After the Singapore company is registered, it may be necessary to change the company's name when it needs to transform or rebuild its brand image in the subsequent development. How to change the name of a company in Singapore?What do I need to pay attention to during the change process?
Choose a new Singapore company name.
Just like when setting up a company, choosing a suitable name again, changing the name of the company requires not only the approval of the shareholders, but also the approval of the relevant ** department.
According to the Singapore Companies Act, a company name must not be of the same nature as other registered company names, or it cannot be a reserved name of ACRA, let alone a name that is expressly prohibited in Singapore. Namely:
1. Different from any other existing company;
2. It is different from the reserved company name;
3. Not included in the blacklist;
4. Not vulgar or **.
Hold a general meeting of shareholders of the company.
After the new company name has been determined, submit an application for a change of company name to ACRA. In addition, after the application for the change of company is approved by the ACRA, it is also necessary to change the name of the company through a special resolution at the general meeting of shareholders of the company.
1. Prepare a written resolution to change the name of the company;
2. Decide on the date of the general meeting of shareholders, and then notify all shareholders of the date and place of the meeting. In the case of a private company, 14 days' written notice of the meeting must be given. However, if shareholders holding more than 95% of the voting rights agree, the meeting can be convened in a shorter period of time;
3. At the meeting, more than three-quarters of the shareholders with voting rights agreed to change the name of the company before the proposal to change the name was passed
4. After the motion is passed, a copy of the resolution must be submitted to ACRA within 14 days from the date of the resolution, which can be submitted through Bizfile+**.
Information required to change the name of your company in Singapore.
1. The original copy of the business license of the Singapore company;
2. Notice of approval of change of company name in Singapore;
3. Articles of Association of Singapore Company;
4. A copy of the identity certificate of the legal person of the Singapore company;
5. The original articles of association of the Singapore company;
6. Singapore Company Name Change Registration Form.
Whether you need to submit a change application to the Inland Revenue Department of Singapore.
As the Inland Revenue Authority of Singapore (IRAS) updates the records based on the information submitted by the ACRA, there is no need to report the change of company name to the IRAS. If there is an urgent need to notify IRAS of a name change, such as a tax refund or letter from IRAS within two weeks of the change of company name, you can submit your company's tax ID number, name before and after the name change, and an updated company registration paper.
A change in the name of the company does not change any of the company's obligations or rights. For example, if the company had debts before the name change, the debts will still need to be repaid after the name change. After the name change is completed, a new registration paper and business license need to be purchased, and the registration information needs to be fully amended.
Finally, after changing the company name, you can reshape the corporate image and update the company's marketing materials, such as company **, social ** accounts, company signs, brochures, employee business cards, etc. In addition, the company's seal should be changed, and if necessary, the trademark of the new name should also be changed.