What is the process for changing the name of a registered business in Puerto Rico?

Changing the name of a registered business in Puerto Rico involves a specific process managed by the Puerto Rico Secretary of State. First, the business owner must ensure that the desired new name is available and not already in use by another business. This can typically be verified by conducting a name search through the Secretary of State's official website or database. Once the new name is confirmed to be available, the owner must complete the necessary forms for the name change. Depending on the type of business entity, such as a corporation or a limited liability company, different forms may be required. The owner must fill out the appropriate form accurately, providing information about the current business name, the new name, and any other pertinent details regarding the business. After completing the form, the owner must submit it along with any required fees to the Puerto Rico Secretary of State's office. The fee amount may vary depending on the type of entity and the specifics of the submission. Upon processing the name change application, the Secretary of State will update the business records accordingly. The business owner should also ensure to update any licenses, permits, and registrations that may contain the old business name. For the most current information regarding forms, fees, and other requirements, it is beneficial to check the official web page of the Puerto Rico Secretary of State.