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 Structure100% foreign ownership
Nature of BusinessTrading (Import of finished goods to sell)
Minimum Paid up Equity / Stated Capital/ SubscriptionUSD 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

Temporary Postal Address

Stamp Duty - $5,000

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 ProprietorCo. Ltd by Shares/ Limited LiabilityLimited by guaranteeExternal Company
No Stated Capital requiredRequires stated capitalNo stated capital requiredMust 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 secretaryRequires at least two executive council members, subscriber(s) and a company secretaryRequires 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 yearMust file annual returns 18 months from the date of incorporationMust file annual returns 18 months from the date of incorporationMust file annual renewal yearly
No stated capital requirementsRequire minimum equity when there is foreign participation. For 100% Ghanaian owned companies, the minimum stated capital is GHs 500Minimum consideration for subscribers is GHs 500No 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 schemeSubject to a corporate tax of 25% on profits and income taxes on the salaries of all employeesNot subject to corporate tax but income taxes on the salaries of all employees must be paidNot 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!

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