Using Inactive Business Name in Florida: Everything You Need to Know

Can I use an inactive business name in Florida?
For example, the name “”Business Enterprises, Inc.”” would not be available for use if there is an active limited liability company filed under the name “”Business Enterprises, LLC””. Names with an “”INACTIVE”” or “”INACT”” status are available. Names with an “”ACTIVE””, “”ACT””, or “”INACTIVE/UA”” status are not available for use.
Read more on wwwsunbiz.org

The success of any firm depends on selecting the appropriate business name. But what happens if you decide to close your company or stop using the name under which it was initially registered? Is it still functional? The solution is not simple in Florida.

What Is Revocation of Dissolution, Then?

Florida considers a company’s name to be open for registration by anybody when it dissolves. The firm owner may, however, apply for a reversal of dissolution if they decide they wish to alter their mind and resume using the name. Through this procedure, business owners can reopen their enterprise and keep using the name that was originally registered.

Can a Name of a Dissolved Company Be Registered?

The name becomes accessible for registration by anybody if a business owner does not request a revocation of the dissolution. To use the name once more, the company owner must file a new business name registration form. This can be accomplished by submitting the required documentation to the Florida Division of Corporations.

What Is an Inactive LLC, Also?

A company that has registered with the state but is not actively in operation is an inactive LLC. An inactive LLC is still regarded as a legal entity in Florida, therefore no one else may use the company name. On the other hand, if the LLC is dissolved, anyone can register the name.

Can I Shorten the Name of My Company?

Yes, Florida business owners are allowed to shorten the name of their corporation. The acronym must, however, match the name that is registered with the state. The abbreviation for “John’s Plumbing, LLC,” for instance, might be “JPLLC” or “John’s PL.”

In conclusion, it can be challenging to use an inactive business name in Florida. A revocation of the dissolution must be requested if the business owner wants to keep using their registered name after the business has been dissolved. The company name becomes accessible for registration to anyone if it is not reinstated. Business owners are allowed to shorten their company name, but it must be consistent with the official name. To be sure you are taking all the appropriate precautions to protect your company name, it is crucial to speak with a business attorney.

FAQ
Thereof, can you sue a dissolved llc in florida?

A disbanded LLC may indeed be sued in Florida. The LLC may still be held accountable for any unpaid obligations under contracts, laws, or agreements even after it has been dormant or dissolved. To sue a dissolved LLC in Florida, however, can be a difficult process that may call for legal counsel. It’s vital to remember that it could be difficult to recover any losses or debts from a dissolved LLC.

Consequently, are members responsible for llc debts?

The debts and responsibilities of an LLC are generally not individually liable for its members. Members could, however, be held personally responsible in some situations, such as when they directly guarantee the LLC’s debts or take part in dishonest or unlawful activity. It’s crucial to seek legal and financial advice if you want to fully grasp the particular liabilities attached to your LLC.

Leave a Comment