Registration is not the end of the compliance cycle. Business names need annual renewal, and companies must file annual returns after the first return cycle.
| Obligation | Timing and fee reference |
|---|---|
| Business name renewal | Sole proprietorship renewal is listed at GHS 70 per year. Partnership renewal is listed at GHS 100 per year. |
| Company annual returns | First return within 18 months of incorporation, then yearly. ORC filing fee reference is GHS 175. |
| Late annual returns | GHS 1,000 penalty for 1 to 4 overdue years; GHS 2,000 for 5 or more overdue years. |
| Beneficial ownership changes | Update within 30 days of a change and review during annual return filing. |
Keep records current
Director, secretary, shareholder, beneficial owner, registered office, and auditor changes may need separate filings before or alongside annual returns.