What is the fee for a change of company name?

The correct fee for a change of company name is $10. In many jurisdictions, including West Virginia, there are prescribed fees associated with administrative tasks such as changing a business's name. This fee is set by the governing regulatory body that oversees business practices, and it reflects the administrative costs associated with processing the name change.

Choosing $10 aligns with the typical costs established for such changes, which involve potential updates to records, issuance of new documentation, and other related administrative functions. The importance of knowing this fee is essential for brokers and business owners, as it ensures compliance with state regulations and helps in planning financial resources for administrative changes.