There are several changes which can be made to a Cypriot company. Some of them are mandatory, while others are decided by the shareholders. Among the frequent changes made in a Cypriot company is the change of its legal address, however, it is possible for the owners to also change the company’s trading name.
When changing a Cypriot company’s name there are several steps to consider and a few requirements to comply with. Below, our company formation consultants in Cyprus explain the main requirements related to changing a company’s name. We can also help with such a procedure.
The first and most important thing to consider when opening a company or making changes in a Cypriot company is to comply with the requirements of the Company Act. Another law which must be respected when choosing and reserving a company name in Cyprus is the Partnerships and Business Names Law.
The following aspects need to be considered when reserving a trade name in Cyprus:
If you want to open a company in Cyprus and need more information on how to properly choose or change the business name, our local advisors are at your disposal with specialized services.
There are various situations which can determine the shareholders of a Cyprus company to change the trade name. Among these, the change of the business direction of the company is often a reason, however, there are also other situations which can lead to such a change in the company.
When merging or being acquired with/by another company, the Cyprus business will be required to make various amendments, including that of the trade name.
Nowadays, rebranding is part of most companies’ actions to improve their business image and this often leads to a change in the trade name.
There are also particular situations of foreign companies operating under branches in Cyprus: in this case, the branch office cannot change its trade name, unless the parent company does that.
For complete information on the legitimate reasons under which a Cypriot company’s name can be changed, you can ask our company registration agents.
There are several steps which need to be completed when changing a Cypriot company’s name. Among these:
Changing a Cypriot company’s name is not complicated, as the procedure can be completed in a matter of days. The business owners, however, will need to consider that the new name must comply with the same regulations imposed by the law when choosing a new trade name.
If you decide to open a company in Cyprus and need information on all the requirements to comply with, our representatives can provide you it. We can also assist with the entire company registration procedure, including if you decide to change any information about your Cypriot company.
For a few years now, Cyprus has imposed itself as one of the most important economies in Europe and the European Union. Among the reasons it is worth investing in Cyprus, we mention the following:
If you need assistance in starting a business or changing your Cyprus company’s name, please contact our local consultants.