Individual that can make an application for name reservation for a Private Company
Anybody either a professional user or an individual user which had registered with MyCoID account can apply for a company’s name search application via MyCoID.
- Individual User:
- If the user type is individual, the applicant is required to become a promoter during application and reservation for availability of names and incorporation.
- Individual users are not allowed to withdraw. Additional promoter can be made.
- Professional User:
- This user can submit the application on behalf of the client.
- If only one promoter stated during reservation of name and that promoter want to withdraw himself, the professional must submit a new application and reservation for availability of names together with new fees, and state the reason for re-application.
- If only one promoter wishes to withdraw and other/s remain unchanged, there is no need to submit a new application. The applicant can proceed with the incorporation of a company.