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in Vaultz Business

Filing of Annual Returns Extended by Additional six Months – Registrar-General’s Dept.

thevaultzby thevaultz
July 13, 2020
Reading Time: 3 mins read
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The Registrar-General’s Department has extended the deadline for filing of Annual Returns by six more months.

The initial date was supposed to end on July 31, 2020, but has now been moved to December 31, 2020.

According to the Registrar General’s Department, the decision behind the extension is as a result of the continuous spread of the COVID-19 pandemic and the inability of companies to hold their Annual General Meetings (AGM).

A statement issued by the Department and signed by the Head of Public Relations, Constance Adomaa Takyi, stated that there will also be no penalty increase for non-compliance from GH¢ 400 to GH¢ 450 from the 3rd of August, 2020 as previously communicated.

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“The Registrar-General’s Department (RGD), wishes to inform all its cherished clients that due to the continuous spread of the COVID-19 pandemic and the inability of Companies to hold their Annual General Meetings, it has further extended the deadline for the filing of Annual Returns from 31st July to December 31st, 2020.”

“There will also not be any Penalty increase from GHC400.00 to GHC450.00 from 3rd August 2020 as initially communicated,” the statement noted.

It also stated that, these measures apply to all companies limited by shares, by guarantee, including churches, associations, external companies and renewal of partnerships and businesses for the 2019/2020 financial year.

Again, the statement further noted that the Department, upon deliberations has decided to introduce a coupon system for all our services offered at the Front Office by serving only 200 clients daily effective. This is expected to start on Wednesday, July 15, 2020.

“Our officers will issue coupons to clients on first – come – first – served basis daily throughout the working hours of 8 am to 4 pm. If for any reason one is not served on a particular day within the first 200 numbers, they can come over the next day with their ticket number to be served,” it said.

This is to enable them to serve you better while observing all the COVID-19 safety protocols of social distancing and to avoid congestion.

Among other expectations, the Registrar General’s Department has however cautioned the general public against paying for filing the annual returns through mobile money.

“We are also informing the public that, the Department has not authorized anybody to demand mobile money payment for either filing of annual returns or renewal of businesses. The Registrar-General’s Department does not have a Mobile Money Account number nor have they appointed any registration agents to visit offices and homes to enforce compliance,” it said.

“There is no Cancellation Unit at RGD mandated to call clients to file Returns and the Legal and Audits Units at Registrar-General’s Department have not been tasked to strike out any Company/ Business Names. Renewal fee for Business Names is GH25 Cedis for each year. This service does not attract any penalty and Filing of Annual Returns for all Companies attracts a fee of GH50 Cedis,” it added.

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