HOW TO CHANGE OF COMPANY NAME?

HOW TO CHANGE OF COMPANY NAME?

Changing the Company Name

You can change your company name by passing a special resolution. It is a very straightforward process in Hong Kong. Moreover, if other changes such as a new company registered office address, or a new director/secretary. Then you have 15 days to update these changes with the Companies Registry. In case you’re approaching the deadlines of such obligations or a change of company name. Centre O can assist you in going through these processes. Also, we will complete them for you, giving you the chance to focus on developing your business here in Hong Kong.

Change of Company Name

When you find your Company Name is no longer suitable for your company’s latest activities. Or if you want to have a brand-new identity. Then you can change company by applying to the Company Registry.

Step 1: Choose the new company name.

Make sure the change of company name complies with the company name guidelines. And doesn’t seem like, or similar to, a company that already exists.

Company Name Guidelines (By the Company Registry)

  • You may input an English name, a Chinese name, or an English name & a Chinese name. But you can’t use the name which consists of a combination of both English and Chinese characters and letters.
  • As per English, the names of companies must be ended with a “Limited”, which in Chinese characters”有限公司”ended for the Chinese companies name.
  • Only traditional Chinese characters (繁體字) is allow for Chinese company names and it must be able to be found in the Kang Xi Dictionary (康熙字典) or Ci Hai Dictionary (辭海) AND also in the ISO 10646 international coding standard. Company Registry does not accept simplified Chinese characters.

Step 2: Passing a Special Resolution

At least 75% of shareholders who signed a document, are in favourite of the name change.

Step 3: Submit a Form to Company Registry

You have to submit a “Notice of Change of Company Name” form within 15 days of the special resolution being passed. The form can either be submitted through an online or hard copy to the Companies Registry Office, by visit in person or by posting. If you go for the mailing, please make a time buffer to allow the registry to receive it within a 15-day timeline. Or you can drop the form at the company registry office.

Step 4: Verifying by Company Registry

The Company Registry will go through your application for a change of company name. If it is approved, the registry will send you a Certificate of Change of Name either through a soft copy or a hard copy format. It depends on which format you submitted your application. When you receive the certificate, it means your company name is officially changed.

If your request is denied, the filing fee is non-refundable. So, it’s best to check with your company secretary if the name is available or not before you file an application.

Last, but not least, Centre O suggests you update your banks and payment gateway where your company accounts are kept, as well as your suppliers and clients. Nevertheless, do not forget to update your invoice payment details or online payment information and website.

For further information, please contact us.

You may want to read: Change of Registered Office Address for Hong Kong Limited Companies

Subscribe