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Setting up Commercial Companies
An
entrepreneur can set up a business enterprise in Ghana in accordance with
the provisions of any of the following legal instruments and following
prodedures:
Legislation
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(Laws are not available online; only for
sale with the Ghanaian Government)
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Companies Code, 1963 (Act 179)
Contents: Right to form a company. Types of company. Duties to
promoters. Formation of companies. Names of companies. Company's
regulations. Capacity of companies. Commencement of business. Membership
of companies. Shares. Stated capital and dividends. Accounts and audit.
General meetings. Directors and secretary.
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Incorporated Private Partnerships Act, 1962
(Act 152),
Contents: Registration of partnership firms. Nature of the firm.
Mortgages and charges. Accounts.
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Registration of Business Names Act, 1962 (Act
151),
with regard to unincorporated business.
Contents: Persons to be registered. Procedure and time for
registration. Penalties. Regulations. Commencement.
Registration [top]
Application for registration of a company is made directly, or through
agents or solicitors, to the Registrar-General. A company is duly registered
after the company's regulations have been submitted to the registrar of
companies and a certificate of incorporation issued. A specified fee is paid
on presentation of the regulations. More
about business registration see Business
Registration.
Commencement of Business [top]
Before commencing business, further information on the company must be
provided. This includes the particulars of the company and a declaration of
compliance. Details
about commencement of business see Business
Registration.
Start and Improve your Business
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On
the Business Information Handbook "Start
and
Improve your Business.Doc" for download (1.1 MB) you
will find all necessary steps for business creation and implementation as
well as for business follow-up: |
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Business Idea Creation: Identify your personal skills. Screening of
viable business ideas. Selection of one best business idea. SWOT analysis of
the best idea.
Information Seeking Stage: Market, Supply and Infrastructure analyses.
Business management, Financial analysis. Business legalisation and
registration. Taxes and customs.
Business Implementation: Business planning, Cost calculation, Financing.
Legislation and administrative procedures. Marketing, Strategic Premises and
supply of equipment. Product development, Business management.
Follow up your Business: Improve accounting and data management. Product
Development, Market extension. Staff and Stock management. Maintenance of
tools, equipment and premises. Follow up the financial situation.
Women and Business
Abena Otu - EDC Consulting, Accra 2006
Women Entrepreneurs Re-Engineering Module
women-enterprises-re-engineering.doc 371 KB
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