If you change the name of your company without informing the bank, your creditors, your secured creditors, your shareholders, the state corporation commission, and your firms statutory agent, you will run into some legal problems quickly.
The legal ramifications of changing your name is a ton of documentation, notification, and registration.
You're not really describing that much effort in the scheme of things: make a filing and notify several parties. Annual accounts are a far bigger burden, and they have to be done.
Would you say there are “no legal ramifications,” or that there are legal ramifications that don’t constitute “that much effort”? I’m left a little unclear from your posts.
The legal ramifications of changing your name is a ton of documentation, notification, and registration.