Registrar-General’s Department Gives A Final Deadline To These Companies

The Registrar-General’s Department (RGD) has delisted 2,788 organizations from its companies register for failing to files their yearly returns with the Department.

In a statement, “it said these defaulted organizations failed to comply to the order givem by the Department to file their annual returns or risk being delisted from the organizations register.”

Names of these organizations which were earlier published on the Department’s site and in the national dailies were part of the first clump of over 100,000 defaulted and lethargic organizations the Department had listed to struck off the organizations register as a component of its tidy up exercise.

These organizations include Companies Limited by Share: 1,374; Companies Limited by Guarantee (Churches, Fun Clubs, Associations, Union, Schools and so forth): 978; External Companies: 41 and Others (Voluntarily claimed up Companies for delisting): 395.

This exercise was done as per Section 289 of the Companies Act 2019 (Act 992) which implies that an organization can be blasted off the organizations register for failing to file its yearly profits from time or ignoring to inform the Registrar of Companies of an adjustment of the organization’s enrolled office and registered principal place of business”.

The Registrar-General’s Department encouraged all defaulting and dormant organizations whether or not in activities, whose names don’t show up on the first batch of delisted organizations to record their yearly returns by June 30th 2022 to try not to be taken out from the organizations register in stage two of the delisting exercise which starts decisively in February 2022.

Moreover, it said organizations and businesses which are yet to do updates of their records with the Department dubbed‘re-registration’ have from 5th January to 31st December, 2022 to update their records with the Department. These over 500,000 Companies Entities and Business Names include those registered between 1960 and 2011.

“Any Company official with knowledge of the company’s non-existence or having no more interest in the Company’s Business Name should write to the Registrar-General indicating such intention or contact the Department Client Service Line on 055-765-3130 or 030-266-6081 to indicate such intent.”

The statement noted that a penalty for late filing of yearly returns will be increased from ¢450.00 to ¢500.00 after June 30th, 2022.

However, fees for filing annual returns and beneficial ownership information remains ¢50.00 and ¢60.00 respectively.

It is beseeching all defaulting Companies to visit its site – www.rgd.gov.gh, and view list of organizations who have been delisted.

See The List Here:

https://rgd.gov.gh/news.html#

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