1. Use of misleading words – A company name shouldn’t mislead the public about the nature of its goods or services. For instance, if a business is not a bank, it cannot use the word “bank” in its name. 2. Obscene terms – It’s against the law for a company name to contain offensive words or phrases. The state may reject the business if it uses offensive language. 3. Terms that suggest a connection to the government – A company name shouldn’t suggest that it has a connection to the government. For instance, a business name cannot contain the words “federal” or “government”.
If a business name is turned down, the owner must select a different name and apply for state approval of it.
A business name with a “co” following it means “company.” It is an acronym that denotes the classification of corporate entity. A firm is a distinct legal entity from its owners. It’s not required to include “co” in a company name.
If a company name satisfies specific criteria, it may be protected by copyright. The name must be unique and cannot be too close to another name already in use. The owner has the sole right to use the name and the power to stop others from doing the same thanks to copyright protection.
Customers may become confused if a company name is identical to another company’s name. Make sure the name is not already in use by conducting a search. A lawsuit or the necessity to change the name may result from the names being too similar.
A person cannot register a trademark for another person’s name. Only the name’s owner is eligible for trademark protection. If a name complies with specific criteria, it may be feasible to trademark it even when it is identical to another name. The name must be unique and cannot be too close to another name already in use.
Finally, picking a company name is a crucial step in beginning a firm. It is critical to pick a name that is neither deceptive, derogatory, or overly similar to another name already in use. An optional “co” may be included in a company name, and if certain conditions are met, a company name may be protected by copyright. A lawsuit or the necessity to change the name may result from a company name that is too close to another company’s name. The ability to trademark a name that is identical to another name is conceivable provided it satisfies specific criteria, however it is not possible to trademark someone else’s name.