Corporate Name Changes – How Are They Done?

Corporations may wish to change their names for a variety of reasons, including changes in lines of business and company re-branding. In order to change a corporate name, the corporation's Articles must be amended by preparing and filing Articles of Amendment.

The preparation and filing of Articles of Amendment is generally authorized by Special Resolution. Special Resolutions require the approval of a certain percentage of shareholders (generally 2/3 of the shareholders who voted in respect of the resolution). If the special resolution passes, the shareholders will authorize one or more directors or officersof the corporation to sign the Articles of Amendment. Once the Articles of Amendment are signed and filed with the appropriate government agency, the corporation is able to move forward with its name change from an operational perspective.

Corporate name changes are highly involved. Government forms must be properly completed and processed. A Name Search Report must also be generated to ensure there are no other companiesusing the name and to ensure that no similar trademarks exist in Canada. Eric P. Cohen, Barrister & Solicitor, an Ontario lawyer, is very knowledgeable in respect of corporate name changes and can assist with every step of the process. This helps to ensure that the name change process moves as smoothly and quickly as possible. Once the name change is complete, the company can continue its operations under the new name.

Articles on this blog are general in nature and are provided for informational purposes only. Use of this blog does not provide or replace individualized legal advice and does not create a solicitor-client relationship with our firm. Users who require legal advice on a particular matter should consult directly with Mr. Eric Cohen, Barrister & Solicitor, an Ontario lawyer or a competent lawyer in their Province or State.

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