The Registrar General Department (RGD) has started the process of removing 513,338 business names from its Register that have failed to renew their certificates.
This action is in accordance with Section 5A (2) of the Registration of Business Names Act, 1962 (Act 151) on Annual Renewals, which states that “Without prejudice to any other liability prescribed by this Act, a registration which is not renewed in accordance with this section shall LAPSE and the Registrar may remove the Business Name of the person whose Registration has lapsed after the expiration of the period prescribed for the renewal.”
This means that if a business name (sole proprietorship) or subsidiary business name is not renewed for a period of three months following the end of the year, the name is available for use by anyone who is interested in the name.
All Business Name Owners are urged to renew their Business Names before the end of April 2023, according to a statement released in Accra yesterday. “Therefore, to avoid such Business Names falling into the public domain and for anyone of interest to use it after it has been struck off the Business Name Register,” the statement said.
How to renew business certificate
Business Name Owners can maintain their good standing by renewing their business name via the short code *222# and following the prompt to make payment on the Ghana.Gov payment platform with their Mobile Money (Momo) wallet, or walk into any of our offices across the country and pay at our in-house Fidelity Bank.
Can one register business certificate through an agent?
The Registrar General Department (RGD) advises the general public to refrain from using intermediaries and agents when doing business with it and to disregard any phone calls or texts they receive from scammers posing as “lawyers” or employees of the Office and requesting Mobile Money transfers to maintain their businesses’ good standing.
Does RGD have a Mobile Money Account for business certificate renewal?
“Please be advised that the Office does not have nor operate a Mobile Money Account, nor has any lawyer been designated for that purpose,” it added.
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