What are the steps for a business owner in Florida to legally change the name of their company?
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To legally change the name of a business in Florida, there are several steps that need to be followed. These steps are as follows:
Step 1: Choose a New Name for the Business
The business owner needs to choose a new name for the company. This name should be unique and not currently in use by another business in the state. The business owner should conduct a search on the Florida Division of Corporations website to ensure that the new name is available.
Step 2: File Articles of Amendment with the Division of Corporations
Once the business owner has selected a new name, they must file Articles of Amendment with the Florida Division of Corporations. This form can be submitted online, by mail, or in person. The form must include the following information:
- The current name of the business
- The new name of the business
- The date the name change will be effective
Step 3: Receive Approval from the Division of Corporations
After submitting the Articles of Amendment, the Division of Corporations will review the form for accuracy and completeness. If everything is in order, the Division will issue a Certificate of Amendment, which confirms the name change. The business owner should receive this certificate within 2-3 weeks.
Step 4: Update Business Records
Once the business owner has received the Certificate of Amendment, they should update all business records with the new name. This includes updating the company's website, business cards, bank accounts, and any business contracts. The business owner should also inform employees, customers, and vendors of the name change.
Lastly, it is important to note that there may be additional steps required depending on the type of business and its legal structure. For example, if the business is a corporation, the business owner may need to file additional documents with the Division of Corporations. Additionally, the business owner should check with any local or state agencies and update any licenses or permits that may be affected by the name change. It is always recommended that a business owner seeks the advice of a licensed attorney to ensure compliance with all legal requirements related to the name change process.
