Name change of existing corporation
Asked by: John - 27 February, 2013
We have an association which we incorporated in January of 2012 yet never did business. Is it better to disolve this business and incorporate my new business or will a name change work?
We have an association which we incorporated in January of 2012 yet never did business. Is it better to disolve this business and incorporate my new business or will a name change work?
Answered by: Robert Kowalski - 27 February, 2013
John,
It might be a good idea to change the name, since this way you don't need to spend money on dissolution and then spend more money on forming a new corporation.
With that being said, check how much you need to pay to renew this existing corporaiton, maybe its more cost effective to dissolve and form a new one after all.
John,It might be a good idea to change the name, since this way you don't need to spend money on dissolution and then spend more money on forming a new corporation.
With that being said, check how much you need to pay to renew this existing corporaiton, maybe its more cost effective to dissolve and form a new one after all.
