A total of 500,000 business names and 5,000 companies will be deleted from the list of the Office of the Registrar of Companies (ORC) on December 31, 2024, the Registrar of Companies, Mrs Jemima Oware, has said.
According to her, ORC would strike off all companies and business names that have failed to comply with a notice sent early this year to them to file their annual returns and financial statements before December 3, 2024. •Mrs Oware (seated middle) flanked by some executives of ORC and stakeholders after the engagement "So if by the end of this year, these 5,000 companies and 500,000 business names haven't complied, that means they are not doing business anymore and we will take them off our register," she said.
Speaking at a stakeholder engagement in Accra yesterday, Mrs Oware said all companies that had been in default for years would be removed from the register.
The stakeholder engagement organised by ORC, was on the theme; "Strengthening partnership for effective corporate governance".
