Step by step to change the name of company

Step by step to change the name of company

Step by step to change the name of company

Step by step to change the name of the company

Change of company name, is it tough?

Introduction

The company is able to change its existing company name to another under section 28 of the Companies Act 2016

Only the existing company secretary may lodge the application to change the company name

Procedure to change the name of the company

a. name search and application of name

  • Conduct a name search on the proposed company name with SSM via mycoid with payment of fee at rm50 per name.

  • Once approved, the proposed name will be reserved for thirty (30) days.

  • further extension is allowed to a maximum of 180 days with an additional payment of a fee

b. submission of application to change company name

  • Submit the documents to ssm (over the counter) with a fee of rm100

    • document 1 - a copy of the application and reservation for the availability of names [section 27(1)(4)]

    • document 2 - a copy of the email from ssm for the approval notification of the reservation of name

    • document 3 - a copy of the application for change of name under section 28 of the companies act 2016

    • document 4 – a copy of directors’ and members’ resolutions

    • document 5 – a photocopy of certification of incorporation/ registration (form 9 or section 17)

c. verification of change of company name

  • A notice of change of name will be issued by ssm upon compliance with the procedures and submission of duly completed documents.

  • Certificate of incorporation on change of name can be purchase from SSM online portal (mycoid) with the prescribed fee.

d. notify on change of company name

The company can furnish the certificate (with certified true copy) to related government authorities bodies (such as land office, mbjb, mbjbt and etc…) and bank for an update on such change.

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