Reserving a Company Name Without Registering a Company

Many aspiring business owners question if it’s feasible to reserve a company name without first forming an entity. Yes, it is possible to reserve a company name without first forming a legal entity. This can be accomplished by submitting a name reservation application to the appropriate state department or agency.

The proposed name of the business, the kind of entity the applicant intends to form, the length of the name reservation, and the applicant’s contact information are often requested in name reservation applications. Following approval of the application, the state agency or department will hold onto the name for a predetermined timeframe, often between 60 and 120 days, during which the applicant may register the business.

It is crucial to understand that reserving a company name in no way produces a legal entity. The corporation must be registered in order to become a legal entity. In order to register a business, formation documents like articles of incorporation or articles of organization must be filed with the appropriate state department or agency.

Can I then submit my own trademark application? Yes, you can submit your own trademark application. However, it is advised to work with a trademark lawyer to make sure the application is written and submitted correctly. To find out if the proposed trademark is open for use and registration, a trademark lawyer can also do a thorough search.

A sort of corporate entity that provides personal liability protection to its owners is an LLC, or limited liability company. On the other hand, a trademark is a sign, term, or phrase that is used to identify and set one good or service apart from others in the market. What method of trademarking is the least expensive?

Self-filing a trademark application with the United States Patent and Trademark Office (USPTO) is the least expensive approach to register a name or logo. Depending on the filing basis and the type of application, the filing fee for a trademark application ranges from $275 to $400 per class of goods or services. It is crucial to remember that the price of trademark registration can vary depending on a number of variables, including the application’s complexity and whether or not a trademark attorney is retained to help with the procedure. Does the $800 California LLC fee need to be paid the first year?

Yes, California LLCs must pay an annual franchise tax cost of $800. By the fifteenth day of the fourth month following the start of the LLC’s tax year, this charge must be paid. After the LLC is registered with the state, the first year’s fee is required by the 15th day of the fourth month.