Change Company Name

Changing a company’s name involves a legal process and several administrative steps. The specific requirements and procedures may vary depending on the jurisdiction in which your company is registered. Here’s a general outline of how to change a company name:

1. Check Legal Requirements:

   – Review the legal requirements for changing a company name in your jurisdiction. Regulations and procedures may differ from one country to another, and sometimes even within different states or regions.


2. Review Company Bylaws or Articles of Association:

   – Check the company’s bylaws or articles of association to understand any specific requirements or procedures for changing the company name. This document may outline the steps to be taken and whether approval from shareholders or the board of directors is required.

3. Conduct a Name Search:

   – Before finalizing a new name, conduct a name search to ensure that the desired name is available and not already in use by another business in your jurisdiction. In many countries, including India, you need to check the availability of the new name with the respective registrar or authority.

4. Pass a Resolution:

   – In many cases, the company’s board of directors or shareholders must pass a resolution to approve the name change. The resolution should be properly documented and recorded in the company’s minutes.

5. File Required Documents:

   – Prepare and file the necessary documents with the appropriate government authority. The specific documents and forms required will vary by jurisdiction. In India, for instance, you may need to file Form INC-24 with the Ministry of Corporate Affairs (MCA).

6. Pay Fees:

   – Pay any applicable fees associated with the name change. Fees can vary and depend on the jurisdiction and the type of company.


7. Obtain Approval:

   – Wait for approval from the relevant government authority. The approval process and timeline can vary, so it’s important to check with the authority for specific guidance.

8. Update Business Records:

– Once the name change is approved, update all business records, contracts, agreements, and any public documents to reflect the new company name. This includes changing the company’s signage, website, and marketing materials.

9. Inform Stakeholders:

   – Notify all stakeholders, including customers, suppliers, banks, and government agencies, about the name change. Ensure that they have the updated information.

10. Compliance with Tax and Legal Obligations:

    – Ensure that you comply with any tax and legal obligations associated with the name change. This may include updating your tax registrations, licenses, and permits.

The process of changing a company name can be complex and time-consuming, and it’s essential to follow all legal and regulatory requirements to avoid any issues. Consulting with legal and financial experts like Legato Business Solution llp , including company registration professionals, is advisable to ensure a smooth transition. Additionally, consider seeking advice from a professional attorney who specializes in corporate law for your specific jurisdiction.