President Akufo-Addo recently launched the new Ghanaian Office of the Registrar of Companies (ORCs).
The ORC is responsible for company and business registration and also provides advisory services. The function of the ORCs will include making provision for information to be entered into the company’s register, verifying information provided by companies to the registrar and directing access to the information in the register. The function of the ORCs is different to that of the Registrar General Department, which will still remain responsible for the registration of intellectual property rights.
The ORC is also tasked with ensuring that all company information is digitised, which will assist the government in the fight against corruption and the creation of fake companies. It will also make the companies records more accessible.
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