The Office of the Registrar of Companies (ORC) has issued a strong reminder to all businesses operating in Ghana to file their Beneficial Ownership (BO) information by October 30, 2025, or face stiff administrative penalties. The directive applies to all companies in existence before January 2020, when Ghana began the electronic collection of BO data. This move, the ORC says, is part of intensified efforts to promote transparency and curb illicit financial activities by revealing the true individuals who own or control corporate entities. In a press release signed by Mrs. Maame Samma Peprah, Acting Registrar of Companies, the ORC confirmed that a three-month grace period—running from July 1 to October 30, 2025—is currently in effect. Companies failing to meet the deadline will be charged a daily administrative penalty of 25 penalty units (approximately GHS 300) until compliance is achieved. The ORC is intensifying efforts to ensure all existing companies comply with Beneficial Ownership disclosure obligations,” the statement read.