5 Steps to Change the Company Name of your Company
Making a change of corporate name is a crucial process that requires following certain legal steps to ensure its correct execution. Here we present a detailed guide to carry out this procedure effectively:
1. Verification in Public Records: Before making any decision, it is essential to verify in the Public Records if there is a company registered with a name similar to the one you wish to adopt. This will avoid possible observations by the Registrar and ensure the viability of the change.
2. Agreement at the General Meeting of Shareholders: Call a General Meeting of Shareholders where the change of company name is discussed and approved. This agreement must be amended in the company's bylaws to reflect the new name.
3. Name Reservation: Request the reservation of the new name, specifying that it is being done due to the change in corporate name. The Registrar will evaluate the request and, if accepted, will grant the reservation for a period of 30 calendar days.
4. Public Deed and Registration in Public Registries: The agreement adopted at the General Shareholders' Meeting must be submitted to a public deed before a Notary. Subsequently, present this deed in the Public Registries for registration. The Registrar has a period of 7 business days to carry out this registration.
5. Communication to SUNAT and Update in Corporate Books: Once the change in corporate name has been registered in Public Registries, the legal representative of the company must communicate this change to SUNAT to update the information in the RUC. In addition, make the corresponding annotation in the company's corporate books to keep the documentation updated.
Following these five steps guarantees a change of corporate name without legal and administrative setbacks, ensuring that the company can operate under its new identity officially and in accordance with current regulations.
