Can company name be changed without changing the MOF registration or if a new registration is required?
Reply
On the change of company name, a company incorporated under the Companies Act 1965 ("CA") may change its name pursuant to the provisions of Section 23 of the CA.
A business registered under the Registration of Business Act 1956 ("ROBA") cannot change its name as there is no specific provision under the ROBA allowing for a change of name to be made.
A business owner should also take note that after 12 months from the date of expiry of the registration for a business, renewal of registration may be allowed with the same name but a new business registration number will be assigned. In cases of change in company names, the documents reflecting the change may then be sent to the Ministry of Finance as proof for the change of name.
However, SSM is embarking on a holistic review of the "ROBA" which will include a provision to enable the change of name