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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