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About Us

Overview

Our website shall be the main source of information flow. It is our intension to meet the Corporate needs of you our valued Customers even within the comfort of your homes and offices. Customer service facilities would be made available at our office and via telephone.

Find about more about activities and how that affect your business and let us know how we can help you meet your obligations. Thank you for visiting our website.

  • Sierra Leone is part of a global market and if it is to attract investments it is imperative that its laws and in particular company law is in line with global trends and best practises. Cap 249 of the Laws of Sierra Leone was therefore repealed by the Companies Act 2009.
  • Establish and maintain a company’s registry and offices in all the provinces as may be necessary, suitably and adequately equipped to discharge its functions under the Act or any other enactment in respect of which it is charged with the responsibility. Need for an effective implementation of the Law (Companies Act 2009) through a modernised administrative machinery.
  • Need to reflect the changes in economic and business milieu in which the law is to operate.
  • Need to develop specialised capacity in monitoring the activities of companies and in particular Compliance
  • Need for independence of the authority responsible for the Implementation of the Companies Act 2009

Who we Are?

  • Our Mission

    Our mission is to be the heart of Company information exchange in Sierra Leone supporting business growth, informing the public, contributing to sustainable socio economic development of the country.
  • Our Mandate

    The Commission is mandated to draft regulations for the purpose of giving effect to the provisions of the act and may, in particular, make regulations (Section 494 and 530) –
    • prescribing the forms for returns and other information required under this Part;
    • requiring returns to be made, within a specified time, if any, by any company or enterprise to which this Part applies;
    • To administer the act including the regulation and supervision of the incorporation and registration of companies under or pursuant to the act
    • Establish and maintain a company’s registry and offices in all the provinces as may be necessary, suitably and adequately equipped to discharge its functions under the Act or any other enactment in respect of which it is charged with the responsibility.
    • Perform such other functions as may be specified by this Act or any other enactment and Undertake such other activities as are necessary or expedient for giving full effect to this Act.
    • prescribing the procedure and criteria for approval of mergers, acquisitions, take-overs, amalgamations and business combinations under this Act;
    • prescribing any fees payable under this Part;
    • prescribing the formula for the calculation of the price at which securities may be bought or sold; or
    • prescribing the information to be contained in any prospectus or trust deed filed
  • Our Values

    • Uncompromising Integrity
    • Customer focus
    • Making a difference
  • Our Vision

    To globally lead in corporate information management and to be a model in the region.

Data Management

In addition to the establishment of the Board and the recruitment of core staff of the Commission, the Commission embarked on the conduct of a ‘sorting exercise’ where company records dating as far back as the 1900 were sorted manually and data recorded.

2011

Sensitisation

A ten weeks Radio Program on aired Radio Democracy and Radio Universal in order to sensitise the general public about the provisions of the Companies Act 2009 and the then proposed amendments.

2013

Flash Card

Design of a flash card on Protecting Investor Provisions. Click to View the flash Card

2015
Our
Timeline

Companies Act 2009 Review

The Commission commenced review of the Companies Act 2009 to in order for relevant provision to be amended that would

  • remove administrative barriers
  • make the act less punitive and for defaults to be addressed by way of fines and penalties and
  • improve investor protection and foster protection of minority shareholder. The review process lead to the enactment of the Companies (Amendment) Act 2009.

2012

Company Handbook

For Investors and Directors, a Company handbook on Duties of Directors and Secretaries is now available. Download from the Documents Tab

2014

Corporate Governance Seminar

Corporate Governance Seminar (IFC/CAC) for Companies in Freetown, Makeni, Bo and Kenema.

2015