Using a Dissolved Company Name: What You Need to Know

Can I use a company name that has been dissolved?
Can I use a dissolved company name? The names of dissolved limited companies can be registered by new and existing companies. There are no legal restrictions when choosing such a name. However, one important point you should consider is the reputation of the dissolved company.

Choosing a name is one of the most crucial tasks in launching a business. But what if a firm that has been dissolved has already claimed the name you want to use? Does that name still apply to you?

The quick response is no. A company’s name is no longer used by another corporation when it is dissolved. This is so that no one else may use the name without the company’s authorization as it is still regarded as its property.

There are a few choices accessible to you if you still wish to use a name that was previously used by a dissolved corporation. One choice is to get in touch with the business’s former owners and request authorization to utilize the name. If they approve, you may use the name provided you abide by any rules they may have established.

Utilizing a name variation is an additional choice. If the prior business was known as “ABC Corporation,” for instance, you may use “ABC Inc.” or “ABC Enterprises” instead. If you enjoy the name but want to give it your own unique spin, this can be a fantastic choice.

Let’s respond to some similar queries now:

How do I submit an organizational article?

To establish a limited liability corporation (LLC), a legal document known as an article of organization must be submitted to the state. In general, you must include information on the name of your LLC, the names and addresses of the members, and the names and addresses of the registered agent when you file an article of organization. The requirements for submitting an article of organization vary by state. The article of organization can typically be submitted online or by mail.

Does NC demand an operational contract?

Although it is not required by law in North Carolina, an operating agreement is strongly advised. A legal document known as an operating agreement describes who owns your LLC and how it will run. It can serve as a guide for how the company should be conducted and help members avoid disagreements.

The NC articles of organization are what?

To establish a limited liability company (LLC), a legal document known as the North Carolina articles of organization must be submitted to the North Carolina Secretary of State. The name of the LLC, the registered agent’s name and address, and the members’ names and addresses are normally included in the articles of organization.

How can I close my company?

You must submit articles of dissolution to the state in order to dissolve a business. This will formally terminate the company’s legal existence and tell the state that it is no longer in operation. Additionally, you must shut any bank accounts, revoke any business permissions and licenses, and notify all creditors and clients of the dissolution.

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