Adding CO to your Business Name: What You Need to Know

You might be wondering if you can add CO to your company name as a business owner. CO stands for “Company” and is frequently used in company names to indicate that the firm is a corporation. The legal makeup of your company will, however, determine whether or not you can add CO to your business name.

You cannot add CO to your business name if it is a sole proprietorship or a partnership. Partnerships and sole proprietorships cannot be corporations and cannot utilize the CO label since they are not regarded as separate legal entities from their owners.

You can add CO to your company name if it is an LLC or corporation. Corporations and LLCs can be identified as independent legal entities from their owners by adding the letter CO to the business name.

It’s crucial to understand that simply adding “CO” to your company name won’t turn it into a corporation. You must submit the necessary documents to your state and fulfill all incorporation procedures in order to become a corporation.

In order to conduct business under a name other than their legal name, solo owners and partnerships need a DBA (Doing Business As). DBAs don’t offer any liability protection because they aren’t separate legal entities from their owners.

An LLC (Limited Liability Company) offers liability protection for its owners and is a separate legal entity from them. By submitting articles of organization to the state and paying the filing fee, LLCs are created.

You must submit a fresh registration with the Pennsylvania Department of State in order to modify a fictitious company name in Pennsylvania. The previous false name, the new fictitious name, and the owner’s name and address should all be included in the new registration. In light of this, does PA charge an annual LLC fee?

Yes, the state of Pennsylvania requires corporations and LLCs to submit yearly reports to the Department of State. The reports must include details about the company’s officers, directors, and registered agent and are due by April 15th of each year.

In conclusion, only corporations and limited liability companies should add CO to their business names. The CO designation is not available to partnerships or sole proprietorships. You must submit a new registration form to the Pennsylvania Department of State if you want to modify your fictitious business name in that state. LLCs must also submit yearly reports and pay an annual fee in Pennsylvania.