An organization can distinguish itself in the market by using a trade name. It is sometimes referred to as a fictional name or a “doing business as” (DBA) name. A trade name is a moniker that a company uses to distinguish itself from competitors in Arizona; nevertheless, it is not the company’s legal name. A trademark is a symbol, word, or phrase that a company uses to identify its goods or services. A trade name is distinct from a trademark. Does Arizona Require the Registration of a Trade Name?
You must file a trade name registration with the Arizona Secretary of State if you are conducting business under a name other than your own legal name. Included in this are companies that function as sole proprietorships, partnerships, corporations, or limited liability entities. In order to comply with state legislation and prevent legal conflicts with rival companies that might use a similar name, a trade name registration is necessary. How Much Does it Cost in Arizona to Register a Trade Name?
In Arizona, registering a trade name costs $10. When you submit your application for trade name registration with the Arizona Secretary of State, this fee must be paid. Five years are allotted for the registration’s validity; following that, you must renew it for the same cost. What Kind of Trade Names Are Examples of? A trade name is something like “Starbucks.” The business is officially known as Starbucks Corporation, although it goes by the trade name Starbucks. Customers recognize and associate the company with its trade name. How Does One Create a Trade Name? You should pick a name that is distinct and not being used by another company in Arizona if you want to create a trade name. To see if the name is accessible, you can perform a search on the Arizona Corporation Commission’s website. Once you’ve decided on a name, you can submit an application for trade name registration with the Arizona Secretary of State. Both online and mail applications may be submitted. You must submit details about your company, including your legal name, your company’s address, and the trade name you intend to employ. You can start using your trade name to identify your company to the public after your application is accepted.
Finally, a trade name is a crucial component of a company’s identification. Customers can recognize and associate the brand with the name. Businesses operating in Arizona must file a trade name registration with the Arizona Secretary of State if they do business under a name other than their legal name. The registration is valid for five years and costs $10. Choosing a distinctive trade name and registering it might assist firms in staying out of legal trouble and abiding by state legislation.
In contrast to a business name, which is the formal name registered with the state and identifies the legal entity of the business, a trade name is a name used by a business to identify itself to the public. While the business name is used for legal and tax purposes, the trade name is utilized for marketing and advertising. Businesses must register their trade names with the Arizona Secretary of State’s office in order to conduct business in Arizona.
A trademark is a sign, word, or phrase that is used to identify and distinguish a company’s goods or services from those of other companies. A trade name is the name under which a corporation works and identifies itself to the public. To put it another way, a trade name is the name of the company, whereas a trademark is a symbol or mark that the company uses to identify its goods or services.