A trade name is a moniker that a company uses for commercial endeavors. The phrase “doing business as” (DBA) is another moniker for it. A company may use several trade names or DBAs. This is so that a corporation can run numerous business divisions or provide various services under various names. To utilize numerous trade names, a corporation must first comply with a number of legal restrictions.
A corporation must file a trade name registration with the Secretary of State or the county where it conducts business in order to utilize it. This is often done by submitting a DBA registration form or a statement of fake business name. The corporation must submit the name of the company, the name under which it will conduct business, and the company’s physical address as part of the registration procedure. Some states could also mandate that the business publish a notice of registration in a neighborhood paper.
A corporation in Georgia must submit a Trade Name Registration to the Clerk of Superior Court in the county where the business is located in order to obtain a DBA. By county, there are various registration fees. The corporation may use the trade name for legitimate business purposes after registration is complete.
Coca-Cola is a prime example of a trade name. The Coca-Cola Company has registered Coca-Cola as a trademark. However, the business also conducts business using the brand names Sprite, Fanta, and Minute Maid. These trade names each stand for a distinct line of goods or service that the business provides.
Although they are frequently used interchangeably, a trade name and a business name are not the same thing. The official name of a corporation or LLC is its business name. It is the name that is officially used and registered with the state. On the other hand, a trade name is a name that is used for branding and marketing. It is the name that is used on business cards, promotional items, and marketing materials.
A company must pick a name that is distinctive, memorable, and simple to say in order to create a trade name. Additionally, the name must be appropriate for the type of business and the goods and services provided. After deciding on a name, the corporation must register it with the relevant state or local authority. The corporation may be required to submit other information as part of the registration procedure, such as the identity of the owner or owners of the firm, the type of business, and the business’s physical address.
So long as they are registered with the relevant state or local agency, a corporation is permitted to use several trade names or DBAs. The corporation must submit specific information during the registration procedure, including the name of the company, the name under which it will conduct business, and the company’s physical address. A trade name is a name used for marketing and branding purposes; it differs from a business name. A corporation must select a name that is distinctive, pertinent, and simple to say before registering it with the right authority in order to generate a trade name.
In Georgia, changing your company name is possible. To do this, you must submit a name change application to the Georgia Secretary of State’s office. The application must specify the current name of the company, the new name that is preferred, and a declaration stating that the change has been accepted by the relevant business regulatory authority. The application has a filing cost, and depending on the kind of corporate entity involved, there can be extra requirements.