HOW TO SELECT A COMPANY NAME

HOW TO SELECT A COMPANY NAME

Company Name approval and allotment process in India is administered by the Ministry of Corporate Affairs (MCA) as per the Company Name Availability Guidelines issued under Companies Act 2013.

‘Company Name’ is the name by which a registered Company is being identified. Generally, name of the Company depicts its Trade Name or Brand Name along with its main activities.

In the case of a private limited company, the name shall end with words “Private Limited” or with word “Limited” in case of a public limited company. Company Name has three parts. ‘The Name’, ‘Activity’ and words ‘Private Limited’ or ‘Limited’ as the case may be.

For Example, ‘CompaniesInn.com Solutions Private Limited’. Here, ‘CompaniesInn’ stands as unique name, ‘.com’ refers to online services, ‘India’ stands as a ‘noun’ and ‘Private Limited’ refers to the mandatory requirement of last words for a Private Limited Company.

The Company Name SHOULD

  • Be unique
  • Contain a noun and an activity word that reflects its objectives
  • Be in line with Company Name Guidelines issued by Ministry of Corporate Affairs.

The Company Name SHOULD NOT

  • Be same, similar, identical or resembling to the name of an existing Company or LLP registered. Phonetically similar names also to be avoided.
  • Be similar of a registered trade mark or a trade mark for which an application has already been filed
  • Be Offensive
  • Be Undesirable in the opinion of the Central Government (Undesirability of names explained separately

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