Company Name Change
Seamless Company Name Change Services by OSBS Accounting Solutions Private Limited
Changing the name of a company in India is a significant business decision that can reflect the company’s evolving brand, products, or services. Whether you are rebranding to align with new market trends, expanding your business, or merging with another company, OSBS Accounting Solutions Private Limited offers a streamlined and professional service to ensure your company name change process is seamless and compliant with Indian regulations.
Why Change Your Company Name?
A company may wish to change its name for various reasons, including:
Rebranding: To reflect a new identity, vision, or business strategy.
Mergers & Acquisitions: When companies merge or acquire, a new name may be necessary to represent the new structure.
Market Expansion: A name change can signify the entry into new markets or product offerings.
Avoiding Conflicts: To resolve trademark conflicts or confusion with other businesses in the same industry.
Legal Compliance: In certain cases, a name change may be required due to legal or regulatory reasons.
Key Steps in the Company Name Change Process
Board Meeting Resolution: The first step in changing the company name is passing a resolution in the Board of Directors meeting.
Approval from Shareholders: Once the board approves the resolution, the approval of shareholders is required in a General Meeting (AGM).
Name Availability Check: Before proceeding, it is crucial to check if the desired name is available and doesn’t conflict with any existing trademarks or company names.
Filing with the Registrar of Companies (RoC): The company must file the MCA Form MGT-14 and Form INC-24 with the Registrar of Companies (RoC) for approval of the name change.
Name Change Certificate: Once the RoC approves the application, the company will receive a Certificate of Name Change, signifying the legal change of name.
Updating Legal Documents and Registrations: After the name change is formalized, it is important to update legal documents such as the Memorandum of Association (MoA), Articles of Association (AoA), PAN card, GST registration, and other statutory documents.
Informing Stakeholders: The new company name should be communicated to all stakeholders, including clients, suppliers, employees, banks, and the public.
Why Choose OSBS for Company Name Change Services?
Expert Guidance: Our team of experts helps you navigate the legal and procedural steps involved in changing your company name.
Hassle-Free Process: We ensure the name change process is handled efficiently, with minimal involvement from your end.
Timely Compliance: We make sure that all statutory requirements are met and filings are done within the prescribed timelines.
Rebranding Support: Along with the legal change, we assist in rebranding strategies to align your new name with business growth.
Cost-Effective: Our services are designed to be affordable, while offering complete assistance throughout the name change process.
Why is Company Name Change Important?
Reflect Business Growth: A name change reflects the maturity and growth of a business and can rejuvenate its image.
Legal Compliance: Ensure compliance with the law by following the proper legal process for a name change.
Market Visibility: A well-planned name change can increase market visibility and customer recognition.
Operational Continuity: Changing your name legally ensures that all operations, contracts, and agreements continue smoothly under the new name.
Documents Required for Company Name Change
Board Resolution: To initiate the process and approve the name change.
Shareholder Resolution: Approving the change of name in the General Meeting.
Form MGT-14: To be filed with the Registrar of Companies.
Form INC-24: To apply for the name change.
Updated Memorandum of Association (MoA): Reflecting the new name.
Articles of Association (AoA): Reflecting the new name.
PAN Card, GST Registration, and other relevant documents need to be updated with the new company name.
How OSBS Helps with Company Name Change
Complete Documentation Assistance: We assist with drafting and filing all required documents to facilitate a smooth name change.
Legal and Regulatory Compliance: Our team ensures your company adheres to all legal requirements for a name change under the Companies Act, 2013.
Timely Filing: We ensure timely submission of all forms and documents to the Registrar of Companies.
Stakeholder Communication: We assist you in informing your stakeholders, clients, and suppliers about the name change.
Branding Support: We can also offer advice on branding and marketing strategies post name change.
Ensure a Smooth Transition – Let OSBS Handle Your Company Name Change.
At OSBS Accounting Solutions Private Limited, we simplify the process of changing your company name, ensuring compliance and a smooth transition. Contact us today to begin your company name change journey!