Annual returns, renewals, tax and SSNIT: the obligations that come after your certificate.
Registration is the start, not the finish. Keeping up with a few recurring obligations keeps your business in good standing and avoids penalties.
Annual returns (companies)
Every company files an annual return with the ORC confirming its directors, shareholders and other details.
Business name renewal (sole proprietorships and partnerships)
Registered business names are renewed each year to keep trading under the name.
Tax
Your business needs a TIN and an active profile with the Ghana Revenue Authority (GRA) so it can file and pay taxes.
SSNIT
If you employ staff, you must register as an employer with SSNIT and pay monthly contributions.
Good to know: GrayDocket tracks these deadlines for the businesses in your account and reminds you before anything is due.