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The Office of the Registrar of Companies (ORC) informs all Company Officials, Business Owners and the general public that there have been changes in the Fees and Charges on all transactions, including the Incorporation and Registration of Businesses, Amendments and the filing of Annual Returns effective 1st January, 2023. 

In a statement signed by Jemima Mamaa Oware, Rigistrar of Companies, this is in accordance with the Fees and Charges (Miscellaneous Provisions) Act, 2022 Act 1080 as passed by Parliament.

The changes in Fees and Charges would apply to the registration and amendment of Business Names, Subsidiary Business Names, Partnerships, External Companies, Professional Bodies as well as the Incorporation of Companies Limited/ Unlimited by Shares and Companies Limited by Guarantee.

"From the 1st of June, 2023, the ORC would, for the very first time be fully implementing section 126(7) of the Companies Act, 2019 (Act 992) which states that ‘where a Company defaults in complying with the filing of Annual Returns and Financial Statements, the Company and every officer of the company that is in default is liable to pay to the Registrar an Administrative Penalty of Twenty-Five penalty units for each day during which the default continues’," she further stated.

The ORC from June 2023 is also going to fully enforce the penalty for failure to comply with the statutory provision on Annual Renewal of Partnerships registration.

From this year, failure to renew a Business Name (Sole Proprietorship)/Subsidiary Business Name for a period of 3 months after the year has ended would lead to the Lapse of the Business Name/Subsidiary Business Name.  

To avoid such Business Names falling into the public domain and for anyone of interest to use it after it has been struck off the Business Names Register, Business Name owners can electronically renew their Businesses by dialing the Unstructured Supplementary Service Data (USSD) Code *222# and follow the prompt to make payment with their Mobile Money wallet on the Ghana.Gov payment platform.

The ORC would also be introducing expedited/express services this year.  This is to ensure that patrons of the services get their documents within forty-eight (48) hours.

The expedited/express services would be available at the Head Office in Accra and some Regional Offices when it commences after the first half of this year.

The ORC wishes to remind its cherished clients that payments on transactions are only to be made at its in-house Fidelity Bank or any other Fidelity Bank Branch.

The Office of the Registrar of Companies (ORC) does not operate a Mobile Money Account or authorize same on its behalf. Under no circumstance should ORC clients transfer money to any Mobile Money Number in the name of the Office, Staff or a Lawyer.