As a business owner, you can come across a situation where you need to rename your company. Changing the name of your company in Colorado is a simple procedure, regardless of whether it’s motivated by a change in ownership, a rebranding initiative, or simply a desire for a new beginning. What you must do is as follows:
1. Verify Name Availability
Before changing the name of your company, ensure sure the new name is available. On the website of the Colorado Secretary of State, you can determine whether your selected name is available. You’ll need to pick an alternative name if the one you want is taken.
The second step is to submit a Statement of Change of Principal Office or Change of Registered Agent. You must submit a Statement of Change of Principal Office or Change of Registered Agent to the Colorado Secretary of State once you’ve made sure your new name is available. This form can be submitted online or by mail. This form has a $10 filing charge.
3. Update Your Business paperwork
You must update your business paperwork with your new name after filing your Statement of Change of Principal Office or Change of Registered Agent. This includes your operating agreement (if you’re an LLC), your articles of incorporation, and any other legal documents that make mention of your company name. 4. Update Your Business Name Elsewhere Finally, make changes to your company name everywhere else it appears. This applies to all of your marketing products, such as your website, social media accounts, business cards, and others. You must also let your clients, suppliers, and other stakeholders know about your new name. Is an EIN Required in Colorado? The IRS issues an Employer Identification Number (EIN), a special nine-digit number, to identify your company for tax purposes. You will require an EIN if your business has workers or is taxed as a corporation or partnership. It’s a good thing that obtaining an EIN is free.
Who Are the Company’s Owners?
You don’t need to worry about this question if you are the single proprietor of your company. However, you must mention any partners or stockholders in your legal paperwork if you have any. The public can see this data on the website of the Colorado Secretary of State. How Can I Determine whether a Company Is Legitimate? There are various actions you may take if you’re thinking about doing business with a company and want to make sure it’s legitimate. Make sure the company’s website and social media profiles are up to date and professional-looking first. To confirm that the business is legitimate and registered, you can also visit the website of the Colorado Secretary of State. In order to find out what other clients are saying about their interactions with the business, you can also examine online reviews and ratings.