Best answer: How long does it take to register a business in Ghana?

Registration of business in Ghana is quite easy, however, registration can be delayed if the documents for registration are not valid or not accurate. Registration of business takes a period of 20-30days.

What is the cost of registering a business in Ghana?

Fees

Different Ghana entity types Cost Draft invoice
Tax resident LLC US$18,650 View invoice PDF
PLC US$23,650 View invoice PDF
Branch of a foreign company US$17,300 View invoice PDF
Free zone US$23,650 View invoice PDF

How long does it take to get your company registered?

A company certificate can be registered within three to five days afterward, depending on whether you have submitted your documents on time, and the workload of the registrar’s office.

What is the process of registering a company in Ghana?

  1. Step 1: Company Name search at Registrar General’s Department (RGD) and obtain. …
  2. Step 2: Apply to the Registrar-General’s Department to obtain Incorporation. …
  3. Step 3: Collect Business Registration Certificates. …
  4. Step 4: Register with the Ghana Investment Promotion Centre (GIPC)
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Can I register my business online in Ghana?

Electronic Registration is a 24-hour online service provided by the Registrar-General’s Department (RGD) to facilitate electronic submission of applications for individuals who wish to register their businesses online via the portal.

How do I register a small business in Ghana?

The process for all the other types of business entities in Ghana only vary slightly from the processes outlined below.

  1. Decide on a name. …
  2. Obtain Tax Identification Number for all participants. …
  3. Complete your RGD documents. …
  4. Pay your filing fees and capital duty. …
  5. File at the RGD.

How much does it cost to register a company in Ghana as a foreigner?

The fees involved for this process is Ghanaian Cedi (GHC)25 for the name search, GHC50 for the name reservation, GHC15 for the complete set of forms, GHC230 for the company registration fees and GHC5 for the certificate of regulations of which you must have 3.

What happens after you register a company?

After registration your company must within two months issue each shareholder with a Share certificate. A share certificate is evidence of each shareholder’s title to their shares. Shareholders can use their certificate as evidence if their name is deleted from the company’s internal Register of Members.

What are the documents required for registration of a company?

Documents Required for Company Registration

  • Passport.
  • Election Card or Voter Identity Card.
  • Ration Card.
  • Driving License.
  • Electricity Bill.
  • Telephone Bill.
  • Aadhaar Card.

How do I register a new company?

Four major steps to register a company/ startup in India:

  1. Step 1: Acquire Digital Signature Certificate (DSC)
  2. Step 2: Acquire Director Identification Number (DIN)
  3. Step 3: Create an account on MCA portal- New user registration @ mca.gov.in.
  4. Step 4: Incorporate or Apply for the company to be registered.
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5.09.2019

How much does it cost to register a Ltd company?

It costs £12 and can be paid by debit or credit card or Paypal account. Your company is usually registered within 24 hours. If you do not want to use ‘limited’ in your company name you must register by post.

What business can I start with 500 cedis?

Businesses you can start with GHC 500 or less

  • Social media management. There is no doubt that the internet has become a major source of opportunities these days. …
  • Freelance writing. …
  • Tutoring. …
  • Agriculture. …
  • Development of mobile apps. …
  • Making liquid soap.

3.03.2021

Can a foreigner open a business in Ghana?

While all can be foreigners, one of the directors must be ordinarily resident in Ghana. The minimum paid-up share capital required to complete the incorporation process amounts to US$500,000 for a wholly foreign owned company, but this minimum is increased to US$1,000,000 for a trading company.

Why should I register my business name?

Business name. A registered business name helps customers find, identify and connect with your business.

How do you check if a business is registered in Ghana?

On the RGD portal home page click on “service” tab, the Service page will be displayed, click on “Name search” under the business section. The Service page will be displayed. Enter the “business/entity name “and Select “Search type “and enter the characters displayed in the Captcha box, then click on “search” button.

Hai Afrika!