Ghana has several business registration systems. Company registration is done by the Registrar General's Department, [1] but this duty will be transferred to the new Office of the Registrar of Companies under the terms of the Companies Act, 2018. [2] Both resident Ghanaian companies and branches of foreign companies are required to register and obtain a permit before operating in Ghana. [3] In 2008-2009 procedures were simplified and the target is now to complete registration within one day. [4]