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UMB, ORC partner to make business registration easier for entrepreneurs

Universal Merchant Bank (UMB) has begun rolling out selected services of the Office of the Registrar of Companies (ORC) at its branches, in a partnership aimed at making business registration and compliance more convenient while supporting the formalisation of businesses in Ghana.

UMB, ORC partner to make business registration easier for entrepreneurs

Universal Merchant Bank (UMB) and the Office of the Registrar of Companies (ORC) have partnered to streamline business registration and compliance for entrepreneurs in Ghana. This initiative, discussed on Joy FM’s Super Morning Show, aims to bring key ORC services closer to business owners by offering them at selected UMB branches.

The partnership, following a Memorandum of Understanding, involves UMB’s Branch Network Head for Greater Accra, Victoria Esinam Attipoe, and UMB’s Head of Corporate Communication, Edem Knight-Tay. The first phase of the initiative includes three UMB branches in Kasoa, Tema Main, and Labone, where customers can now access services such as new business registration and updating business records.

UMB emphasizes the convenience of this arrangement, stating that customers can obtain these services without needing to visit an ORC office. The partnership is expected to facilitate the formalisation of businesses in Ghana, a step that can provide entrepreneurs with a stable foundation for engaging with formal institutions and pursuing business opportunities.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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