This is a process where an Incorporated Company limited by shares acquires and takes over the assets and liabilities of a Business Name (Sole Proprietor).

Procedure

• Pay Annual Renewals for the business name up to date at our in-house bank or use the USSD code *222# and follow the prompts
• A search for availability of the Entity Name must be conducted (if there is any change in the Existing Name)
• Applicant may purchase a set of Private Limited Liability Forms(Form 3) from the in-house bank or via download
• Complete and sign forms
• Attach  letter of cancellation from the sole proprietor, original Certificate of Registration and Form A and submit at the Company Registration Counter for Verification and Capturing or submit the application Online
• Attach  a consent letter from a qualified  and licensed charted accountant with the institute of chartered Accountants Ghana and  must be registered as a Sole Proprietorship/Partnership(An auditor is eligible to serve for a period of 6 years and shall be rotated after 6 years.)
• Form 3 must be witnessed by the Commissioner for Oaths/Notary Public/Self-Declared
• A minimum of two directors is required. Each must submit a Statutory Declaration & Consent Letter with the registration Form
• Submit filled forms at the Company Registration Counter for Verification and Capturing or via Online
• Pay Incorporation and filing fee of GHs 450 and 1% stamp duty on stated capital at the in-house bank or Online
• VIP service cost of GHs 1000 in addition to the processing fees (optional)
• Registrar Examines, Approves & Issues :
  • Certificate of Incorporation
  • Certified Copy(CTC) of the Standard/Registered Constitution of the Company
  • Certified Copy(CTC) of Form 3
  • BO Profiles
• Mandatory Filing of Annual Returns at GHs 90 together with financial statement