Title: Guide for choosing the right name for your Singapore Company
1Guide for choosing the right name for your
Singapore Company
The name of a company plays a monumental role in
a brand's growth and perception, meaning it can
completely make or break a company. It is the
first thing that is registered in your consumers
minds and that establishes a brand reputation in
the long run. To help you choose the right name
for your Singapore company, here is a guide that
will not only help you in understanding the role
of a company name in Singapore but it also lists
the step-by-step procedure you can use to find a
great name for your companys brand positioning.
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3Importance of Singapore company names
- In Singapore, getting the approval of your
company name is a prerequisite before you can
start your Singapore company registration. This
means that the process of company incorporation
in Singapore begins only if the name is approved
and reserved. If the name that you have selected
is found to be a duplicate or disqualified, then
the company incorporation process will be stopped.
4- According to Section 27 (1) of the Companies
Act, except with the consent of the Minister, a
company shall not be registered by a name if it
fulfills either one of the following points - is undesirable
- is identical to that of any other company,
limited liability partnership or corporation, or
to a business name or - is a name of a kind that the Minister has
directed the Registrar not to accept for
registration. - How do you choose a suitable company name
then?
5Pointers for choosing the right Singapore company
name
- To help you in choosing the right name for
your company, here are some points that you must
bear in mind while you are in the process of
brainstorming your companys names - Make sure that your proposed company name is not
obscene or includes religious connotations. - Make sure that the proposed company name is not
identical to any registered name of a company,
corporation, business, partnership, limited
liability partnership
6- Make sure that the proposed name is not identical
to any reserved name as per the Business
Registration Act 2014, Limited Liability
Partnership Act or Limited Partnership Act - If the name has certain words like bank,
insurance, university and education, it
could be subjected to control and regulation by
the government authorities and will require
permission before you can proceed to set up a
company in Singapore.
7- For private companies in Singapore, the company
names will be subjected to section 29 of the
Companies Act which states - 1. A private company shall have the word
Private or Sendirian as part of its name,
inserted immediately before the word Limited or
Berhad or, in the case of an unlimited company,
at the end of its name.
8- Usage of abbreviations like Pte. instead of
Private or Sdn. in place of Sendirian as
part of the companys name are allowed by law as
well. - 2. has the same meaning as and therefore
when comparing names the words and and shall
be considered to be the same.
9How to check for your company names
availability
- As there are several laws, guidelines and
rules that govern which Singapore company name
can be approved, there are things you can do to
check the availability of respective name before
filing the application for approval
10- Do some research by typing the name that you want
and see if such a company name already
exists. Eg. If the proposed name is PC Trading,
possible ways of checking can be the use of
variations during your search PC, P C, P.C, P
and C, etc. - 2. Search for similar company names, but in
different sequence. For example if the proposed
company name is marketing express, also search
for express marketing
11- 3. Search for names with similar
pronunciations/phonetic sounds and see if it
conflicts with your proposed name, Pi See, or Pi
Ci for instance. - 4. Search names having nearby words such as PC
transport and PC transportation search for names
having similar words such as PC Traders or PC
Trade, just to name a few.
12Getting your name checked by experts
- As there are so many names that already exist,
your search for a new company name may be
subjected to various guidelines and rules in
place and put through a rigorous process of
application and approval.
13- This is where Precursor comes in to help,
offering free name availability service where you
not only get to know whether your company name
can be approved by ACRA, but also receive
consultancy about choosing alternate names,
thereby making it easier for you to incorporate a
company in Singapore efficiently. All that you
need to do is to tell us your proposed company
name and our experts will be in action to provide
all the support that you need.
14- For More information visit this link
-
- http//precursor.com.sg/guide-choosing-right-name-
singapore-company/
15Contact us
- Precursor Group Pte ltd.
- Address 60 Albert Street 14-04 OG
- Albert Complex Singapore
- (189969)
- Phone (65) 63365500
- Email id clients_at_precursor.com.sg
- Website http//precursor.com.sg
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