If you wish to change the name of your existing company or a company that you will be purchasing, the change must be registered with the Department of Business Development in order for the new name to be valid.
The revenue department and other government offices where the company is registered (e.g. Social Fund or Labor Office) must also be informed about this change. Also the corporate seal, always containing the full legal name of the company, will have to be updated.
In registering the change in a company’s name and seal with the DBD, the following steps must be taken:
From your side, we will need the company documents, identification of the director(s) and shareholders, and the new name and logo. Based on this information, we can prepare the necessary paperwork that will have to be signed by the client.
The company’s name and company’s seal may also have to be changed at the Revenue department if it is registered for VAT.
The documents required to submit to the Revenue Department include:
Subsequent administration may also be required for all registrations, bank accounts and licenses.
Ashmin, Acclime business services coordinator