When you don’t include your real name in the title of the company that you own and run, the company will be known as a corporation under a fictitious or assumed name. To conduct business under this name, you need to register it with the commonwealth or notary department and obtain their permission. This permission is granted through a document known as the assumed name certificate.
Introduction to the Renewal of Fictitious or Assumed Name Certificate
When you first register a fictitious or assumed name with the notary department, you must submit specific documents along with registration fees. This registration is valid for a limited period, usually 6 months to 1 year. If you wish to continue operating under the same assumed name after this period, you need to renew the certificate. The renewal process involves reapplying and paying the necessary fees to extend the certificate’s validity.
Brief Description of the Renewal of Fictitious or Assumed Name Certificate
In many countries and states, registering a fictitious or assumed name for your corporation grants you a permission letter or certificate to operate under that name. This certificate is valid for a specific period, typically ranging from 6 months to 1 year. However, you can opt to register the assumed name for up to 5 years with additional fees. Many corporation owners prefer the shorter validation period and renew the certificate as needed. The renewal process is similar to the initial registration but requires additional documentation, such as the reasons for renewal and the articles of incorporation.
Key Elements to Include in the Renewal of Fictitious or Assumed Name Certificate
- Name of the Corporation: Include the complete address and contact numbers.
- Names of Owners or Partners: List all owners or partners in the corporation.
- Specific Assumed Name: The previously registered fictitious name.
- Formal Renewal Statement: Request to renew the assumed name certificate for another 6 months or 1 year.
- Articles of Incorporation: Provide the same documents as the initial registration.
- Business Details: Describe the business activities of the company.
- Reasons for Using Assumed Name: Explain why the corporation continues to use the assumed name.
- Reference Number: The registration reference number from the Commonwealth Department.
- Expiration Date: The date when the current certificate expires or will expire.
- Application Date: The date when the renewal application is being submitted.
- Bank Voucher Reference Number: The reference number for the renewal fee payment.
- Signatures: Include the signatures of the owners or partners of the corporation.
This structured guide ensures a clear understanding of the renewal process for a fictitious or assumed name certificate, emphasizing the necessary steps and documentation required for a successful application.
Here is a preview of a Free Sample Fictitious or Assumed Name Renewal Certificate Template created in fill-able PDF format,
Here is download link for this Fictitious or Assumed Name Renewal Certificate Template,
