business activity description announcement rejection and speed of legal validity of the change
<p>In a hypothetical scenario, Mr. Peter owns a company. He intends to change the business activity description, e.g. instead of chocolate he intends to sell tennis shoes.</p>
<p>Two questions please:</p>
<ol>
<li><p>Can such a change be rejected by the business register?</p>
</li>
<li><p>Can he start to manufacture and sell tennis shoes the very same day he announced the change?</p>
</li>
</ol>
<p>jurisdiction: EU</p>
<p>Thank you.</p>

<h2>The purpose of a company is not recorded on the register and, yes, it can be done immediately</h2>
<p><a href="/questions/tagged/australia" class="post-tag" title="show questions tagged &#39;australia&#39;" aria-label="show questions tagged &#39;australia&#39;" rel="tag" aria-labelledby="tag-australia-tooltip-container">australia</a></p>
<p>Unless the company is a <a href="https://asic.gov.au/for-business/registering-a-company/steps-to-register-a-company/special-purpose-companies/" rel="nofollow noreferrer">special purpose company</a>, it can do any legal thing it’s directors want it to do and it can do one thing on Monday and a different thing on Tuesday.</p>
<p>For example, the oil company Shell started out as an import-export business importing predominantly seashells.</p>

european-union business