You can register your business name with the state if your name is available. By doing this, you’ll be able to prevent other companies from using your name in the future. Nevertheless, registering your company name does not grant you the sole right to use the name. You must register the name or emblem as a trademark to have exclusive rights. Can Two Companies Share the Same Name? If two firms are located in the same area and belong to the same industry, they often cannot share the same name. But this may change based on the state and the kind of business. For instance, if two LLCs are not in the same industry, they may share the same name in several jurisdictions. Do I Need a Business License in Illinois to Sell Online? Yes, a business license is required in Illinois if you intend to sell goods or services online. Additionally, you’ll need to pay taxes on any purchases you make in Illinois and register for the state’s sales tax. To make sure you’re in compliance with all rules, it’s crucial to research the particular requirements for your sector and location. In Illinois, how can I reserve an LLC? You must submit an Application to Reserve a Name with the Secretary of State in order to reserve an LLC name in Illinois. The name reservation is good for an extra 90 days and is renewable once. Once you’ve secured a name reservation, you can formally establish your LLC by submitting your Articles of Organization to the state.
In conclusion, picking a company name is a crucial first step in launching a new venture. It’s critical to confirm that the name is available and that it doesn’t conflict with any already-registered trademarks. Additionally, to make sure you are in compliance with all laws, it’s crucial to research the particular needs for your sector and location. You can launch your new business with confidence by adhering to these procedures.
Depending on the county where you are registering, a DBA (Doing Business As) in Illinois can cost different amounts. The price often ranges from $25 to $60. For more information on costs and specifications for registering a DBA in your area, it is recommended to contact the county clerk’s office in your neighborhood.
You can use the trademark electronic search system (TESS) on the US Patent and Trademark Office website to perform a quick search to see if a business name is already taken in the US. You can also inquire about the availability of business names and the prerequisites for registration with the Secretary of State’s office in your state. To see if the business name is already being used by another company, you may also look for it on well-known search engines and social networking sites.