What is an Application for Name Reservation in Texas?

What is an application for name reservation in Texas?
A name registration is a filing that can be made by an organization that is authorized to do business in Texas as a bank, trust company, savings association, or insurance company, or that is a foreign filing entity not registered to transact business in Texas under the Texas Business Organizations Code.
Read more on www.sos.state.tx.us

One of the initial tasks you’ll need to take when opening a business in Texas is to reserve a name for it. You must submit an Application for Name Reservation to the Texas Secretary of State’s office in order to accomplish this. With the help of this application, you can reserve a name for your company for up to 120 days, giving you enough time to submit the required documentation and formally register your business.

What does it cost in Texas to reserve a business name?

In Texas, a business name reservation costs $40. Because this price is non-refundable, pick a name that you know you’ll want to use for your company.

How do I reserve a name for my company in light of this?

You must submit an Application for Name Reservation to the Texas Secretary of State’s office in order to reserve a name for your company there. It is possible to submit this application in person, by mail, or online. The name you want to reserve, your contact information, and the $40 cost must be provided.

Is a DBA the same as a name reservation?

No, a name reservation and a DBA are not the same thing. A DBA (doing business as) permits you to legally conduct your business under a name other than your own personal name. A name reservation only reserves a name for your firm for a specific amount of time. A separate application for a DBA must be submitted to the county clerk’s office in the county where your business is located in Texas.

Can I obtain a DBA in Texas online as a result?

The county clerk’s office in the county where your business is located in Texas allows you to submit a DBA application online. Depending on the county, the procedure might differ slightly, but generally speaking, you’ll need to give your business name, your contact information, and a cost. You will be able to lawfully conduct business under your DBA once it has been granted.