NAME CLEARANCE

Name clearance is a process of checking for the existence of a proposed company or business name. This is done to ensure that the proposed company or business accepted for registration does not exist or is not confusingly similar or misleading to the public.

  1. PREREQUISITE

    1. Name clearance guidelines: The following names are not allowed;
      1. A name that is too long and difficult to pronounce.

      2. A name that suggest that the applicant enjoys the patronage of the President.

      3. A name that is confusingly similar to what already exists or the same as a well-known name.

      4. Offensive or undesirable names. This means that a name should not be in form of an insult as this is against public policy.

      5. Deceptive or misleading names.

      6. Use of the word Zambia as a prefix

    2.  Name Clearance can be processed from any nearest PACRA office or on the website at www.pacra.org.zm

  2. PROCEDURE

    A maximum of three names can be proposed. The names will be considered in the order of listing. If the first choice is turned down, the second or third name may be considered. Once the name is accepted, it is automatically reserved for a period of 30 days. After 30 days the name clearance expires.
  3. FEES
    1. Business Name – K83
    2. Local Companies – K90
    3. Foreign Companies– K200
  4. FORMS
    1. An application for approval of a name can be made in writing or on a name clearance form (Companies Form 1 – Application for name clearance).
    2. This Form can be downloaded from www.pacra.org.zm

 

Read More At

PACRA NAME CLEARANCE