Hainan Company Name Change
Update time：2018-6-5 16:19:41 source：Tannet Views：599
Company name change is one of the common concerns which business owners may encounter. The company’s name is displayed on several types of official documents, such as its business license, company chop and tax registration certificate, any changes to this information must be filed with each respective governing authority.
In China, the importance of finding the right name is as true for companies as for individuals, as highlighted by name approval being the first step in establishing a company in China. But what happens when the name originally selected for your business, for one reason or another, needs to be changed?
How to change the company name in China
It is essential that companies duly prepare for each step in the process prior to filing an initial application, as deadlines at later steps are incurred by the completion of earlier ones.
First of all, a name change must be filed with the local State Administration for Industry and Commerce (SAIC) at which the company was originally registered. Where a change to the name of a parent company affects the registered information of its branch company(s), an application must also be filed for a change to the branch company’s registered information.
Secondly, the company must file an application with its original SAIC body of registration for a change of information on its business license. A decision will be issued by the authorities within 30 days of the receipt of an application.
Finally, after the name change has been registered, the company must then go about updating other documents on which its name appears, including various types of chops (financial chop, company chop, customs declaration chop, etc.), which must be newly carved and registered with the company’s local Public Security Bureau.
Considering the long handling time and the complicated processes, enterprises who have such demand are strongly advised to turn to professionals consultants. Tannet’s experienced consultants will be glad to assist and advice on how to approach your particular challenge.
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