Changing a company's name is possible and most businesses do so for reasons not limited to the following;
The company has undergone a change of management
The company has undergone a change of shareholding
The company has changed its business direction/re-branding
The company has changed its business activities
The company is going through a rebranding process
The company intends to change its name for the shelf company
Your company secretary will be able to lodge the application for the change of name. The procedure includes;
Company Name Search Application lodged with SSM
Once approval from SSM is obtained, the Board of Directors is to approve on the change of name by passing a special resolution
Lodgement of Sec 28 to SSM for change of company’s name
Finally, a new Change of Name Certificate will be issued by SSM within 2 working days which is available for purchase
The former company name must be displayed alongside with the new company name for a transition period of 12 months from the date of the change of company name.
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