In Washington State, changing your company name is possible. Nevertheless, the procedure differs based on the kind of company entity you have. If you operate as a lone owner, you can simply use a new name in your business dealings to alter your company name. To change your business name, you must submit a Business License Application to the Washington State Department of Revenue if you are a registered business.
A business’s operating name, which may differ from its legal name, is known as a trade name. If a business, for instance, operates under the name “XYZ Enterprises,” but its legal name is “ABC Corporation,” then “XYZ Enterprises” is the trade name. How do trading names operate?
Trading names enable companies to conduct business under a name other than their legal identity. This name is utilized for branding and marketing purposes and can aid companies in creating a distinctive identity in the market. What differentiates a trade name from a legal name?
The name that a company registers with the state government is known as its legal name. It is the name that is listed on all official papers, including tax returns and company permits. On the other hand, a company’s trade name is the name it employs for branding and marketing. Customers and clients recognize and associate themselves with it. How do you exchange names?
You must register the trade name with the state government in order to trade a name. By submitting a Business License Application to the Washington State Department of Revenue, you can register a trade name in Washington State. You can use your trade name for branding and marketing once it has been registered.
Finally, changing your company name in Washington State is a simple procedure. If you’re a one-person business, you can just switch to a different name. To change your business name, you must submit a Business License Application to the Washington State Department of Revenue if you are a registered business. A Business License Application must be submitted to the state government in order to register a trade name. Trading names also allow firms to operate under a name other than their legal name.