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Name change of existing corporation

Asked by: John - 27 February, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 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
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c 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.

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