accurate data for national and economic development.

How to Register a Firm in Ghana Successfully 2020 Ultimate Guide. At least one of the company directors or secretary must be resident in Ghana. This is the most common type of business structure this is how to register a company in Ghana.

The next step to registering a company in Ghana is to register with the Social Security and National Insurance Trust SSNIT. It is mainly formed for a non-profit organization. The can be gotten at any Ghana Revenue Authority or the Registrar Generals Department RGD with a copy of your national identification card.

On registration the company shall be issued with a tax clearance certificate. In order to do business in Ghana you will need to apply for licenses and permits for the necessary businesses you are registered for and your location of operation. Foreign investors can set up the company individually or through joint venture with an individual or company in Ghana and they have to pay US 10000 to the authority.

An important aspect of business registration in Ghana is obtaining the Taxpayer Identification Number TIN for the companys directors secretary and shareholders. As a going concern every business has to file its annual returns and may also file other statutory forms and resolutions from time to time as the business grows and changes occur. If the company is 100 foreign ownership.

Obtain the Incorporation Certificate.

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