Private Company Limited by Shares to Public Company Limited by Guarantee
This is a process where a Private Company Limited by Shares converts to Public Company Limited by Guarantee.
Procedure for registration
- Pay Annual Returns for the Private Company Limited by Shares. up to date at our in-house bank or Ghana.gov payment platform online
- 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 Public Limited Liability Forms (Form 3E) from the in-house bank or download online
- Complete and sign forms
- Attach a written resolution from members forfeiting their shares, Statutory Declaration from all Directors and Secretary and Registered Constitution in conformity with section 9 of ACT 992
- Attach Special Resolution for Conversion
- Attach a consent letter from a qualified and licensed chartered 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.)
- The Statutory Declaration Forms must be witnessed by the Commissioner for Oaths/Notary Public/Self-Declared
- A minimum of two directors are required. Each must submit a Statutory Declaration & Consent Letter with the registration Form. The Secretary must also submit a consent letter
- Submit completed forms at the Company Registration Counter for Verification and Capturing or submit application Online
- Pay Incorporation and filing fee of GHs 700 at the in-house bank or Online via ghana.gov.gh payment platform
- 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 Registered Constitution of the Company
- Certified Copy(CTC) of Form 3E
- BO Profiles
- The prospectus or statement in lieu of prospectus must be submitted by the company within 28 days after incorporation( The prospectus - is a comprehensive document by the company inviting the public to acquire shares . This document must be approved by the Securities and Exchange Commission before submitting to the ORC )
- Mandatory Filing of Annual Returns at a fee of GHs90 together with a financial statement after 18 months of incorporation and subsequently every year.