Difference between Trade Name and Legal Name under Gst

The only way to know that you have sole ownership of a trademark name is to establish it as a trademark at your state`s registry office, which is a much more complex and expensive procedure. At the very least, try to pronounce your business name clearly, eye-catching, and easily, and remember the impressions your name leaves on a potential customer. Limited liability companies (LLCs) and corporations must provide their legal names when registering the company. Unlike other business structures, the legal company name for LLCs and corporations does not need to contain the names of the owners to be the name of the company. However, some states require LLCs and companies to include “LLC” or “Corporation” in their legal name (for example, Rockwell Technology LLC). Basically, you use both to your advantage, no matter how different your company`s official name is from your brand or brand name. At the very least, try to make your brand memorable, quick and easy to say, and think about how a potential consumer will perceive your name. In addition, the trademark can be used in the online environment in various ways for the benefit of the trademark owner. A trademark protects your corporate brand or product name from use by another company in a similar industry. A company name is used to do business on paper. It is used for all kinds of legal documents. The trade name, on the other hand, is generally known to people.

It`s also the name you use for advertising, brand campaigns, and brand awareness. For LLC, this is the name of the LLC incorporation document to be submitted to the state. By submitting these documents, you formally determine the official name of your company. This is the name that appears on your tax identification number or identity card and the name used on your tax return. In most cases, a company has registered names and brand names. However, your real last name is the title that appears on laws and government documents such as their certificate of association, which are files that a company must submit to the government agency in order to officially become a business. When registering a trademark, you or your business can register the trademark directly, or you can choose to hire a lawyer who handles intellectual property law or trademark registration for you. When an IP attorney takes over the registration, they provide additional assurance that the registration is done correctly and completely, and that a thorough investigation has been conducted to verify that the trademark has not already been registered by another person or company. Trade names and trade names are not identical. The first is a registered name, while the second is a name chosen to perform operations. Companies use this name to create brand awareness and community.

Therefore, there is no major inconvenience to using a different trade name and legal name, but we have chosen three: If a business owner wants to operate under a name different from the legal name of the company, he can use a trade name instead. A brand is a more important step that is identified with the establishment of brand awareness in the market. A trademark can be associated with your trade name or be part of your trade name and can be used to legally protect the use of company names, logos, symbols or slogans. Two examples of easily recognizable brands are Nike`s swoosh symbol and Coca-Cola`s “Coca-Cola,” written in its distinctive font. Brands are easy to recognize because they are accompanied by the brand symbol. ™ Q: How do I know if a name is being used for a business? To choose the perfect name for your business, you should: Before declaring a legal entity incorporation document, please note that you can perform a name search in the state to determine if the name you need to apply for is available. You may be able to keep your name (for a fee) until you submit the document, but this is not an official record of your name. The legal name of the company is the officially registered name of a person or organization. The legal name is typically used in business records, tax returns, and other government forms. The official name of the GST corporation for real property (referred to in pan) is the official and legitimate name of the corporation that the government can identify.

The official name of the company is the name used in the documents submitted to establish the company. If you own a legal entity, this is the name of the legal entity document you submit to the state, including the articles of association. If you want to operate under a name other than the legal name of your company, register a business name for your business.