After signing up on Paystack, we’d need to collect more information from you to activate your business. We collect this information via the Paystack Dashboard under the Compliance tab.
Why do you need this information for my business?
In Ghana, we are regulated by the Bank of Ghana and are required to collect these details as a payment processor to comply with Ghanaian laws.
What information do you need for my business?
We require different types of compliance information based on your business type, and we've broken down the information needed for the different types below.
Starter Businesses for Ghana-based merchants
As a Starter business based in Ghana, we require you to provide us with your contact information and business owner details. This includes a valid government-issued identification, such as your Passport or Ghana Card (preferred). You'll also be required to provide details for a payout account, which can be a personal mobile money or bank account. Additionally, you'll need to provide your address information, including your GPS address or a document to serve as proof of address. You can find out what constitutes a valid proof of address document here.
Registered Businesses for Ghana-based merchants
For Ghana-based Registered businesses, we require different types of information from you based on your Registration type. However, all registered businesses must provide their business registration documents, a corporate bank account or merchant mobile money account, and details for the directors or business owners.
We've outlined a brief overview of the different Registration types and what information we require below:
| Registration Type |
Required Documents |
| Private Company Limited by Shares |
- Certificate of Incorporation
- Form 3. This is the registration form for returns of particulars for the company limited by shares
- Tax Identification Number. This is a unique identification number issued to taxpayers
- You will also need to provide information on at least two directors of your business.
- Finally, you will need to identify people who, together, own at least 51% of this business.
|
| Public Company Limited by Shares |
- Certificate of Incorporation
- Form 3C. This is the registration form for a public company limited by shares
- Tax Identification Number. This is a unique identification number issued to taxpayers
- You will also need to provide information on at least two directors of your business.
|
| Limited Liability Partnerships |
- Certificate of Incorporation
- Form B. This is the registration form for limited liability partnerships.
- Tax Identification Number. This is a unique identification number issued to taxpayers.
- You will also need to provide information on at least two directors of your business.
|
| Private Company Limited by Guarantee |
- Certificate of Incorporation
- Form 3B. This is the registration form for a company limited by guarantee
- Tax Identification Number, which is a unique identification number issued to taxpayers
- You will also need to provide information on at least two directors of your business.
- Finally, you will need to identify people who, together, own at least 51% of this business.
|
| Public Company Limited by Guarantee |
- Certificate of Incorporation
- Form 3E. This is the registration form for a public company limited by guarantee.
- Tax Identification Number. This is a unique identification number issued to taxpayers
- You will also need to provide information on at least two directors of your business.
|
| External Company |
- Certificate of Incorporation.
- Form BO 1. This is the Beneficial Ownership Declaration Form.
- Form 20. This is the form for particulars of an external company requiring registration
- Tax Identification Number. This is a unique identification number issued to taxpayers.
- You will also need to provide information on at least two directors of your business.
- Finally, you will need to identify people who, together, own at least 51% of this business.
|
| Sole Proprietorship |
-
- Form A. This is the registration form for Sole Proprietorship businesses.
- Tax Identification Number. This is a unique identification number issued to taxpayers
- You will also need to provide the information of at least one owner of the business.
|
If you need further help with submitting these documents please reach out to us via our contact form or send us an email at support@paystack.com.
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