Outsourced Company Secretarial
The outsourced company secretarial service allows you to outsource your company formations to our team of chartered company secretaries at OmniPro, so you can be confident of a high-quality, cost-effective and timely service, delivered by people who understand company law.
Change Of Company Name
A client of yours may need a change of company name if it no longer accurately describe the business; it could be a legacy surname; perhaps they are facing a trademark infringement or ownership issue; or the company name is, in some way, holding back the brand. There are almost as many reasons for changing a company name, as there are different types of business.
Unfortunately, this isn’t the most exciting or rewarding work for an accountant, and it can seriously eat into the hours that could be more profitably spent helping your clients to grow their business.
But at the same time, it is important. The consequences of persistent late filing may include prosecution of the company and/or its directors, and/or the involuntary strike-off and dissolution of the company.
Even a single annual return filed late is likely to result in penalties and loss of audit exemption for your client. This is something that you will want to avoid, as auditing small and micro entities can be particularly challenging, and if your client is reluctant to pay, you may be left facing the financial burden of the audit. Therefore, if you do opt to outsource your annual compliance work, you will want to be sure to place it with a safe pair of hands.
Email us or call us today on 053-9100000 to have your client’s new company name in operation as soon as possible. We look forward to working with your practice.
How We Can Help
Regardless of the motivation, we can look after the process for you, in compliance with CRO requirements. Section 30 & Section 191 (1) of the Companies Act 2014 state that a company may change its name by special resolution, with the approval by the Registrar of Companies, signified in writing.
To change the name, we simply require a copy of the company’s current constitution, its statutory register or a copy of last annual return filed, and a copy of the original constitution, together with the proposed new name and the date from which it should become effective.
Approval of The New Name
We cannot confirm any company name until the Change of Name has been registered and the Certificate of Change of Name has been issued. The CRO operates a very strict policy on company names. We can check your client’s proposed new name(s) against CRO criteria and advise on whether it is likely to be approved. To avoid disappointment, we would advise the client to have at least three options for the new name.