How to Change the Name of Your Singapore Company
Even after you have chosen a name for your Singapore-registered company, you may decide to change the name of your company for the following possible reasons:
- You want to re-name your company as part of a rebranding exercise; or
- Perhaps your business has evolved and you want to choose a name that is more representative of your company.
Read on to find out how you can change the name of your company.
1. Choose an Appropriate Name
The new name of your company must be appropriate. According to the Companies Act, the new name of your company cannot be:
- Identical to the name of any other company and/or registered business;
- Identical to a name reserved by another company and/or registered business; or
- Prohibited by order of the Minister of Finance.
For more details, please read our article about restrictions on the names of businesses here.
2. Apply for Approval of New Name with ACRA
After deciding on your new company name, you will need to submit a “Change in Company Information” application to the Accounting and Corporate Regulatory Authority (ACRA) for approval of the proposed company name.
Submitting the application online will require you to log into the BizFile+ website with CorpPass, which has replaced SingPass for businesses transacting with ACRA as of September 2018.
A step-by-step eGuide on how to navigate BizFile+ and change your company name is available here.
Please note that a filing fee of $15 is applicable.
3. Prepare and Pass a Special Resolution for the Change of Company Name
If ACRA approves the proposed new company name, you will need to pass a special resolution to change the company name. The following steps are required in order to pass such a special resolution:
- Prepare the written resolution to change the company name.
- Decide on a date for a general meeting. Then, inform all shareholders of the date of the meeting, as well as the proposal to pass the resolution to change the company name
- For a private company, 14 days’ written notice must be given for the meeting. However, the meeting can be held at shorter notice if members holding at least 95% of the voting rights agree to do so.
- At the meeting, members who collectively hold at least 75% of the voting rights must agree to the resolution to change the company name.
- A copy of the resolution has to be submitted to ACRA within 14 days of its passing. This may be done online through BizFile+ (“Notice of Resolution” transaction).
Your company name change will be updated after the resolution has been filed with ACRA. You will be issued a notice of incorporation under your company’s new name and the change of name will be effective upon the issue of that notice.
In order to check whether your company’s name has been changed, you can check your company’s name online on BizFile+.
4. You’re done! What’s next?
After you have changed your company name, you should make sure that the new name replaces your former company name in your company’s:
- Social media accounts
You should change your company’s rubber stamp to reflect the change in your company’s name.
If you have registered the old name of your company as a trade mark, you may wish to register a new trade mark for your company’s new name.
For the purpose of tax assessment, there is no need to separately inform the Inland Revenue Authority of Singapore (IRAS) about the change in your company name as IRAS will update its records based on ACRA’s records automatically.
However, if you are expecting correspondence from IRAS within 2 weeks of filing the change of company name with ACRA, you may wish to notify IRAS via MyTax Mail. For more information, please visit IRAS’ guide here.
Finally, please note that changing the name of your company does not change any of the company’s rights or obligations. For example, any debts owed by the company will still have to be paid notwithstanding the change in company name.
- What is a Nominee Director, How to Appoint and Other FAQs
- Independent Directors: Who are They and What is Their Role?
- Appointing Company Directors in Singapore: Eligibility, Process etc.
- Managing Director vs CEO in Singapore: Roles and Obligations
- Guide to Directors' Remuneration in Singapore
- Directors' Duties in Singapore
- Shadow Directors: Who are They and What Duties Do They Owe to the Company?
- How to Remove a Director from a Company in Singapore
- Removal and Resignation of Company Auditor in Singapore
- Appointing a Company Secretary: Roles and Responsibilities
- Appointing an Authorised Representative for Foreign Companies in Singapore
- Process Agents in Singapore
- Share Buybacks in Singapore: Procedure, Cost and More
- How to Split Shares (or Stocks) in a Singapore Company
- 2 Ways to Remove a Singapore Company Shareholder ASAP
- What are Treasury Shares? Guide for Singapore Companies
- Guide to Paid-Up Capital in Singapore (Is $1 Enough?)
- Preparing a Register of Shareholders for a Singapore Company
- How to Issue Shares in a Singapore Private Company
- Guide to Transferring Shares in a Singapore Private Company
- Your Guide to Share Certificates in Singapore: Usage and How to Prepare
- Shareholder Rights in Singapore Private Companies
- Shareholder Roles and Obligations in Singapore Companies
- Dividend Payments Guide for Singapore Business Owners
- Share Transmission: What Happens If a Shareholder Dies in Singapore?
- How to Reduce the Share Capital of Your Singapore Company
- Buy-Sell Agreements: How to Write & Fund Them in Singapore
- Oppression of Minority Shareholders
- Is Your Business Collaboration Competition Law-Compliant?
- Explained: Registered Filing Agent for Singapore Businesses
- Transfer Pricing Obligations of Singapore Companies
- Adhering to Trading Sanctions and Restrictions in Singapore
- Cyber Hygiene Compliance Guide for Singapore Companies
- Essential Regulatory Compliance Guide for Singapore Companies
- Dormant Companies and Their Filing Obligations in Singapore
- Anti-Money Laundering Regulations and Your Business: What You Need to Know
- Price-Fixing, Bid-Rigging and Other Anti-Competitive Practices to Avoid
- Legally Conducting Lucky Draws for Singapore Businesses
- Restaurant Inspection and Food Safety Rules in Singapore
- Does Your Company Need a Legal Team (In-House Counsel)?
- Acqui-Hiring of Singapore Companies: How Does It Work?
- How to Change the Name of Your Singapore Company
- Can Directors be Liable for Company Debts in Singapore?
- Company Loans to Directors/Shareholders in Singapore
- 3 Types of Insurance Every Singapore Business Needs
- Creating and Registering Charges in Singapore: Guide for Companies
- Guide to Effective Business Continuity Planning in Singapore
- Business Asset Sale & Disposal in Singapore: How Do They Work?
- Business Partnership Disputes in Singapore: How to Resolve
- How to Commence a Derivative Action on Behalf of a Company in Singapore
- Business Will: How to Pass on Your Business to Your Successors in Singapore
- Record-Keeping Requirements for Singapore Companies
- Company Constitutions in Singapore and How to Draft One
- Company Memorandum and Articles of Association
- Company Resolutions: What are They?
- Board Resolutions in Singapore
- Minutes of Company Meeting in Singapore: How to Record
- How to Set Up a Register of Controllers
- How to Set Up a Register of Nominee Directors
- Guide to Filing Financial Statements for Singapore Business Owners
- Filing Annual Returns For Your Business
- Carbon Tax in Singapore: What is the Rate and Who Must Pay?
- Laws and Penalties for GST Evasion in Singapore
- Singapore Corporate Tax: How to Pay, Tax Rate, Exemptions
- Start-Up Tax Exemption Guide for New Singapore Companies
- GST Registration: Requirements and Procedure in Singapore
- What is Withholding Tax and When to Pay It in Singapore
- Singapore Influencers: Here's How to Calculate Your Income Tax
- Tax Investigation of Tax-Evading Business Owners in Singapore
- Small Business Accounting Services in Singapore
- Company Audits in Singapore: Requirements and Exemptions
- Suspect a PDPA Data Breach? Here's What to Do Next
- Must You Notify PDPC About a Data Breach in Your Business?
- Data Room: Should Your Singapore Company Set Up One?
- Summary: Your Organisation's 10 Main PDPA Obligations
- Essential PDPA Compliance Guide for Singapore Businesses
- PDPA Consent Requirements: How Can Your Business Comply?
- Is It Legal for Businesses to Ask for Your NRIC in Singapore?
- Here's a 7-Step Plan for Companies to Prevent Unauthorised Disclosure When Processing and Sending Personal Data
- Cloud Storage of Personal Data: Your Business’ Data Protection Obligations
- GDPR Compliance in Singapore: Is it Required and How to Comply
- Appointing a Data Protection Officer For Your Business: All You Need to Know
- How Can Companies Dispose of Documents Containing Personal Data?
- Check the Do-Not-Call Registry Before Marketing to Singapore Phone Numbers
- How to Legally Install CCTVs for Home/Business Use in Singapore
- Is Web Scraping or Crawling Legal in Singapore?
- Legal Options If Employees Breach Confidentiality in Singapore
- Social Media Marketing: Legal Guide for Singapore Businesses
- Your Guide to E-commerce Website Terms of Service in Singapore
- Dealing with Defamation of Your Business: Can You Sue?
- Sending Email Newsletters That Comply With Singapore Law
- A legal guide to drafting a social media policy for your company
- Your Guide to a Media Release Form in Singapore
- Your Guide to an Influencer Marketing Agreement in Singapore
- Outdoor Advertising: How to Legally Display Public Ads in Singapore
- Applying for a Major Payment Institution Licence in Singapore
- Applying to the MAS FinTech Regulatory Sandbox
- Payment Services Act Licensing Guide for Fintech Businesses
- How to Get a Payment Service Provider Licence in Singapore
- Financial Adviser's Licence Guide for Singapore Businesses
- Capital Markets (CMS) Licence Requirements in Singapore
- How to Offer E-Wallet Services in Singapore: Licensing Guide
- Digital Payment Token Services Licence Guide in Singapore
- How to Legally Offer Crypto Services in Singapore
- How to Restore a Struck-Off Company in Singapore
- Claw-Back of Assets From Unfair Preference and Undervalued Transactions
- Should You Save or Close Your Zombie Company in Singapore?
- Voluntary Suspension of Business in Singapore: How to Handle
- Winding Up a Singapore Company: Grounds and Procedure
- Closing Your Singapore Business: What You Need to Settle
- Striking Off a Company
- Restoring a Company That was Struck Off Without You Knowing
- Dissolution of partnerships in Singapore
- What Should a Creditor Do When a Company Becomes Insolvent?
- How to File a Proof of Debt Against a Company in Liquidation
- Validation of Payments Made by Companies Being Wound Up