According to her, about 200,000 companies have failed to file their annual returns and financial statements since 2011 despite several notices and reminders. We gave extensions for people to file annual returns, and we extended it to almost one year, and we allowed businesses to hold Annual General Meetings virtually. It said companies that have their names expunged from the register would have to go to the law courts to have their business restored. “When you file an annual return, you are updating the Registrar General on changes that have taken place in your company, whether you’ve carried out any business or not. She further dispelled the notion that companies must have carried out business within the year under review before they file their returns.

Source: GhanaWeb June 09, 2021 13:30 UTC