ORC extends deadline for filing of Annual Returns and Renewals
By DL News
Published
1 min read
The extension of the deadline is to make up for downtimes experienced on the ORC's software application system
The Office of Registrar of Companies (ORC) has extended the deadline for filing of Annual Returns and Renewals to 30th September 2023.
The extension of the deadline is to make up for downtimes experienced on the ORC's software application system and enable defaulting businesses to complete the processes for filing their Returns and Renewals, the ORC said in a statement.
"The Office will commence the process of striking off Businesses and Companies in default from the Register by the end of September 2023.
Section 5A (2) of the Registration of Business Names Act, 1962 (Act 151) empowers the Registrar of Companies to remove from the Register any Business Name and Subsidiary Business Name in default for a period of 3 months after the year has ended."
“Kindly note that the ORC would still implement fully for first time section 126(7) of the Companies Act, 2019 (Act 992) which spells out the administrative penalty of GHC300.00 (currently GHC12.00 per unit for 25 Penalty Units) to be charged against the Companies and every officer for each day the default continues for non-filing,” the statement further said.
