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2.1. Main Formation Requirements

Key steps to be followed for registering a company are:

  • Determining a unique company name and checking its availability in the Companies Registry
  • Obtaining a Tax Identification Number from the Ghana Revenue Authority (‘GRA’)
  • Submission of incorporation documents, which include information relating to the nature of business, names and details of shareholders and attestation regarding compliance with minimum capital requirements
  • Payment of capital duty and filing fees applicable for company registration
  • Authentication of forms required for obtaining the certificate to commence business
  • Obtaining the certificate of incorporation and certificate to commence business from the Registrar-General Department
  • Opening a corporate bank account in company name and depositing paid-in capital
  • Applying for business licenses