Change Company Name

You have the flexibility to alter your company’s name post-incorporation, though it entails fulfilling several compliance obligations and paperwork. Rest assured, we’re here to streamline this procedure for you, offering top-notch service along the way.

  • Completely online process
  • Transparent Pricing
  • Dedicated compliance manager

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Name Change Process

We will collect all the necessary data and documents from you.​

We will complete all registration formalities with the government authorities.

You will get the New COI & PAN

Change your Company Name

A private limited company has the option to amend the name it initially selected during its incorporation, albeit subject to specific procedures. For a private limited company to change its name, it necessitates the passing of a special resolution by the shareholders, along with securing approval from the Ministry of Corporate Affairs (MCA). This underscores that altering a company’s name isn’t a unilateral decision but entails the consensus of all involved parties. Nonetheless, despite the name change, the company’s legal standing and ongoing existence remain unchanged. While the process may appear complex, adherence to the regulations delineated in the Companies Act of 2013 is imperative. Ultimately, renaming a company should be approached with careful deliberation and meticulous planning to ensure a seamless transition and uphold the business’s integrity.

Checklist for Registeration

To register a Private Limited Company in India, make sure to follow these requirements:

Directors:
– At least two directors are required.
– A maximum of fifteen directors is allowed.
– At least one director must be an Indian resident.

Unique Name:
– The company name must be unique.
– It should not be the same as any existing company or trademark in India.

Capital Contribution:
– There is no mandatory minimum capital amount.
– The company should have an authorized capital of at least ₹1 lakh.rd.

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Documents Required

  • Notice regarding EGM
  • Attested true copy of the special resolution
  • Minutes of the board meeting and EGM
  • Altered MoA
  • A certified true copy of the board resolution (optional)
  • ID proof of all the directors of the company
  • Address proof of all the directors of the company
  • Attendance sheet or register of board meetings

Change Company Name Registration Benefits

Voluntary Change: The directors or the shareholders may voluntarily decide to change the business name mutually for any justified reason. Names 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 name.

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 Registrar has directed to do so in such case.

Enhance Brand Value (Rebranding): 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 appropriate 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 offerings, 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.

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Frequently Asked Questions

Whether the company has to display the old name together with the new name?

Yes, for a period of 1 year from the name change of the company, the Old name shall be displayed in all the letterheads, hoardings, and banners, together with the new name

When will the new name be effective?

New Name shall be effective when ROC issues the New Certificate of registration of the name of the company.

 
Where to apply for Name Reservation?

The company should apply in the RUN facility for the name change of the company.

 
Whether the company has to change its bank account?

Yes, an old bank account has to be closed and a new bank account with the new PAN & GST should be provided for the open of the new bank account.It is similar to a PAN Card number.DIN is to be mentioned in documents while appointing a person as a director of a company.

 
 
Whether PAN Number will change?

No, PAN means Permanent Account Number, it will be permanent. However, the Company shall have to make the necessary application to the Income Tax Authority for a Change of PAN Name. The new amended Certificate of change of name is required for the same