Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
ORC orders firms to file returns by April 30 or face penalties
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Queen, post: 87596, member: 27"] A hard April 30 deadline is breathing down the necks of every registered business in Ghana, and the penalties for ignoring it are no joke. ORC's annual returns deadline explained [LIST] [*]The Office of the Registrar of Companies is mandating filings or business name renewals by April 30. [*]Business owners, company directors, secretaries, and incorporated partnership members all fall under this directive. [*]Section 126(1) of the Companies Act, 2019 (Act 992) is the legal muscle backing the whole exercise. [*]Businesses skipping their annual returns alongside financial statements get flagged as non-compliant immediately. [/LIST] Penalty breakdown for late filers [LIST] [*]Companies sitting on five or more years of defaults owe GH¢2,000 on top of standard filing fees. [*]A one-to-four-year default window carries a GH¢1,000 penalty instead. [*]Persistent non-compliance puts a company at risk of getting struck off the Companies Register entirely. [*]Operating after a strike-off becomes outright unlawful under Ghanaian corporate law. [/LIST] What companies actually need to file [LIST] [*]Annual returns must go in within 18 months of incorporation, then every year after that. [*]Filed details must cover the company address, directors, shareholders, capital structure, and financial statements. [*]Business names left unrenewed will lapse and face removal from the register. [/LIST] [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
ORC orders firms to file returns by April 30 or face penalties
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top