Over 508,000 public and private business names and companies are to be struck off the register of the Office of the Registrar of Companies (ORC) by the end of June 2024.

Over 508,000 public and private business names and companies are to be struck off the register of the Office of the Registrar of Companies (ORC) by the end of June 2024.

They are made up of over 8,000 companies limited by Shares (both Private and Public) and over 500,000 business names.

This follows the failure of the entities to file their annual returns in order to be in good standing.

They have been served with notices, reminders through various sensitisation programmes and multiple publications for the past two years.

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