The Office of the Registrar of Companies (ORC) has directed all companies to file their annual returns by June 30, 2025, or risk being deleted from the official register.

This directive is in accordance with Section 126(1) of the Companies Act, 2019 (Act 992) and the Business Name Act, 1962 (Act 151).

It marks the first official directive issued under the tenure of the new Acting Registrar, Maame Samma Peprah.

According to her, companies that fail to attach financial statements or comply with the directive may face a penalty of GH¢1,000.

In addition, business names that are not renewed will be considered lapsed, allowing the Registrar to reassign them to other individuals or entities.

The Registrar emphasised that the goal is to promote transparency and strengthen regulatory compliance within Ghana’s business environment.

Companies are required to file their annual returns within 18 months of incorporation and annually thereafter.

These returns must include up-to-date information such as company directors, shareholders, and financial statements. This helps determine the financial and operational status of a business.

SP/MA

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