diff --git a/src/conode/application/interfaces/repositories/role.py b/src/conode/application/interfaces/repositories/role.py
index ffe2111..9d8a2fe 100644
--- a/src/conode/application/interfaces/repositories/role.py
+++ b/src/conode/application/interfaces/repositories/role.py
@@ -2,6 +2,7 @@
 
 from conode.domain.company import CompanyId
 from conode.domain.role import Role, RoleId, RoleName
+from conode.domain.user import UserId
 
 
 class RoleRepository(Protocol):
@@ -10,6 +11,7 @@ async def delete(self, role: Role) -> None: ...
     async def create(self, role: Role) -> None: ...
     async def get_by_id(self, role_id: RoleId) -> Role: ...
     async def get_all_by_ids(self, roles_ids: list[RoleId]) -> list[Role]: ...
+    async def get_all_by_user_id(self, user_id: UserId) -> list[Role]: ...
     async def get_by_name_and_company_id(
         self, name: RoleName, company_id: CompanyId
     ) -> Role | None: ...
diff --git a/src/conode/application/manage_company/__init__.py b/src/conode/application/manage_company/__init__.py
new file mode 100644
index 0000000..5c2a208
--- /dev/null
+++ b/src/conode/application/manage_company/__init__.py
@@ -0,0 +1,3 @@
+from .update_company import UpdateCompanyInteractor, UpdateCompanyRequestDTO
+
+__all__ = ("UpdateCompanyInteractor", "UpdateCompanyRequestDTO")
diff --git a/src/conode/application/manage_company/update_company.py b/src/conode/application/manage_company/update_company.py
new file mode 100644
index 0000000..8b0d31b
--- /dev/null
+++ b/src/conode/application/manage_company/update_company.py
@@ -0,0 +1,38 @@
+from dataclasses import dataclass
+
+from conode.application.interfaces.repositories import CompanyRepository
+from conode.application.interfaces.transaction_manager import TransactionManager
+from conode.application.services import AccessControlService
+from conode.domain.company import CompanyId
+
+
+@dataclass(slots=True, kw_only=True, frozen=True)
+class UpdateCompanyRequestDTO:
+    description: str
+    name: str
+
+
+@dataclass
+class UpdateCompanyInteractor:
+    transaction_manager: TransactionManager
+    access_control_service: AccessControlService
+    company_repository: CompanyRepository
+
+    async def execute(
+        self, company_id: CompanyId, request: UpdateCompanyRequestDTO
+    ) -> None:
+        async with self.transaction_manager:
+            user = await self.access_control_service.get_authorized_user()
+
+            company = await self.company_repository.get_by_id(company_id)
+
+            await self.access_control_service.ensure_user_can_manipulate_company(
+                user, company
+            )
+
+            company.update(
+                name=request.name,
+                description=request.description,
+            )
+
+            await self.company_repository.update(company)
diff --git a/src/conode/application/services/access_control.py b/src/conode/application/services/access_control.py
index 3d57e5d..e3f2c22 100644
--- a/src/conode/application/services/access_control.py
+++ b/src/conode/application/services/access_control.py
@@ -18,6 +18,7 @@
 from conode.domain.context import Context
 from conode.domain.group import Group
 from conode.domain.role import (
+    OWNER_COMPANY_ROLE_NAME,
     EntityType,
     PermissionType,
     Role,
@@ -277,6 +278,20 @@ async def ensure_user_can_manipulate_groups(
                 company=company,
             )
 
+    async def ensure_user_can_manipulate_company(
+        self, user: User, company: Company
+    ) -> None:
+        roles = await self.role_repository.get_all_by_user_id(user.id)
+
+        for role in roles:
+            if (
+                role.name == OWNER_COMPANY_ROLE_NAME
+                and role.owner_company_id == company.id
+            ):
+                return
+
+        raise NotEnoughRightsError("Not enough rights to perform operation", None)
+
     def _ensure_user_admin(self, user: User) -> None:
         if user.system_role != UserSystemRole.ADMIN:
             raise NotEnoughRightsError("Not enough rights to perform operation", None)
diff --git a/src/conode/bootstrap/di/providers/application.py b/src/conode/bootstrap/di/providers/application.py
index 46ba0f6..06d7721 100644
--- a/src/conode/bootstrap/di/providers/application.py
+++ b/src/conode/bootstrap/di/providers/application.py
@@ -6,6 +6,9 @@
 from conode.application.detach_node_from_group import (
     DetachNodeInteractor,
 )
+from conode.application.manage_company import (
+    UpdateCompanyInteractor,
+)
 from conode.application.manage_context import (
     CreateContextInteractor,
     DeleteContextInteractor,
@@ -81,6 +84,7 @@ class ApplicationProvider(Provider):
         GetCurrentUserInteractor,
         GetContextByIdInteractor,
         GiveRoleToUserInteractor,
+        UpdateCompanyInteractor,
         VerifyCompanyInteractor,
         DeleteContextInteractor,
         CreateContextInteractor,
diff --git a/src/conode/domain/company/model.py b/src/conode/domain/company/model.py
index 57306fb..18f1ca4 100644
--- a/src/conode/domain/company/model.py
+++ b/src/conode/domain/company/model.py
@@ -80,6 +80,9 @@ def new(
             updated_at=now,
         )
 
+    def update(self, *, name: str, description: str) -> None:
+        self.name = CompanyName(name)
+        self.description = CompanyDescription(description)
+
     def verify(self) -> None:
         self.verified = True
-        self.touch()
diff --git a/src/conode/domain/role/__init__.py b/src/conode/domain/role/__init__.py
index 288d145..742bd46 100644
--- a/src/conode/domain/role/__init__.py
+++ b/src/conode/domain/role/__init__.py
@@ -1,4 +1,5 @@
 from .model import (
+    OWNER_COMPANY_ROLE_NAME,
     EntityType,
     PermissionType,
     Role,
@@ -10,6 +11,7 @@
 )
 
 __all__ = (
+    "OWNER_COMPANY_ROLE_NAME",
     "EntityType",
     "PermissionType",
     "Role",
diff --git a/src/conode/domain/role/errors.py b/src/conode/domain/role/errors.py
index 398935e..ac47df3 100644
--- a/src/conode/domain/role/errors.py
+++ b/src/conode/domain/role/errors.py
@@ -5,3 +5,6 @@ class RoleDomainValidationError(ApplicationError): ...
 
 
 class InvalidRoleNameFormatError(RoleDomainValidationError): ...
+
+
+class CannotCreateRoleWithThisNameError(RoleDomainValidationError): ...
diff --git a/src/conode/domain/role/model.py b/src/conode/domain/role/model.py
index 7305c3d..f3813ee 100644
--- a/src/conode/domain/role/model.py
+++ b/src/conode/domain/role/model.py
@@ -7,7 +7,10 @@
 from conode.domain.company import Company, CompanyId
 from conode.domain.context import ContextId
 from conode.domain.group import GroupId
-from conode.domain.role.errors import InvalidRoleNameFormatError
+from conode.domain.role.errors import (
+    CannotCreateRoleWithThisNameError,
+    InvalidRoleNameFormatError,
+)
 from conode.domain.shared import Entity, ValueObject
 
 RoleId = NewType("RoleId", UUID)
@@ -15,6 +18,7 @@
 
 MIN_ALLOWED_ROLE_NAME_LENGTH: Final = 1
 MAX_ALLOWED_ROLE_NAME_LENGTH: Final = 50
+OWNER_COMPANY_ROLE_NAME: Final = "owner"
 
 type RolePermissionEntityId = ContextId | CompanyId | GroupId
 
@@ -62,6 +66,11 @@ def new(cls, role_id: RoleId, name: str, company: Company) -> Self:
         )
 
     def change_name(self, name: str) -> None:
+        if name == OWNER_COMPANY_ROLE_NAME:
+            raise CannotCreateRoleWithThisNameError(
+                "Cannot create role with this name",
+                [{"key": "name", "value": name}],
+            )
         self.name = RoleName(name)
         self.touch()
 
diff --git a/src/conode/infrastructure/repositories/role.py b/src/conode/infrastructure/repositories/role.py
index 8efb168..1a7524f 100644
--- a/src/conode/infrastructure/repositories/role.py
+++ b/src/conode/infrastructure/repositories/role.py
@@ -7,8 +7,9 @@
 from conode.application.errors import RoleNotFoundError
 from conode.application.interfaces.repositories import RoleRepository
 from conode.domain.company import CompanyId
-from conode.domain.role import Role
-from conode.domain.role.model import RoleId, RoleName
+from conode.domain.grant import UserGrant
+from conode.domain.role import Role, RoleId, RoleName
+from conode.domain.user import UserId
 
 logger = structlog.get_logger()
 
@@ -46,6 +47,22 @@ async def get_all_by_ids(self, roles_ids: list[RoleId]) -> list[Role]:
 
         return roles
 
+    async def get_all_by_user_id(self, user_id: UserId) -> list[Role]:
+        logger.debug("Repository get roles by user id", user_id=user_id)
+        result = await self.session.execute(
+            select(Role)
+            .join(UserGrant, UserGrant.role_id == Role.id)  # type: ignore
+            .where(UserGrant.user_id == user_id)  # type: ignore
+        )
+
+        result_roles = list(result.scalars().all())
+        logger.debug(
+            "Repository fetched roles by user id",
+            found_count=len(result_roles),
+        )
+
+        return result_roles
+
     async def update(self, role: Role) -> None:
         logger.debug("Repository update role", role_id=role.id)
         await self.session.execute(
diff --git a/src/conode/presentation/schemas/company.py b/src/conode/presentation/schemas/company.py
index 5470060..ee6fb03 100644
--- a/src/conode/presentation/schemas/company.py
+++ b/src/conode/presentation/schemas/company.py
@@ -35,3 +35,20 @@ class RegisterCompanyRequest(BaseModel):
             max_length=MAX_ALLOWED_COMPANY_DESCRIPTION_LENGTH,
         ),
     ]
+
+
+class UpdateCompanyRequest(BaseModel):
+    name: Annotated[
+        str,
+        Field(
+            min_length=MIN_ALLOWED_COMPANY_NAME_LENGTH,
+            max_length=MAX_ALLOWED_COMPANY_NAME_LENGTH,
+        ),
+    ]
+    description: Annotated[
+        str,
+        Field(
+            min_length=MIN_ALLOWED_COMPANY_DESCRIPTION_LENGTH,
+            max_length=MAX_ALLOWED_COMPANY_DESCRIPTION_LENGTH,
+        ),
+    ]
diff --git a/src/conode/presentation/views/company.py b/src/conode/presentation/views/company.py
index d2194b0..cf0b4cd 100644
--- a/src/conode/presentation/views/company.py
+++ b/src/conode/presentation/views/company.py
@@ -3,13 +3,21 @@
 from dishka.integrations.fastapi import DishkaRoute, FromDishka
 from fastapi import APIRouter
 
+from conode.application.manage_company import (
+    UpdateCompanyInteractor,
+    UpdateCompanyRequestDTO,
+)
 from conode.application.register_company import (
     RegisterCompanyInteractor,
     RegisterCompanyRequestDTO,
 )
 from conode.application.verify_company import VerifyCompanyInteractor
 from conode.domain.company import CompanyId
-from conode.presentation.schemas.company import CompanySchema, RegisterCompanyRequest
+from conode.presentation.schemas.company import (
+    CompanySchema,
+    RegisterCompanyRequest,
+    UpdateCompanyRequest,
+)
 
 router = APIRouter(tags=["companies"], prefix="/companies", route_class=DishkaRoute)
 
@@ -35,6 +43,18 @@ async def register_company(
     )
 
 
+@router.put("/{company_id}", status_code=HTTPStatus.NO_CONTENT)
+async def update_company(
+    company_id: CompanyId,
+    request: UpdateCompanyRequest,
+    interactor: FromDishka[UpdateCompanyInteractor],
+) -> None:
+    await interactor.execute(
+        company_id,
+        UpdateCompanyRequestDTO(name=request.name, description=request.description),
+    )
+
+
 @router.patch("/{company_id}/verify", status_code=HTTPStatus.NO_CONTENT)
 async def verify_company(
     company_id: CompanyId,
diff --git a/tests/e2e/company/test_update_company.py b/tests/e2e/company/test_update_company.py
new file mode 100644
index 0000000..b1dfb37
--- /dev/null
+++ b/tests/e2e/company/test_update_company.py
@@ -0,0 +1,44 @@
+from http import HTTPStatus
+
+import pytest
+from httpx import AsyncClient
+
+from tests.factories.common import authorization_headers
+from tests.factories.models import CompanyFactory, UserFactory
+from tests.factories.schemas import UpdateCompanyRequestFactory
+
+
+@pytest.mark.asyncio
+async def test_update_company_ok(
+    transport: AsyncClient, user_factory: UserFactory, company_factory: CompanyFactory
+) -> None:
+    user = await user_factory.build()
+    company = await company_factory.build(owner=user.user)
+
+    request = UpdateCompanyRequestFactory.build()
+
+    response = await transport.put(
+        f"/companies/{company.id}",
+        json=request.model_dump(),
+        headers=authorization_headers(user.access_token),
+    )
+
+    assert response.status_code == HTTPStatus.NO_CONTENT
+
+
+@pytest.mark.asyncio
+async def test_update_company_without_corrent_rights(
+    transport: AsyncClient, user_factory: UserFactory, company_factory: CompanyFactory
+) -> None:
+    users = (await user_factory.build(), await user_factory.build())
+    company = await company_factory.build(owner=users[0].user)
+
+    request = UpdateCompanyRequestFactory.build()
+
+    response = await transport.put(
+        f"/companies/{company.id}",
+        json=request.model_dump(),
+        headers=authorization_headers(users[1].access_token),
+    )
+
+    assert response.status_code == HTTPStatus.FORBIDDEN
diff --git a/tests/factories/schemas/__init__.py b/tests/factories/schemas/__init__.py
index 1f1a812..f47886c 100644
--- a/tests/factories/schemas/__init__.py
+++ b/tests/factories/schemas/__init__.py
@@ -1,4 +1,4 @@
-from .company import RegisterCompanyRequestFactory
+from .company import RegisterCompanyRequestFactory, UpdateCompanyRequestFactory
 from .context import CreateContextRequestFactory
 from .edge import CreateEdgeRequestFactory
 from .group import CreateGroupRequestFactory
@@ -19,6 +19,7 @@
     "CreateGroupRequestFactory",
     "CreateNodeRequestFactory",
     "RegisterCompanyRequestFactory",
+    "UpdateCompanyRequestFactory",
     "UpdateCurrentUserProfileRequestFactory",
     "UpdateNodeRequestFactory",
     "UpdateUserProfileRequestFactory",
diff --git a/tests/factories/schemas/company.py b/tests/factories/schemas/company.py
index 269d2d6..0d2e7d1 100644
--- a/tests/factories/schemas/company.py
+++ b/tests/factories/schemas/company.py
@@ -1,7 +1,14 @@
 from polyfactory.factories.pydantic_factory import ModelFactory
 
-from conode.presentation.schemas.company import RegisterCompanyRequest
+from conode.presentation.schemas.company import (
+    RegisterCompanyRequest,
+    UpdateCompanyRequest,
+)
 
 
 class RegisterCompanyRequestFactory(ModelFactory[RegisterCompanyRequest]):
     __use_examples__ = True
+
+
+class UpdateCompanyRequestFactory(ModelFactory[UpdateCompanyRequest]):
+    __use_examples__ = True