Is it Possible to Have the Same Company Name as Another Business?

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Can I have a company name that already exists?
In many instances, you can register the same business name in your own state, or in any other state, so long as it is not in the state where the business name already exists. This practice is typically accepted for many types of small, local businesses.
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Legal problems and confusion can arise when a company uses the same name as another one. So, is it feasible for one business to use the same name as another? No, is the response. It is impossible for two companies to share the same name. Each company must have a distinct name that is not already being used by another company. How Do I Look Up Business Names?

It’s crucial to look up business names before deciding on one for your company. With the help of the USPTO Trademark Electronic Search System (TESS), you can conduct an online search for company names. You can use this system to look for both pending and registered trademark applications. On the website of the Secretary of State for the state where you intend to register your firm, you can also do a search for company names.

How Can I Freely Copyright a Name?

To receive copyright protection, you do not have to register your company name with the Copyright Office. All original works of authorship, including company names, are immediately protected by copyright laws. However, you can register your company name with the Copyright Office in order to prevent infringement. Do You Have Copyright on a Name?

A name cannot be copied righted. Original works of authorship, such as literary, artistic, and musical works, are protected by copyright laws. However, you can secure your company name by filing for trademark protection. A trademark is any word, phrase, symbol, or design that serves to identify and set one party’s products or services apart from those of other parties.

What Qualifies as an LLC?

Limited Liability Company is known as LLC. It is a form of business entity that combines partnership simplicity and tax advantages with the liability protection of a corporation. Due to the fact that an LLC is regarded as a separate legal entity from its owners, this renders the owners immune from being held personally responsible for the debts and liabilities of the company.

Therefore, having the same company name as another company is not permitted. Before settling on a name for your company, it’s crucial to conduct a business name search utilizing the USPTO Trademark Electronic Search System (TESS) and the website of the state’s secretary of state. By filing for trademark protection, you may safeguard the name of your company. Due to the fact that an LLC is regarded as a separate legal entity from its owners, this renders the owners immune from being held personally responsible for the debts and liabilities of the company.

FAQ
One may also ask how much does it cost to register a business name in minnesota?

The Secretary of State in Minnesota charges $50 to register a business name. Nevertheless, depending on the sort of business, there can be additional costs for various registrations and permits. For advice on the particular requirements and charges for registering a business name in Minnesota, it is advised to speak with a lawyer or accountant.

Does a small business need to be registered?

Yes, in order for a small firm to operate legally, it must register with the relevant governmental bodies. This includes filing taxes, getting any required licenses and permissions, and registering for a business name. Small businesses that are not properly registered may face fines and other legal repercussions.

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