We can assist you to form any of the following
entities:-
• Company
limited by shares in which the personal liability
of shareholders is limited to the amount, if any, unpaid on
their shares. This type of company can be either private or
public. A private company by its regulations (which is the equivalent
of the memorandum and articles of association) restricts the
right to transfer its shares, if any, limits its members and
debentures holders to fifty and prohibits any invitation to
the public to subscribe for shares or debentures or to deposit
money with it. The regulations of a public company would generally
not impose these restrictions.
• Unlimited
Companies do not have any limit on the liability
of its members and is suitable for use by consultants and professional
service companies.
• Companies
Limited by Guarantee where the liability of its
members is limited to the amount which its members may respectively
undertake to contribute to the assets of the company in the
event of its being wound up.
• External
Companies is a body corporate formed outside Ghana
but which has an established place of business in Ghana.
All the above forms of business are regulated
by the Companies Code 1963, Act 179
• Partnerships
in Ghana are regulated by the Incorporated Private Partnership
Act, 1962 (Act 152) and are an association of two or more individuals
carrying on business jointly for the purpose of making profits.
• A sole
proprietorship refers to a business owned and operated
by a person and registered under the Registration of Business
Names Act 1962, (Act 151) which is either operated by the owner
or his appointed manager. This is the simplest form of business
organisation and is usually used for small-scale business purposes.
