Task:                     

[07.030-ADGM] - CORP SUPPORT # ADD/CHANGE TRADE NAME

Purpose:             

To be used by incorporated operational companies, partnerships and branches that intend to change/remove their existing trade name or wish to have a trade name.

Legal Entities:    

Companies, Partnerships

Questions:         

1) Do we have access to the client’s entity on the KOUNTED dashboard? If not, an ORS form needs to be filed first to gain access because only users with authority over the entity can file this request.


2) Does the company have an existing trade name?


3) Does the company want to add or remove a trade name?

Pay Attention:   

1) Foundations are passive vehicles and don’t have trade names.

                               

2) The trade name may be different from the legal name.

                               

3) Supporting documents must be certified as true copies not more than 3 months ago and foreign language documents must be accompanied by a certified legal translation to the English language.

                               

4) An entity may register several trade names for 1 commercial license, e.g. a retail store may be licensed to sell several brands from 1 retail space.

                               

5) Check the ADGM public register for similar trade names.

Submission:       

Online via the ADGM RA portal https://newreg.adgm.com/

Timeline:             

This application must be submitted by a registered company/partnership before using the new trade name

Timeframe:        

KOUNTED 2-3 working days for drafting including drafting the online application


ADGM: 3 -5 working days, but the ADGM RA reserves the right to return the application for revision/further clarification, which would increase the review timeline.

Supporting documents:

·         Resolution approving the trade name or change of trade name

·         Document evidencing approval to use the trade name (e.g. Franchise Agreement, Trademark Registration, No objection certificate from the owner of a similar trade name or brand)

Applicable Legislation:   

                               

ADGM Commercial Licensing Regulations https://en.adgm.thomsonreuters.com/sites/default/files/net_file_store/ADGM1547_16481_VER20240401.pdf                               

KOUNTED Fees:

Please add the KOUNTED fees

ADGM Fees:      

USD 0/-

Fines:                   

None.


LINKED FILES: