Enhance brand value with company name change.
How to Start Change Company Name
After incorporation a company name can be changed any time. It is an entity which is regulated by law, specific process has to be followed provided by the Companies Act, 2013. The process include conduction of meeting of board members for their respective consent, which will be followed by reservation of name and approval from Central Government for the said change. After updating the Register of Companies, Fresh Certificate of Incorporation will be issued by RoC in new name. The existence of the company has not been impacted by the change in name of the Company, which leaves all the assets and liabilities unaffected.
WHY TO CHANGE COMPANY NAME?
The directors or the shareholders may voluntarily decide to change the business name mutually for any justified reason. Name can be used to reflect the vision or any characteristic of the company. To make the name relatable and easy for the consumer can also be a reason to change business.
Change in Business Objective
Change in the name may be required due to change of business objective. If the name does not truly reflect the altered objective, it can be changed in line with the objective. The company must apply for a change if the Register has directed to do so in such case.
Enhance Brand Value
Name assumes the brand value of the company and intention to improve the brand value is often a reason to change the name. Also, industries where trends change over a period of time, an approprite name can be chosen to be in line with the trend and create a distinct identity. Change of name can prove to be a good marketing strategy to enhance brand value.
Discard boundaries assumed by name
By use of words representing geographical region or offrings, the name defines the boundary of operations. Expansion by capturing wide market includes demands removing boundaries assumed by the name. Further, if the name has become irrelevant to products or services offered it must be changed to target the right audience.
WHAT ARE THE MANDATORY DOCUMENTS REQUIRED TO CHANGE THE LIMITED COMPANY NAME
The documents that are required to change the limited company name are mentioned below:
MoA & AoA: A latest copy of amended MoA and AoA of the company.
COI (Certificate of Incorporation): Company to be provided Certificate of Incorporation.
PAN Card: Copy of the PAN card of the company to be provided.
DSC (Digital Signature Certificate): One of the authorized director to be provided DSC.
FEATURES TO BE PRESENT IN THE COMPANY’S NEW NAME
- UNIQUE NAME: Mainly it builds the brand of the company and preferably be a coined word.
- OBJECT OF THE BUSINESS: Second part of the name should suggest the business related activity of the company.
- CONSTITUTION TYPE: The company name must end with “Private Limited” or “Limited” as suffix.
- Answer quick questions
Fill in our questionnaires that take less than 10 minutes
Provide basic details & documents required for registration
Make payment through secured payment gateways
- Experts are Here to Help
Assigned Relationship Manager
Search report on name availability
Application for Name Reservation
Drafting of necessary resolution and documents
Alteration of MoA and AoA
Filling application for name change
Fresh Certificate of Incorporation
Updated MCA master data with modified details
- Use new name now
All it takes is 10-12 working days
Mainly it builds the company brand and preferably be a coined word
OBJECT OF THE BUSINESS
Second part of name should suggest the business activity of the company
Name of the company must end with"Private Limited" or "Limited" as suffix
Change company name in 3 Easy Steps
*Subject to Government processing time
Process to change company name online
- Collection of basic Information & documents
- Conducting Board Meeting and passing a resolution
- Checking company name availability
- Reservation of name through "RUN"
- Conducting meeting of members amd passing a resolution
- Preparation of documents relating to the application of change
- Provide documents prepared after signature
- Preparation and filling application with MCA
DAY 8 onwards
- Government processing time
- Issuance of fresh Col with a new name
- Consent of the board
- Approval from concerned RoC
- Approval from Central Government
- Consent from the members of the company