Ghana
Corporate Guide

What are the different types of companies that can be incorporated in Ghana?

The different types of companies that can be incorporated in Ghana include:

Private company limited by shares (Limited or Ltd)

This type of company limits its members' liability to the unpaid amount on their shares. It also has the key features of a private company: it restricts the transfer of its shares, limits the number of shareholders to 50 (with some legal exceptions), and prohibits public invitations to buy its shares or debentures. Additionally, it cannot invite the public to deposit money for fixed periods, whether or not interest is paid.

Public company limited by shares (PLC)

This type of company also limits its members' liability to the unpaid amount on their shares. However, it is not subject to the restrictions of a private company mentioned above.

Company limited by guarantee (LBG)

This type of company limits its members' liability to the amount they agree to contribute to the company's assets if it is wound up.

Unlimited private company (PRUC)

This is a private company that does not have a limit on the liability of its members.

Unlimited public company (PUC)

This is a public company that does not have a limit on the liability of its members.

External company

This is an entity formed outside Ghana which has an established place of business (e.g. branch, management, registration office, factory etc) in Ghana.

Private partnership

This is defined as the association of two or more individuals carrying on business to make profits.