Subsidiary Business Name to Private Limited by Shares

This is a process where a Private Company Limited by Shares acquires and takes over the assets and liabilities of a Subsidiary Business Name 

Procedure

  • Pay Annual Renewals for the Subsidiary 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 download online
  • Complete and sign forms
  • Attach  letter of cancellation from the Parent Company, original Certificate of Registration and Form C 
  • 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.)
  • Statutory Declaration 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 completed forms at the Company Registration Counter for Verification and Capturing or 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 a fee of GHs90 together with a financial statement after 18 months of incorporation and subsequently every year.
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