By: Rejoice Hoeyameh.
The Registrar General’s Department is set to delete the names of more than 100,000 dormant companies from its database in its maiden clean-up to ensure a credible and updated register of companies.
The exercise begins October 2021, with 3,100 companies, the 1st batch of companies registered since 2011, but had failed to comply with a directive to file their annual returns or update their records.
A statement issued in Accra by the Registrar-General, Mrs. Jemima Oware, said the affected entities include Public/Private companies limited by shares; Public/Private companies limited by guarantee such as Associations, Fun Clubs and Churches, Private Unlimited Companies, and External companies. It said the exercise has become necessary after the end of the 3 months validation process conducted by the Department from July to September 2021, to review the sampled group companies, not in good standing.
It said more than 257 thousand, 241 companies existing in its database had not filed their returns or amendments with the Department since 2011, and 670, thousand 282 companies in the old database had not updated their data dubbed Re-registration as at March 2020.
The Department, therefore, urges all defaulting companies whether in operation or not in operation to take measures to regularise their business and update their records with the Department to avoid being delisted.