Audio By Carbonatix
Business registration and its renewal are unpopular among the small-scale business community in the Volta Region.
This is because of the several rounds of trips to Accra to file for registration and to check on the progress of processing until the receipt of the final certificate.
This concern was raised at Ho on Friday by small-scale business groups at a dialogue with a representative of the Registrar General on how friendly business registration was to micro and small scale enterprises.
The dialogue, was arranged by the Ghana Journalists Association (GJA) in collaboration with the Business Advisory Centre (BUSAC), and KAB Governance Consult aimed at “using the Media to strengthen business advocacy” in Ghana.
Out of about 20 participants, less than five said they had registered their businesses while none had renewed such registration certificates in at least the last three years.
They appealed for a waver of the accumulated renewal fees that have to be paid for each year that they had not renewed their certificates.
The participants also called for speedy decentralization of the registration system to the regions.
They contended that the registration and renewal fees charged are, for most businesses, equal to money invested and the business turnover for the particular period.
Ms. Vera Bampo-Addo, Principal State Attorney, Office of the Registrar General exhorted small and medium scale business operators to get their enterprises registered and to renew their registration annually in order to be strategically placed to take advantage• of current business opportunities.
She said it was not advisable to change business name as away of avoiding having to pay for the accumulated period of default in renewal. .
This is because an established business name has the advantage of having the reputation of a more credible and reliable business partner than a new one.
Ms. Bampo-Addo said the Registrar General has decentralized some of its operations except documentation and certification to Takoradi and Kumasi in order to guard against fraud, adding, “we are hastening slowly”.
Mr. Kwasi Afriyie Badu, Chief Executive Officer of KAB Governance Consult said the appeal by small businesses for a waiver of accumulated renewal fees could be negotiated through evidence-based advocacy.
Source: B&FT
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Abolish or Reform? Abu Jinapor counsels sober reflection on debate over future of Special Prosecutor’s Office
3 hours -
2026 World Cup: Can Ghana navigate England, Croatia, and Panama in Group L?
3 hours -
NAIMOS task force arrests 9 Chinese illegal miners, destroys equipment at Dadieso
3 hours -
NAIMOS advances into Atiwa Forest, uncovers child labour, river diversion and heavy machinery
3 hours -
NAIMOS Task Force storms Fanteakwa South, dismantles galamsey operations
4 hours -
The Kissi Agyebeng Removal Bid: A Look at the Numbers
5 hours -
DVLA to roll out digitised accident reports, new number plates and 24-hour services
5 hours -
DVLA Workers’ Union opens 2025 Annual Residential Delegates Congress with call for excellence, equity and solidarity
5 hours -
Scholarships Secretariat sets December 8–9 interviews for Commonwealth Scholarship applicants
5 hours -
WASSCE decline reveals deep gaps, there’s need to overhaul education system – Franklin Cudjoe
6 hours -
JOY FM Drive Time host Lexis Bill leads fans up Aburi Mountain in energetic ‘Walk With Lexis’ fitness experience
6 hours -
2026 World Cup: Ghana to open campaign in Toronto against Panama
7 hours -
President Mahama, Lordina support retired Assemblies of God pastors, widows with medical care and Christmas gifts
7 hours -
2025/26 GPL: Nations FC fight back to claim 2-1 win over Heart of Lions
7 hours -
Tanzania responds to international criticism over October post-election events
7 hours
