The Attorney-General and Minister of Justice, Godfred Yeboah Dame, says it is imperative for the ORC to have permanent offices around the country, stressing that the agency needed to be “firmly established in every region and district of Ghana”.
The Office of the Registrar of Companies (ORC) has the capacity to be an impressive organ in the space of good governance and anti-corruption fight when successfully tackled, as per the AG.
When Mr. Yeboah Dame unveiled the first office complex of the state agency in Kumasi on Monday, July 17, he made these remarks.
The Ashanti Region as well as a portion of the Western, Oti, and Eastern regions will be served by the office complex.
It has 34 offices, two conference halls, four kitchenettes, 21 lavatories, two big car parks leaves, a janitor’s office, storage space, canteen and a security post.
The Companies Act of 2019 (Act 992), which was passed in May, made provision for the establishment of the ORC, a new statutory body that is distinct from the Registrar-General’s Department (RGD).
Business entity registration, administration, and regulation are performed by the ORC.
At a cost of GH8 million, the three-story facility was financed with RGD and ORC funds that had been generated internally.
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Mr Yeboah Woman said it was noteworthy that soon after long periods of presence, the ORC had gained unmistakable headway, including a procurement of a two-section of land real estate parcel in Accra for $3.5 million for the development of its central command.
He stated that plans for the headquarters’ architectural drawings were being considered, and that the project would hopefully begin in September of this year.
Jemima Mamaa Oware, a deputy minister of finance, also noted that efforts are being made to acquire and install new software for the ORC in order to migrate its operations.
This would make it possible to access services and make payments without the involvement of middlemen, also known as “goro boys.”
The Local Head of ORC, Nana Ama Akyiaa Prempeh, said starting from the origin of the ORC in 2019, there had been an addition of 39.4 percent in business registrations and 32.7 percent in organization enlistment in the area.
“The relocation of the office from a hitherto obscure place at Dadiesoaba to the centre of the business district of the metropolis has led to the increase in patronage because of easy accessibility,” she explained.
