Find the Most Essential Pointers to Pick a Company Name in Singapore
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If a proposed business name is too near, identical, or phonetically similar to an already registered company name, the Accounting and Corporate Regulatory Authority (ACRA) will either accept or reject it. Here are the Pointers to Pick a Company Name in Singapore.
- To proceed with incorporation in certain circumstances, you will require clearance from other government agencies, such as the Federal Deposit Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC), or the Department of Education.
- While naming your business, you should keep the following criteria in mind, according to the Accounting and Corporate Regulation Authority (ACRA).
- A company or business name submitted to the Singapore Registrar for consideration for incorporation, registration, or a name change will be rejected if it includes any of the words or phrases listed below.
The Registrar is authorized by the Minister to refuse any document that is similar to another, undesirable, or of a kind that the Minister has authorized the Registrar not to accept.
As a result, you must proceed with care and avoid choosing company names that sound too much like those of other enterprises. It is possible for the Registrar to order you to alter your company name if a competitor files a complaint within 12 months claiming that your name is confusingly close to their name and/or is likely to be mistaken for theirs.
There are also rules for companies and businesses that have identical names, in line with the updated sections of the Companies Act and the Business Registration Act, which were adopted.
Here’s a quick guide to naming your business in Singapore
A distinctive company name is a must when starting a firm. This article explains the most important considerations for naming a company in Singapore. Please take the time to go through it. Using our Singapore Company Name Check tool, you may find out whether your chosen company name has already been taken.
- According to the Accounting and Corporate Regulator Authority (ACRA), a proposed name might either be approved or rejected if it’s too similar to the name of a registered firm.
- It’s possible that other government agencies may need to approve the use of specific names like “bank,” “insurance,” or “education” before you can proceed with the incorporation procedure.
- You may reach one of our incorporation advisers at Tel: 65- 63201888 if you have any more questions about the name you’ve chosen for your firm.
- While naming your business, you should keep the following criteria in mind, according to the Accounting and Corporate Regulation Authority (ACRA).
A company or business name submitted to the Singapore Registrar for consideration for incorporation, registration, or a name change will be rejected if it includes any of the words or phrases listed below.
The Registrar is authorised by the Minister to refuse any document that is similar to another, undesirable, or of a kind that the Minister has authorised the Registrar not to accept.
Conclusion
As a result, you must proceed with care and avoid choosing company names that sound too much like those of other enterprises. It is possible for the Registrar to order you to alter your company name if a competitor files a complaint within 12 months claiming that your name is confusingly close to their name and/or is likely to be mistaken for theirs.