After registration, check the current registered name, legal form, and identification number of each company involved. In a change of legal form, the same company continues, so its registration identifier generally remains unchanged. Its company name may nevertheless be changed or may need an adjusted suffix to reflect the new legal form. In a merger, the continuing acquiring company uses its current registration details, while a terminated transferring company may no longer act under its former details. If the reorganization creates a new company, it receives its own registration details. In a division, the identifiers of all continuing and newly formed companies must be clearly matched to the relevant entities using the registry extract. A trade name or brand may continue to be used commercially, but it is not the same as the official registered name or identification number. From the effective date, invoices, contracts, bank documents, powers of attorney, websites, and business documents must contain the correct company details. Inform business partners, banks, and authorities which company will act going forward and under which registration details. Keep previous and current registry extracts together so that the company’s succession can be traced.
Continuation of a Company Name and Registration Identifier After a Reorganization in Georgia
Whether a company name and identification number continue after a reorganization in Georgia depends on which legal entity survives, ends, or is newly formed. In a change of legal form, the company’s identity generally remains intact, while its registered name may be adapted to the new legal form.
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