Although changing your company’s name can be a difficult undertaking, it may be important for a number of reasons, including rebranding, expansion, or to better reflect your company’s goods or services. This article will enlighten Arizona business owners on the rules and procedures they must follow in order to alter their company name.
Make sure your new name is available and not being used by another company in Arizona before you begin the process of changing your company name. You can utilize the online database maintained by the Arizona Corporation Commission (ACC) to see if your name is already taken. You’ll have to pick a different name if the first one is already taken.
You must get a Trade Name Registration with the ACC if your firm is a sole proprietorship or general partnership. A trade name is a name other than one’s legal name under which a person or company does business. There is a $10 registration fee, which can be paid online through the ACC website.
Step 3: Refresh Your Company Records You must update your company records with the Arizona Secretary of State once you have gotten your Trade Name Registration or if your business is an LLC or corporation. The process can be completed online or by mail, and it costs $25. Additionally, you must update any business-related licenses, permits, bank accounts, and other legal documents.
To market a drug to consumers, marketing and advertising materials should use the drug’s trade name. The trade name is a brand name that sets the product apart from competing goods. It’s also crucial to remember that the usage of a trade name does not take the place of the drug’s generic name, which is the non-proprietary name used to describe the medication’s active component. How can I locate the name of my medication?
On the product package or label, you can find the trade name of a drug. It is typically prominently printed on the front of the container or label, and it might also be combined with the drug’s generic name. Ask your pharmacist or healthcare practitioner if you are unsure of a medicine’s trade name.
Yes, you can file a lawsuit against a trading name if it’s connected to a company or limited liability company (LLC). The legal entity is accountable for the trading name’s acts and may be held legally liable. However, the business owner(s) may be held personally accountable if the trading name is connected to a sole proprietorship or general partnership. Can a lone proprietor use a trading name?
A lone proprietor can use a trading name, yes. A trading name is a name other than one’s legal name under which a person or company does business. However, if the company is a sole proprietorship, all legal papers and contracts must still be written under the owner’s legal name. A lone proprietor may be violating another company’s trademark or trade name if they employ a trading name that is identical to or confusingly similar to that of another company.
If a company’s preferred name is already in use or too close to another current business name in the state of Arizona, the state may mandate the use of a forced trade name in its place. This may occur during the registration procedure for a business name or if a rival company with a similar name files a complaint.