After checking your proposed company name is available, the next step is to get them reserved with the Accounting and Corporate Regulatory Authority (ACRA).
It is important to note that usage of words such as bank, insurance, university, and education in a company name could be subjected to control and regulation by Government authorities. This will require permission and appeal before you can proceed to set up the company. The appeal process will take 1 to 14 days in general.
Even after approval, the Registrar still has the discretion to direct you to change your company name if anyone lodges a valid complaint within 12 months of your incorporation.
A company name can be reserved for up to 120 days before registering the business. There are a few ways which a business name can be reserved.