Companies and business names rules are changing

 

Companies and business names rules are changing

Are you aware that on 31 January 2015 the regulations for company and business names changed?

Fewer words are now regarded as ‘same as’ or ‘sensitive’, allowing directors more scope when naming their business.

‘SAME AS’

The words (and their Welsh equivalents) no longer regarded as the ‘same as’ another on the register include:

  • exports
  • group
  • holdings
  • imports
  • international
  • services

The review also includes an update to the list of permitted characters, signs, symbols and punctuation to include the use of accents and other diacritical marks.

While reducing the list, amendments have also been made to disregard words and expressions (including their Welsh equivalents), that are:

  • ‘& Co’
  • ‘& Company’
  • ‘and Co’
  • ‘and Company’

As well as, words and expressions which are used with brackets, meaning a name which was previously not the ‘same as’ because of the inclusion of brackets is now treated as ‘same as’.

‘SENSITIVE’

The ‘sensitive’ words and expressions (and where applicable Welsh and Gaelic equivalents) no longer includes:

  • abortion
  • authority
  • banknote
  • board
  • data protection
  • disciplinary
  • discipline
  • European
  • giro
  • group
  • holding
  • human rights
  • international
  • national
  • oversight
  • pregnancy termination
  • register
  • registered
  • registration
  • registry
  • regulation
  • rule committee
  • United Kingdom
  • Watchdog

For further information on this please view the Companies House website (https://www.gov.uk/government/news/changes-to-the-rules-for-company-and-business-names) or contact us.

Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.

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