Company limited by shares: what you need

Directors, secretary, shareholders, auditor and the other details Form 3 asks for.

Incorporating a company limited by shares usually takes 5–10 working days once submitted. Under the Companies Act, 2019 (Act 992), the company needs a few people in specific roles.

People

  • At least two directors, at least one resident in Ghana, each with a Ghana Card and TIN
  • A company secretary
  • At least one shareholder, individual or corporate, with their number of shares
  • A licensed auditor and their ICAG licence number
  • The beneficial owner(s), meaning the people who ultimately own or control the company

Company details

  • Proposed name ending in “Limited” or “LTD”
  • The company’s objects (what it will do)
  • Registered office address and digital address
  • Stated capital, plus authorised and issued shares
  • Whether you will adopt the standard constitution or your own

Good to know: Most companies adopt the standard constitution. A custom constitution needs separate drafting.

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