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Сhanging a business name, address, changes in the ownership

Home Сhanging a business name, address, changes in the ownership

Throughout its activity, the business undergoes all sorts of changes associated with business development, which is often associated with a change in composition of shareholders, names, an increase or decrease of authorized capital.

In accordance with requirements of legislation, such changes require appropriate registration with authorized bodies. This process is called re-registration.

The most common grounds entailing re-registration of legal entities, as noted above, are:

  • Changes in the composition of the participants;
  • Change of a name of a business entity;
  • Changes in an authorized capital.

Re-registration of company with registering authority is preceded by adoption of appropriate decisions by supreme body of legal entity within a framework of procedure that meets requirements for convening and making decisions, the conclusion of a transaction for the transfer of shares in the authorized capital.

The process of re-registration of a legal entity is also associated with the introduction of amendments to the constituent documents.

Another process associated with changing the constituent documents of legal entities and the provisions of structural divisions is called registration of amendments and additions to the constituent documents that do not entail re-registration of the company.

Changes and additions to the constituent documents and the provisions of structural divisions arise in cases of changes in the legal address, the existing version of the charter, for example, the competence of the executive body or general meeting, types of activities, etc.

It should be noted that companies that are the subject of medium or large business, along with the submission of other documents, must also submit the Charter in a new edition, taking into account the changes made, for registration with the justice authorities.

Our lawyers will provide qualified assistance in re-registration of a legal entity, registration of amendments and additions to the constituent documents, provide comprehensive legal support, prepare the necessary documents, represent your interests when concluding a transaction on the transfer of shares in the authorized capital, as well as in justice authorities.