3
HOW TO CHOOSE A COMPANY NAME ? ? There are specific legal issues to consider before you move forward. You will need to register your company name with ROC, the Registrar of Companies, Ministry of Corporate Affairs. It is important to note that a company name is not the same as a business name. A company name is not the same as a business name! A company name is a legal name and appears on all official documents and legal papers. A business name, also known as a trading name is the name that customers know your business by. A company name can be the same as a business name however it is most common that have a different legal and business name. An example of a legal name is ‘LawPath Operation Pty Ltd’ and an example of a business name is ‘LawPath’. If your company name is not exactly the same as your business name then you must notify ASIC to link the names. You don’t have to use your business name when choosing a company.

How to Choose Company A Name

Embed Size (px)

Citation preview

Page 1: How to Choose Company A Name

HOW TOCHOOSE ACOMPANY NAME

??

There are specific legalissues to considerbefore you move

forward.

You will need to registeryour company name

with ROC, the Registrarof Companies, Ministry

of Corporate Affairs.

It is important tonote that a company

name is not thesame as a business

name.

A company name is not the same as a business name!

A company name is a legal name and appears on all official documentsand legal papers. A business name, also known as a trading name isthe name that customers know your business by.

A company name can be the same as a business name however it ismost common that have a different legal and business name. Anexample of a legal name is ‘LawPath Operation Pty Ltd’ and anexample of a business name is ‘LawPath’. If your company name is notexactly the same as your business name then you must notify ASIC tolink the names.

You don’t have to use your business name when choosing a company.

Page 2: How to Choose Company A Name

Company NameAvailability

The first step is to check if yourproposed company name isavailable. MCA21 Name Availability can beused to confirm whether thename is available for registration

Acceptable CompanyNames

To be approved as a company name, itmust be unique and distinct from allother company names. It should not befalse, misleading, offensive, or otherwiseillegal matter.

It should not be false, misleading,offensive, or otherwise illegal matter.

What about identical orsimilar company names?

Legal disputes can result in cases ofidentical or similar company names.

It’s your responsibility to consider theproblems that a similar name could incur.

Trademark and Copyrights are alsoconsidered for the Name Approval of yourCompany.

Page 3: How to Choose Company A Name

Your Proposed Company Namewill be Approved if:

Prefix (First) word in the Company Name shouldbe distinct and unique example Expedia, Inbredia

The Name should not be misleading, obsceneor offensive to the public

The Name should be as per Ministry ofCorporate Affairs's Name Approval Guidelines.

The Name should must have a BusinessDescription in it example Travels, Apparels

Are you ready to incorporate?

9-555-247-000

[email protected]

eFiling Portal, Sector 27 Gurgaon 122009 HR IND

Registering a company with eFilingPortal.in is safe, simple and takes justminutes to complete upload your documents and information on the portal.

You can start your business in an efficient manner as all legal, financial andtaxation issues will be taken care by eFilingPortal.in

Upload Your Documents Now !