Office of the Registrar of Companies Archives

02 May

Office Of The Registrar Of Companies Raises Penalty For Late Annual Returns

wontumionlineBusinessOffice of the Registrar of Companies

The Office of the Registrar of Companies (ORC) in Ghana has announced an increase in penalties for late filing or non-filing of annual returns, raising the fee from GHC650 to GHC1,000 effective May 1. The decision aims to dissuade companies from failing to submit their annual returns promptly, as mandated by the Companies Act, 2019 (Act 992). This move comes after the ORC publicly highlighted defaulting companies through various media outlets and its official website. According to Section 126 of the Companies Act, every company must file its Annual Returns at least once a year or within thirteen months of…

ORC Extends Deadline For Filing Annual Returns And Renewals To September 30

wontumionlineBusinessJemima Oware, Office of the Registrar of Companies

The Office of the Registrar of Companies (ORC) has extended the grace period for the filing of annual returns and renewals to September 30, 2023. The new extension, according to the ORC is to enable companies and businesses in default to complete the processes for filing their Annual Returns and Renewals which they invariably could not complete due to the downtime experienced by a software application system throughout the period. A statement issued by and signed by Registrar of Companies, Jemima Oware noted the deadline extension applies to Business Names, Companies Limited by Shares, Companies Limited by Guarantee (Churches, Schools,…

ORC To Strike Out Names Of 2,812 Churches, CSOs For Not Filing Annual Returns

wontumionlineBusiness, NewsMrs Jemima Mamaa Oware, Office of the Registrar of Companies, ORC

The Office of the Registrar of Companies (ORC) has notified all officials and leaders of Churches, Associations, Fun Clubs, Unions, Schools, and Civil Society Organizations(CSOs) that, by the end of June 2023, it will begin the process of validating and striking off 2,812 of these entities in default for failing to file their Annual Returns together with their Financial Statements for more than five years. A statement signed by Mrs Jemima Mamaa Oware, Registrar Of Companies said the “exercise will also affect Charity Organizations, Foundations, Non-Governmental Organizations (NGOs) including Foreign NGO’s, and entities incorporated under Companies Limited by Guarantee. All…