Office of Registrar of Companies Archives

05 Jun

Over 500,000 Businesses To Be Struck Off ORC Register By June 30

wontumionlineBusinessOffice of Registrar of Companies

Effective 30th June 2024, over 500, 000 public and private business names and companies will be struck out of the register of the Office of the Registrar of Companies (ORC). This follows the failure of the entities to file their annual returns in order to be in good standing. The list is made up of over 8,000 companies and over 500,000 business names. According to the ORC in a press release issued on Monday, June 3, the affected firms have been served with notices and reminders through various sensitisation programmes and multiple publications for the past two years. Initially, the…

19 Jul

Government To Support ORC To Acquire Offices In All Regions

wontumionlineBusinessJemima Oware, Office of Registrar of Companies

The government will provide all the needed support to the Office of Registrar of Companies (ORC) to acquire permanent offices in all the regions of the country. This is to help improve service delivery and ease of doing business in Ghana. Godfred Dame, Minister for Justice and Attorney General, who stated this, said ORC needed to be firmly established in every region and district of Ghana to help promote business development at all levels. He was speaking at the launching of the Office of Registrar of Companies and the inauguration of a new office complex for the ORC in Kumasi.…

08 Mar

We’ll Strike Off Over 500,000 Businesses From Register – Office Of Registrar Of Companies Warns Again

wontumionlineBusinessJemima Oware, Office of Registrar of Companies, UK Ghana Chamber of Commerce

The Office of Registrar of Companies has reiterated its position to strike off businesses from the register that have not renewed their certificates or filed their annual returns since incorporation. More than 500,000 companies are expected to be affected by this directive. Speaking at a programme organised by the UK Ghana Chamber of Commerce, the Registrar of Companies, Jemima Oware, urged the recalcitrant firms to renew their certificates to avoid the removal of their names from the companies’ registrar. “You need to file all your annual returns and financial position is mandatory 18 months after incorporation and then yearly thereafter.…

07 Mar

Office Of Registrar Of Companies Worried Of Several Unclaimed Dividends

wontumionlineBusinessJemima Oware, Office of Registrar of Companies, unclaimed dividend

The Office of the Registrar of Companies has expressed worry about the several unclaimed dividends by shareholders. It is therefore making moves to ensure companies with unclaimed dividends transfer the funds to the office. This is to discourage the firms from borrowing the unclaimed dividends. The Registrar of Companies, Jemima Oware, speaking at a programme organised by the UK Ghana Chamber of Commerce said her outfit has opened an interest bearing account in both cedis and dollars to manage these dividends. “There are quite a number of companies that have actually dividends. The committee of experts saw that instead of…