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How can I add another name to my corporation registered in Ontario
To add another name to your corporation registered in Ontario, you would typically need to follow these steps:
- Check Availability: Ensure that the name you wish to add is available and not already in use by another corporation in Ontario. You can do this by searching the NUANS (Newly Upgraded Automated Name Search) database or conducting a preliminary name search on the Ontario government’s website.
- Prepare Necessary Documents: Prepare the necessary documents for adding another name to your corporation. This typically includes completing the appropriate forms, such as Form 3 (Articles of Amendment), which can be obtained from the Ontario government’s website or through your legal advisor.
- Complete Forms: Fill out the required forms accurately and completely. Make sure to include all relevant details, such as the existing corporation name, the new name you wish to add, and any other requested information.
- Submit Forms: Submit the completed forms, along with any required fees, to the Ontario government. You can typically do this online through the government’s website or by mail. Make sure to include payment for the processing fees.
- Wait for Approval: Once you have submitted the forms and fees, you will need to wait for the Ontario government to process your request. This typically takes a few weeks. You may receive confirmation of the name change by mail or email.
- Update Records: Once your request is approved and the new name is added to your corporation, make sure to update your records accordingly. This includes updating any business documents, contracts, licenses, permits, and bank accounts with the new name.
- Notify Relevant Parties: Inform relevant parties, such as clients, suppliers, and partners, about the name change to ensure a smooth transition.
It’s important to note that adding another name to your corporation may have legal and financial implications, so you may want to consult with a legal advisor or business consultant before proceeding. Additionally, the process may vary depending on the specific circumstances of your corporation, so it’s advisable to check with the Ontario government or a legal professional for guidance tailored to your situation.