A business name reservation consists of a filing with the Secretary of State’s office to reserve a business name until you are ready to incorporate your business or form a Limited Liability Company. Generally, a name reservation will be effective and the name that you place on reserve will be on hold for 30-90 days.
What does it mean to reserve a business name?
Reserving the name allows you to protect it for a certain period of time — usually 120 days, although the exact time period does vary a bit depending on your state. During that period, no one else can incorporate under the name you’ve chosen.
How do I reserve a name for an LLC?
How to Reserve a Business Name. Once you have settled on a name for your California LLC or corporation, you can reserve the name by submitting a Name Reservation Request. This form can be mailed to the Secretary of State or delivered in-person. There is a $10 filing fee for all Name Reservation Requests.
Can you reserve company name?
Unfortunately, Companies House will not allow you to reserve a company name. However, you have the option of setting up a company and keeping it in a ‘dormant’ state (i.e. a company which is not trading).
Can I reserve a company name without registering a company?
Any company may be registered with or without a company name. If a reserved name is not included in the initial application, the company will be registered with its enterprise number. A name may be added at a later stage through a name amendment.
What is the next step after reserving a company name?
After reserving your business name, you should file your business formation documents (i.e., articles of organization for new LLCs or articles of incorporation for new corporations) with the secretary of state before the expiration of the time period for your name reservation.
How long can you reserve a company name?
TIME PERIODS FOR THE RESERVATION OF A COMPANY NAME
Most people want to register the Company in any case as fast as possible, but it is good to know that the name can be reserved for 6 months if one needs it to be reserved while you get your affairs in order.
Do you automatically get approved for the business name you’ve requested?
Q3Do you automatically get approval for the business name you’ve requested? Why or why not? Your name reservation does not automatically get approved. If the Secretary of State determines that another business is already using that name, your request will be rejected and you will be directed to select another name.
Where can I check if a business name is taken for free?
Use the USPTO’s free trademark database and to get yours registered. Simply go to http://www.uspto.gov/main/trademarks.htm and click “Search.” Then follow the instructions you see on the screen.
What is needed when registering a company?
The Notice of Incorporation, which is lodged with the MoI, contains the following information:
- Type of company.
- Incorporation date.
- Financial year-end.
- Registered address (main office)
- Number of directors.
- Company name.
- Whether the company name will be the registration number.
- The reserved name and reservation number.
How do I get my business name approved?
An application in the prescribed manner and on payment of applicable fees is to be submitted with the Ministry of Corporate Affairs. After reviewing the application for availability of your proposed company name, the Ministry of Corporate Affairs shall either approve or reject the same.
Can I register a Ltd company and not use it?
There is no way that you can reserve a company name without forming a limited company under that name. Let’s take a look at a few steps to take during your planning stages that may help you to put some measures in place to secure the best possible trading name for your new company.