Glossary: Change Company Name

Change Company Name

Change Company Name or Change Corporate Name or Change Name of the Corporation - Your corporation may change its official name. After the so called Dot Com Bust of the late 1990s many Internet companies rushed to change their corporate names (by deleting the ".com" part of the corporate name). You can change your corporate name by first having your Board of Directors and Shareholders approve the name change (documented in the corporate minutes), then amending the Articles of Incorporation and then file the appropriate documents with the state of incorporation and any other state in which it has made foreign corporation filing. Before taking this step, consider the cost of new letterhead, business cards, marketing and sales materials, etc. and the effect of lost name recognition within your industry. An alternative to changing your corporate name might be to operate under a fictitious business name for certain product lines or services.

Disclaimer: The foregoing is intended to provide general information and may not be suitable in specific instances. The glossary information is not intended to be exhaustive, but rather to illustrate typical considerations. The material is provided with the understanding that it is not legal, accounting, tax or any other professional advice.

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