Guidelines for Choosing a Company Name

Posted in Category(ies): Companies Registration Office, Company Name Change, Latest NewsLeave a Comment on Guidelines for Choosing a Company Name
Van-Geraghty
Company Secretarial Services | Corporate Governance | Compliance Tel: +353 (0) 505 34101 Email: vgeraghty@komsec.ie  

A Company Name cannot…..

  • Be identical to another one on the CRO Register
  • Be confused with a name on the CRO Register (consider spelling/phonetics)
  • Be offensive
  • Imply state state sponsorship
  • Have the word “standard” in the title

In addition…..

  • Some terms/words are not considered sufficiently distinctive e.g. & Co or Company, Associates, Place Names etc
  • A number on its own will not be accepted as a sufficient distinguishing mark, unless the company concerned is part of the same group
  • The use of a year in numerals to differentiate between two companies of otherwise the same name is prohibited
  • Some words/terms require permission from the relevant authority e.g. “bank”, “co-op” “Architect” “Regional Technical Collage” and “University”
  • Avoid names like “holding” or “group” unless it is a holding company or a company within a group

Usefully…..

  • If the Company name is similar to another on the CRO Register, the CRO will usually accept the name if it can provide a “Letter of No Objection” with your incorporation documents
  • If the Company name you want is not sufficiently distinguishable and you can’t get a letter of “No Objection”, you will need to insert additional words in the title e.g. “Smith Jones Motor Sales Limited” distinguishes itself from “Smith Jones Limited”.
  • If the CRO accidently registers a name and an objection is raised on the grounds of similarity with another company name (within 6 months of incorporation) the CRO can instruct you to change the name (section 30 Companies Act 2014).

The CRO does not check proposed company names against names on the business names register and the trade mark register. Consequently, if in doubt,  check these registers to ensure that your name choice doesn’t  conflict with a business name or trade mark since any person claiming to have a right to that name could take an infringement action or a civil passing off action to protect his/her interest.

You can undertake a search of the trade mark register at the Intellectual Property Office of Ireland.

 

4 Key Essentials to Changing your Company Name

Posted in Category(ies): Company Name Change
Van-Geraghty
Company Secretarial Services | Corporate Governance | Compliance Tel: +353 (0) 505 34101 Email: vgeraghty@komsec.ie  

4 Key Essentials to Changing your Company Name

1. How to change your Company Name?

  • Directors to approve name change

  • Shareholder(s) to approve name change

  • File statutory Form G1Q in Companies Registration Office

  • Assuming name approved the Registrar will issue a Change of Name Certificate

 

2. Can I choose any name I like?

No, there are guidelines, e.g. a name will not be permitted if it is:

  • exactly the same as, or, too like another name on the register

  • offensive

  • suggests state sponsorship

 

3. Guidelines for choosing a name

  • The following are not considered sufficiently distinctive: service, company, corporation, place names.

  • Avoid phonetically similar names

  • The use of numbers to distinguish between companies with identical names is forbidden, as is the word “standard”

  • Use additional words for distinction

Certain words may need pre-approval from other sources, e.g. the use of the word “bank” must be approved by the Central Bank.

 

4. Finally, a word of caution

Your chosen name could be rejected, so hold off ordering new headed paper until you have received the Certificate of Change of Company name!

 

In my next blog, I’ll give you a useful checklist to refer to after your name has been changed.

If you’ve any questions, please ask by using the comment box below.

 

 

Change of Company Name Checklist

Posted in Category(ies): Company Name Change
Van-Geraghty
Company Secretarial Services | Corporate Governance | Compliance Tel: +353 (0) 505 34101 Email: vgeraghty@komsec.ie  

In our last blog we looked at the guidelines around choosing a company name.

Today, we give you a useful checklist for reference once you have changed your company name.

Remember, when a company changes its name it must show the previous name for one year from date of change. For example “Heavens Name Limited [formally Good Name Limited}”

  1. Company Secretarial Issues
  • Update Company Registers
  • Display change of Name Certificate
  • Purchase new company seal
  1. Stationery
  • Graphic design for new logo/branding
  • Headed paper
  • Business cards
  • Domain Name
  • Email address
  • Fax auto answerback
  • Franking machines
  • Name badges
  1. Listings
  • Telephone Directory
  • Domain name listings
  • Subscriptions to trade magazines
  1. Internal Documents
  • Check all internal documents i.e.
  • Accounting Documents i.e. Invoices, Purchase orders, Statements
  • Accounting software
  • Internal Memos
  • Voicemail
  • Email signatures
  • Employment Contracts
  • Training material
  • Office Templates
  1. Bank
  • Advise your Bank
  • Cheques and statements
  • Credit & Debit Cards
  1. External
  • Leasing agreements
  • Insurance policies
  • Contracts
  • Links to external Websites
  • Licences
  • Social Media
  • Linkedin
  • Twitter
  • Facebook
  • Pinterest
  1. HR
  • Employee handbooks
  • Pension benefits
  • Recruiting Templates/Job Descriptions
  • Internal awards
  • Health Insurance
  1. Sales & Marketing
  • Website
  • Presentation Templates
  • Golden Pages
  • Telephone Directory
  • Packaging
  • Sales literature
  • Brochures
  • Flyers
  1. Professional Advisors
  • Accountants
  • Auditor
  • Solicitors
  1. SIGNAGE
  • Vehicles
  • Premises