The Office of the Registrar of Companies (ORC) has kicked off a week-long celebration designed to transform how businesses in Ghana understand and embrace compliance.
Deputy Registrar Benjamin Zigorsh-Nyakpenu says the initiative is rooted in education, ensuring that entrepreneurs, NGOs, and even churches fully grasp their obligations under the new Companies Act.
“We don’t want companies to die,” he stressed, calling on struggling businesses to seek the ORC’s help before it’s too late.
The campaign’s message is clear: compliance is not optional. Companies that ignore their obligations risk losing access to critical services, including banking. “The law is not just a formality,” Zigorsh-Nyakpenu warned. “It’s the foundation for doing business in Ghana.”
The ORC is partnering with the Association of Ghana Industries, financial institutions, and other organizations to extend this education nationwide. By pooling resources, they aim to reach more businesses, particularly those in the informal sector, where regulatory compliance is often overlooked.
Mr. Zigorsh-Nyakpenu stressed that public education is an ongoing mission. The ORC’s broader goal is to build a culture of compliance where businesses are not only registered but also equipped to survive and grow.
Established in 2023, the ORC’s mandate extends far beyond simply issuing certificates. It registers sole proprietorships, limited liability companies, NGOs, and churches, oversees mergers and liquidations, and enforces legal compliance. Yet, Zigorsh-Nyakpenu admits many Ghanaians remain unaware of its full role.