HomeChange of Ownership or Legal Entity

Change of Ownership or Legal Entity

Changes in ownership, name, or legal entity can impact your certification status

Purpose

Changes in ownership, name, or legal entity can impact your certification status. To ensure continuity, organisations must notify RACERT in advance of any such changes.
This allows us to assess the impact and take necessary actions to maintain certification validity.
Change of </br>Name

Change of
Name

Modification of the registered or trading name.

Change of Legal Entity

Change of Legal Entity

Transition to a new legal structure.

Change of Ownership

Change of Ownership

Transfer of majority control or full ownership

Scope

This applies to all certified organisations undergoing:

Process & Requirements

01

Change of Ownership

A change in the majority shareholder(s) or full ownership must be reported to RACERT. This does not usually impact the legal entity or certification scope, but notification is mandatory.
Required Information:
Failure to notify RACERT may result in certification suspension.
02

Change of Legal Entity

If the organisation’s legal structure changes, certification cannot automatically transfer unless the new entity accepts full contractual, financial, and legal responsibilities of the certified organisation.
Required Information:
Where obligations cannot be transferred, a new certification application may be required.
03

Change of Name

If an organisation changes its trading or registered name without altering its legal entity, certification can continue under the new name, subject to notification.
Required Information:
Where obligations cannot be transferred, a new certification application may be required.

Certification, Simplified

Our process ensures that your organisation’s management system meets international standards while aligning with your business objectives.

Review & Approval

Based on the change type, RACERT will:
  • Assess compliance impact.
  • Conduct an audit (if necessary).
  • Update the certification record and issue an amended certificate.
Responsibilities
  • Certified Organisation: Provide prior notification and required documentation.
  • RACERT: Review the impact, conduct assessments, and update certification records.
Where obligations cannot be transferred, a new certification application may be required.
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