Office of the Registrar of Companies takes business registration education to industries

The Office of the Registrar of Companies (ORC) as part of its efforts to enhance business compliance and awareness has embarked on nationwide educate and sensitise business industries on the need to register their businesses and file annual returns.

The exercise started at the North Kaneshie industrial area, Graphic Road and STC enclave in the Greater Accra region.

The Office of the Registrar of Companies is an autonomous public institution mandated to register and regulate all business entities in Ghana and was established by an Act of Parliament under section 351 of the Companies Act, 2019 (Act 992).

Speaking to the media after the exercise, the Assistant Chief Companies Inspector, Mr.Richard Nana Yeboah expressed the concern that many people did not know about the need to register their businesses or even file their annual returns.

He, however said the initiative by the ORC reflects a concerted effort to promote business legitimacy and compliance within the Ghanaian entrepreneurial landscape.

He said during the exercise, the team observed that many business owners who had registered their businesses failed to display their business registration certificates in their shops.

He explained that, business certificates are not to be hidden from the public, hence encouraging business owners to display their certificates in their shops.

He further encouraged business owners to file their annual returns, explaining that many people had lost huge contracts due to lack of business registration documents.

He said the ORC had opened its new prestige office where business owners could get their business registration done within some few hours.