An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). The Affidavit recites facts as to a change or changes to the name of a company.
The Puerto Rico Affidavit of Company Name Change is a legal document used by businesses operating in Puerto Rico to officially change their company's name. This affidavit is necessary when a business wants to update its registered name for any reason, such as rebranding efforts, mergers, or changes in ownership. This document is crucial for maintaining accurate and up-to-date records with the Puerto Rico Department of State and preventing any potential legal issues or confusion with customers, clients, and regulatory authorities. It serves as proof that the business has undergone a legitimate name change and ensures that all subsequent business transactions and contracts reflect the new company name. The Puerto Rico Affidavit of Company Name Change typically includes important details such as: 1. Business Information: The legal name of the company prior to the name change, the new desired name, and the entity type (e.g., corporation, partnership, LLC). 2. Effective Date: The date when the name change becomes officially recognized and effective. 3. Reasons for the Name Change: A brief explanation of why the company is undergoing a name change. 4. Board of Directors/Shareholder Approval: Documentation that shows that the company's board of directors or shareholders have approved the name change. 5. Required Signatures: The affidavit must be signed by authorized individuals, such as the company's CEO, president, or secretary, acknowledging and attesting to the accuracy of the information provided. 6. Notarization: The affidavit may need to be notarized by a licensed notary public, affirming the authenticity of the signatures. Different types of Puerto Rico Affidavits of Company Name Change may exist based on the specific entity type or industry. For example: 1. Puerto Rico Corporation Name Change Affidavit 2. Puerto Rico Limited Liability Company (LLC) Name Change Affidavit 3. Puerto Rico Partnership Name Change Affidavit 4. Puerto Rico Nonprofit Organization Name Change Affidavit Each of these affidavits would follow a similar structure and include the necessary information specific to the corresponding entity type. It is important to consult with legal professionals or the Puerto Rico Department of State for precise guidelines and requirements when preparing and filing the Puerto Rico Affidavit of Company Name Change, ensuring compliance with local regulations.
