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IMPACT – MEDIUM
What is the change? All companies that employ foreign workers must submit annual returns by Jan. 15.
What does the change mean? Companies should prepare their annual returns if they have not already done so. Those who miss the Jan. 15 deadline may face monetary penalties.
Background: The filing is required no later than Jan. 15 of each year. Companies must complete the form, providing the names and addresses of all foreign workers who are employed as of Jan. 1.
Companies that fail to file face fines of 1,000 cedis (about US$225), and individuals are liable to pay 200 cedis. If fines are not paid within seven days, companies and individuals may be subject to criminal prosecution and additional monetary penalties.
BAL Analysis: Employers are reminded not to delay filing their annual returns and to file them no later than Jan. 15. BAL can assist in the process.
This alert has been provided by the BAL Global Practice group in Africa. For additional information, please contact africa@bal.com.
Copyright © 2017 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@bal.com.
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