Can I Register A Business Name And Not Use It
Forming sure concern entities, filing an assumed name, or registering a trademark can beget you concern name protection.
After choosing a business organisation proper noun for your new company, you will want to register it to foreclose others from using information technology. At that place are several means to reach this.
Determining the best way to register a concern proper name will take into consideration several factors, such as the business organization structure, the geographical expanse in which the visitor will operate, and the extent of protection needed.
How to Register a Business Name
The three means a business may register a proper noun are:
- Form a business entity, such as a corporation or limited liability company (LLC).
- Annals the business concern name as an assumed name or DBA ("doing business as").
- Register the business proper name as a federal trademark.
Non all businesses tin use all 3 of these methods, and some may use more than one.
The choices may vary depending upon whether the business concern is structured as a sole proprietorship, some form of partnership, an LLC, or a corporation.
To illustrate the possibilities, we will explore the various options of a fictional business organisation. In our case, Robert Hansen opens a residential dwelling rental business concern after buying 1 house for this purpose. He begins by operating as a sole proprietorship and uses the name "Robert Hansen, Property Rentals" for the business. In time, Robert acquires more properties and decides he wants a new name for his business.
Forming a Business organisation Entity
I option for Robert is to create a corporation or an LLC. To do so, he must file certain registration documents with the advisable state agency. This requires the business to cull its legal name.
Land laws prohibit a company from using a proper name that is already being used past some other visitor. So, part of selecting a name involves checking the state's records to be sure another company is not already using the desired name.
Robert wants to utilize the name "Sunrise Properties" and determines that proper noun is available. He might file articles of incorporation nether the proper name "Sunrise Properties, Inc." Or, he might file articles of system under the name "Sunrise Backdrop, LLC." This would prevent other companies from using the name "Sunrise Properties" in his state.
Creating a corporation or LLC but provides protection in the state of registration. If Robert decides to expand into another land, he may be able to annals his corporation in the new state, providing the name is non already registered in that location.
Registering an Assumed Proper noun
Any sole proprietorship, partnership, corporation, or LLC that does business organisation under a name other than its own, must register the other proper name as an causeless name.
This is often done with a canton bureau, simply may be with a state agency in some states. This is called a fictitious proper name in some locations and is also commonly referred to as a "doing business as" or "dba" name.
If Robert wants to continue operating as a sole proprietorship, he may exist able to annals the name "Sunrise Backdrop" as an assumed name. Robert could so use the proper noun "Sunrise Backdrop."
Anyone checking the official records would be able to run across that his business is actually "Robert Hansen dba Sunrise Properties."
Causeless name registration is non limited to sole proprietorships. Let's suppose Robert forms Sunrise Properties, Inc., and decides to commencement a k maintenance business organisation that uses a different name. In this case, Sunrise Properties, Inc., might annals "Sunrise Lawn Services" every bit an causeless name. This would and so exist "Sunrise Properties, Inc., dba Sunrise Lawn Services."
Instead of forming a corporation or LLC, let'south suppose Robert takes on Laura Deever as his partner. Their partnership might register "Sunrise Properties" as their assumed proper name. Or, for another example, they might combine their surnames and register "Han-Dee Backdrop."
Assumed name registration normally only protects the proper name in the county where it is registered. If the business plans to operate in more than than i county, registration would be required in each county.
Trademark and Merchandise Name Registration
Trademark, trade proper name, or service mark protection may be bachelor on a statewide basis. The requirements for registration vary from country-to-state. Such registration must exist done in each state where the business organisation operates.
A more than complex, and commonly more than expensive, way of registering a business proper noun is by registering the proper noun as a trademark with the U.s. Patent and Trademark Office.
This provides nationwide protection of a business name. Federal trademark registration requires a search to be certain a similar proper noun hasn't already been trademarked, and in that location are detailed requirements and limitations relating to the ability to trademark a business name.
Determining the all-time manner, or ways, to protect your business proper name volition take into account the way you determine to structure your company, the type of appurtenances or services you lot offer, and the geographical range of your business organisation operations.
For many minor companies operating in only 1 land, organizing as a corporation or LLC may provide sufficient protection.
Can I Register A Business Name And Not Use It,
Source: https://www.legalzoom.com/articles/3-ways-to-register-a-business-name
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