In order to prevent other people from using the same name, reserving a business name is a crucial step in creating a company. The procedure for reserving a business name in Connecticut is simple and can be completed online. A step-by-step tutorial for reserving a company name in CT is provided below:
You must select a name that is not in use before reserving a business name. Using the company name search tool provided by the Connecticut Secretary of State, you may determine whether a name is available. Once you have identified a name that is available, you can continue with the reservation procedure.
Step 2: Finish filling out the reservation form You must finish the Reservation of Name form in order to reserve a business name in Connecticut. The website of the Connecticut Secretary of State contains this form. Along with the name you want to reserve, you must also include your name, address, and phone number.
Step 3: Submit the Fee
In Connecticut, reserving a company name costs $60. This cost may be paid online using a credit or debit card.
Step 4: Fill up and submit the form You can submit the Reservation of Name form online after completing it and paying the price. Your request will be examined by the Secretary of State’s office, who will let you know via email if it has been granted.
Can Two Companies Use the Same DBA Name? Two companies cannot use the same DBA (Doing Business As) name in Connecticut. The town clerk where the business is located registers DBA names, and the town clerk forbids two enterprises from using the same name. However, if two companies are registered as distinct sorts of entities (for instance, one as a corporation and the other as an LLC), it is feasible for them to share the same legal name.
In conclusion, CT offers a straightforward online approach for reserving a company name. It is a crucial step in launching a company since it prevents other people from using the same name. The same legal name may be shared by two firms in Connecticut if they are registered as separate types of entities, but they cannot use the same DBA name in Connecticut.