Businesses are only allowed to interact or transact with their target market using the name that was filled out during formation. When you change your business name, you have to file an amendment article that has been approved before you can use it. The name changing process is usually termed entity name amendment.
Companies or start-up businesses are to file their change of name request to the articles of incorporation. The incorporation reviews the article of amendment and decides whether it is approved or not. On approval, the name change can be assumed by the organizations board of directors or the start-up’s managers, unless otherwise stated.
Changing a name depends of various factors, one of which is the accessibility of the name
Any change in company name has to be unused by another business. The incorporation in the state where the business is formed goes through state records to find out if the name has already been used. If this is the case, your article of amendment will not be approved.
Our service helps make things a lot easier by ensuring that you don’t run into this glitch. We perform the proper research necessary to discover if your new name has already been used, before submitting the article of amendment.
When filing an article of amendment with us, we ensure that you leave us with some back up names in case the first name you chose is not available. After running our name search, if the names given to us match the names of businesses in the system, we will contact you for more options.
If you don’t want to file an article of amendment but would still like to change your company name, filing a trade name works just as well. The trade name simply means you will have a tag “doing business as” attached to your business name.
On approval, you have to notify the IRS and other agencies as the change in name only extend to your businesses; things like federal tax or any licence created in the old business name remains the same.