Annual Returns and Business Name Renewal Calendar

Know when to file annual returns, renew business names, update beneficial ownership, and avoid late penalties.

Renew a business name

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.

Keep records current Director, secretary, shareholder, beneficial owner, registered office, and auditor changes may need separate filings before or alongside annual returns.

ObligationTiming and fee reference
Business name renewalSole proprietorship renewal is listed at GHS 70 per year. Partnership renewal is listed at GHS 100 per year.
Company annual returnsFirst return within 18 months of incorporation, then yearly. ORC filing fee reference is GHS 175.
Late annual returnsGHS 1,000 penalty for 1 to 4 overdue years; GHS 2,000 for 5 or more overdue years.
Beneficial ownership changesUpdate within 30 days of a change and review during annual return filing.