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Companies Act, 2019 (Act 992).

Country/Territory
Ghana
Document type
Legislation
Date
2019
Source
FAO, FAOLEX
Subject
General
Keyword
Basic legislation Business/industry/corporations Offences/penalties Registration Inspection Certification Financing Governance Processing/handling Liability/compensation
Geographical area
Africa, North Atlantic, Western Africa
Abstract

This Act amends and consolidates the law relating to companies provides for establishment of the Office of the Registrar of Companies and provide for related matters. This Act applies to companies formed in the Republic of Ghana and provides provision on formation of companies, application and incorporation process, powers and authority of companies, corporate governance and shareholding structure, liability of members, stated capital and dividends, decision making and resolutions, transfer of share, accounts and auditing and winding up. The Act provides for the provision that is applicable separately to public and private companies and external company that is defined as a company with a body corporate formed outside the Republic which, has an established place of business in the country. The Act further provides regulations on the offences, legal proceeding and general provisions.

Full text
English