Company Limited by Shares-Trading
Company Limited by Shares-Trading
$ 10,450
Get your corporate business registered as a Company Limited by Shares, recommended for corporate businesses and partnerships
This Total One-Time Cost Include:
Professional Fees
Government Fees
Package Includes
Company Name Search
Taxpayer ID Number (TIN) for all directors and shareholders
Auditor Consent Letter
Incorporation Fee - $60
Stamp Duty -$10,000
Free 20 minutes registration consulting
What's Included in Our Package
An all-in-one suit that gets your business registered in a timely and professional manner!
| Ownership Structure | 100% foreign ownership |
|---|---|
| Nature of Business | Trading (Import of finished goods to sell) |
| Minimum Paid up Equity / Stated Capital/ Subscription | USD 1,000,000 |
Company Name Search
Taxpayer ID Number (TIN) for all directors and shareholders
Auditor Consent Letter
Temporary Office Address
Temporary Postal Address
Local Telephone Number
Incorporation Fee - $60
Stamp Duty - $10,000
Taxpayer ID Number (TIN) for the company
Incorporation Certificate, Form 3 and Company Constitution
Auditor's Consent for bank account opening
Corporate Bank account opening
Free 20 minutes registration consulting
10% discount on all follow-up services
Company Limited by Shares FAQs
- Petty Trading, Hawking Or Selling From A Kiosk At Any Place
- Taxi Service And Car Hire Service (A Non -Ghanaian May Undertake This Service Provided He Has A Minimum Fleet Of Ten Vehicles)
- Pool Betting Business And Lotteries, Except Football Pools
- Beauty Saloon And Barber Shops
- Name Of Company
- Nature Of Business
- Stated Capital
- Residential And Postal Address Of The Business
- Email Address And Telephone Numbers
- Particulars Of The Shareholders, Directors, Secretary And Auditor
- Tax Identification Numbers (TIN) Of Shareholders, Directors, Secretary, And Auditor
- Ghana Card, Mother’s Maiden Name And A Passport Copy (Where The Above Does Not Have A TIN)
Notarized Copy Of The Residential Address Of The Directors, Shareholders, Secretary
The Type Of Business Entity A Foreigner Should Incorporate Is Dependent On The Following Factors;
- Nature Of Business
- The Nationalities Of Shareholders As Well As The Shareholding Structure. This Information Determines The Most Suitable Company The Foreigner Can Opt For.
Kindly Note That Only Ghanaians Can Incorporate A Sole Proprietorship Business.
There Are Two Major Costs When Registering A Company Limited By Shares In Ghana.
- Incorporation Fee – The Official Incorporation And Filing Fees Is Ghs 330
- Stamp Duty – The Stamp Duty Fee Is Dependent On Your Stated Capital. The Stamp Duty Is 0.5% Of The Total Amount Of Stated Capital. As A Foreigner The Stated Capital Is Dependent On The Type Of Entity, Your Nature Of Business Activity And The Nationality Of The Shareholders. For Ghanaians, The Minimum Stated Capital That Can Be Used For Incorporation Is Ghs 500
It Takes Averagely 2-3 Weeks For Registration
After Your Company Has Been Incorporated, There Are General Compliances And Regulatory Or Sectoral Compliances That Needs To Be Met. The Other Compliance You Will Need After Incorporating Your Business Will Be Dependent On:
- Nationalities Of The Shareholders
- Nature Of Business Of The Company
However, There Are General Compliances A Company Needs To Adhere To Right After Incorporation, Irrespective Of The Nature Of Business And Nationality Of The Shareholders. They Are;
- Registration With The Municipal Authority For Business Operating Permit
- Registration With Ghana Revenue Authority For Tax
- Social Security And National Insurance Trust For Employee Pension Contributions
- Certificate Of Incorporation
- Form 3
- Beneficial Ownership Profil
- eConstitution
| Sole Proprietor | Co. Ltd by Shares/ Limited Liability | Limited by guarantee | External Company |
| No Stated Capital required | Requires stated capital | No stated capital required | Must have the Parent Company legally incorporated in the foreign country. |
| Requires only one person who is the proprietor
Neither secretary nor Auditor is required | Requires at least two directors, Shareholder(s) and a company secretary | Requires at least two executive council members, subscriber(s) and a company secretary | Requires only a local Manager only
Must have the Parent Company registration documents notarized in the country of incorporation A notarized power of attorney for the local manager is required. |
| Must renew the registration every year | Must file annual returns 18 months from the date of incorporation | Must file annual returns 18 months from the date of incorporation | Must file annual renewal yearly |
| No stated capital requirements | Require minimum equity when there is foreign participation. For 100% Ghanaian owned companies, the minimum stated capital is GHs 500 | Minimum consideration for subscribers is GHs 500 | No stated capital requirement. However, for GIPC registration purposes, the company needs to meet a minimum capital requirement of USD 500,000 |
| Sole proprietorships are taxed on the graduated income tax scheme | Subject to a corporate tax of 25% on profits and income taxes on the salaries of all employees | Not subject to corporate tax but income taxes on the salaries of all employees must be paid | Not subject to corporate tax but income taxes on the salaries of all employees must be paid |
To Ascertain Which Business Entity Is Right For You, You Must Consider The Following;
- Nature Of Business Activity You Intend To Carry Out In Ghana.
- The Initial Stated Capital
- The Nationality Of The Shareholders
Connect with us and let’s help you build your business in Ghana today!