Company registration is the process through which a business can turn into a registered company through which a person can make some legal deals and can make profits. It is a dream of almost every businessman that one day they take their business to new heights and it all starts from getting it registered as the company. However, turning a normal business into a company means getting it registered with the government organizations that are responsible for it.
The registration process can include a large number of formalities that the person who is the owner of the business needs to fulfill, but it can also vary from place to place. When it comes to registering a company in Singapore then you should understand that the name of the company is something that can bring a big change to your registration process. That means they can either allow you to go further or may reject your application.
The name of the company
Well, it is damn clear to you also that the name of the company is also the heart and soul of the company. And when the business will get registered with its name and turn into a company it will also become a legal entity in the eyes of law. So, naming your business and your company is just like naming your son or daughter.
However, people usually are aware of the fact that there are many small general points that they should keep in the mind like pronunciations, simple, short, and all other things that a person ses while naming someone. But, to meet the legal obligations of getting the name registered as the company they will probably have to deal with many other things which are the factors or you can say conditions of the authorities that you can find at https://www.pilotoasia.com/guide/singapore-company-registration.
You can get to know about some of them mentioned below:-
- No identical names
Well, many people have a plan to fool the citizen by keeping some identical name of the company working successfully. Like every one of you is pretty much aware of the fact that has famous and successful company is Facebook, now there is a chance that the people who are trying to create an application might try to name their company as Faceboook. Since the only difference between both the names is that one has an extra O in it. Such things are usually observed because people try to steal the customer base of the people who are actually working in that area without any doubt.
- No previously reserved names
Now there are some of the conditions where you might come up with a completely unique name in your ideas but some other company might have got it registered before you. Or even if they have not got it registered then also there is a chance that you might face an issue because they might have got it pre-booked for their company and business. Since the name is pre-booked it will not be allotted to you and your business.
- NO vulgarity
The Singapore authorities are really very much strict in their rules and laws and one thing that you should understand clearly is that your company name that you are thinking off should not include any vulgarity. Yes, people try to get names that are vulgar and obscene in nature just to catch the eyes of people. But it is something that will close your road to getting the registration done.
Considering these three points mentioned above you have got an idea about what are the things that you are supposed to do and what are the things that are a big No in naming your company. Once you name the company according to the requirement you are probably going to get all other steps done without any hassle.