How to remove a deceased proprietor(s) from a Business Name

How to remove a deceased proprietor(s) from a Business Name

May 09, 2019

Where there are two or more proprietors registered as joint owners of a Business Name and one of them dies, the following steps will be required at the Corporate Affairs Commission (CAC) to ensure the surviving proprietor(s) can continue running the business;

  1. Duly completed application form.
  2. Duly completed form for removal of partners.
  3. Formal application for removal of partner(s).
  4. Copy of partnership agreement where applicable.
  5. Submission of original Business Name Form for cancellation.
  6. Death certificate of deceased proprietor.
  7. Updated Annual Returns.
  8. Payment of prescribed fees.

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  • What’s the difference between a business name and an LLC?
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    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

  • What is a trademark?

    A trademark can be any word, sign, symbol or graphic that you apply to your company, goods or services to distinguish them from those of your competitors; for example, a brand, product or company name, or logo. The trademark serves as a badge of origin for your business and its brands and products, and can consist of words, logos, slogans, colours and shapes, or a combination of all of these.

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