Question: What Is Business Legal Name?

What is the difference between business name and company name?

The difference between a trading name, business name and company name.

A business name is simply a name under which you conduct a business.

A company is a separate legal entity registered with ASIC..

How do I legalize my brand name?

To register a trademark, go to the U.S. Patent and Trademark Office’s Web site, www.uspto.gov. Don’t add a domain extension to your trademark to prevent others from registering the same name by adding another extension.

How do I register a business name with GST?

How to Register for GSTGo to official GST portal – https://www.gst.gov.in/ and under the services tab, choose Services > Registration > New Registration. … On the Registration page, enter all the requested details (including your PAN number), email address and mobile number.After entering the details, click proceed.More items…

Can I use the word company in my business name?

Include business entity identifiers such as “Incorporated,” “Corporation,” “Inc.,” “Limited Liability Company,” or “LLC” as part of the name if the business is not incorporated or an LLC. … Use a word that implies a company is a government entity (e.g., Federal, United States, etc.).

As a sole proprietor, by default, the legal name of your business is your own name. But you can choose operate the business under another name, known as a “fictitious business name” or “doing business as” (DBA).

Can I use a business name without registering it?

Most people think that businesses have to register a business name. … You can always trade using your own name or your company name and it is not necessary to separately register a business name.

Should I use my name as my business name?

The benefits of using your given name for your freelance business. For most freelancers, using your actual name is the best way to go. Not only is it great for personal branding, but it just makes your life easier. You’ve got clients and confusing tax forms now — You need something simple in your life.

In a nutshell: A registered or legal name is your business tax ID number, used by federal and state taxing agencies, banks, and for other legal purposes. A trade name is used for advertising or trade purposes.

The legal name is a name that is registered at the time of incorporation of a company or business. The legal name is generally the name of the company on the PAN. On the other hand, the trade name is the name that is used in normal business practices or common parlance.

Can two businesses have the same name?

Because business names are registered on a state-by-state basis, the fact that a company in another state has the same name as yours is usually not a cause for concern. However, you are right in that there could be intellectual property issues (namely, trademark) when two companies have the same name.

The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietor may use a trade name or business name other than his, her, or its legal name.