Maryland Change of company name
Description
How to fill out Change Of Company Name?
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FAQ
To be able to change the name, the first step will be to reserve the new name for your company. Consult the step by step guide on Name Reservation for assistance in reserving a name. Consult the step by step guide for Customer Registration for assistance in registering a customer code.
Generally, businesses need a new EIN when their ownership or structure has changed. Although changing the name of your business does not require you to obtain a new EIN, you may wish to visit the Business Name Change page to find out what actions are required if you change the name of your business.
Con: Rebranding Can Be Expensive and Complicated For instance, you'll need to notify the IRS and your local government to tell them that you're operating under a new business name. In addition, you'll also have to update anything that features your old business name, such as: Business licenses and permits.
To update your Maryland LLC's Articles of Organization, Articles of Amendment must be filed with the Maryland State Department of Assessments and Taxation. Filing Articles of Amendment requires a $100 fee, and can be done by mail or online.
Filing Articles of Amendment is the only way to notify the state of your desire to change the legal name of your business. They also demonstrate consent from essential members of your company, if director, shareholder, or officer ratification is required.
To transfer ownership of a Maryland LLC to someone else, you must first file articles of dissolution or amendment with the Maryland Department of Assessments and Taxation. Additionally, any other specific provisions or requirements in the LLC's operating agreement must be followed.
You must file your amendment with your name change with the Maryland Secretary of State along with the filing fee. You can submit it by mail, in person, or through Maryland's Business Express site online.
Before you embark on the naming process, let's recap some crucial factors to keep in mind throughout. Understand your business. ... Use descriptive words. ... Be literal. ... Choose a name style. ... Avoid hard-to-spell names. ... Tell a story. ... Get feedback on the name. ... Don't be too narrow.
