Check Company Name Availability

Introduction 

Before applying for your Company’s name there are certain points which individuals should know. You are required to research your company’s name by checking the name availability. However, there are some words which you should not use for your company’s name but in case if you use those words, application rejection chances are higher. It advised to know what are the things that should be avoided and used while applying for a company’s name. In this blog, you’ll get a complete understanding on how to choose a company’s name. 

Key Consideration For Company’s Name Selection 

In order to select a company’s name, there are some things which should be avoided or your Company’s Name Application can be rejected. These points are as follow: 

• Avoid Article “A” “An” & “The”: Avoid the use of articles such as ‘a’ ‘an’ & ‘the’ while choosing the name for your company. If the company name includes any article then it can directly get rejected by the MCA. 

• Avoid Trademark Words: A company’s name should not be similar to any existing company even if the spelling is different. Also the company's name should not contain any registered trademark or trademark which is under registration process. 

• Avoid State or Location: While selecting the name of the company make sure to not include any word related to any location, if a company exists with a name of Luxury Clothing Pvt. Ltd. then you can not apply for Luxury Goa Clothing Pvt. Ltd. Also avoid state words while applying for your company name as only the Government has this authority to use state words. 

• Avoid Translation: Avoid translation of any existing company from hindi to english or vice-versa. For example: if a company exists with the name of DMG Flower Producer, then you can not use DMG Phool Producer for your company name. 

• Avoid Offensive Words: Avoid words which can offend anyone either individual, community or religion. Try to use simple and nice words which represent your company's workflow and offering.

• Avoid Usual Words: Avoid common and usual words while choosing your company’s name which can be seen everywhere such as new, modern, nav, shree, sri, shri, om, Jai, Sai, etc.

• Unique Name: Get your company a unique name which is not usual and not too difficult to understand. A company’s name should be identical and easy to remember. 

• Regulatory Approval: If you are using words like ‘Insurance’, ‘Stock Exchange’, ‘Venture Capital’, ‘Bank’, ‘Nidhi’, ‘Mutual Fund’, etc, you need a Mandatory approval from the regulatory bodies such as RBI, SEBI, MCA, IRDA, etc. depending on the word you are using.

Conclusion

Company’s Name Search is one of the difficult tasks as the chances of rejection are higher. It is advised to understand in detail about the criteria of name selection. While choosing the name of your company, keep these points in mind to reduce the chance of rejection as well as to save your precious time. 

Frequently Asked Questions

1) What is a company name?

A company name is the entity's legal name that appears on documents like legal contracts or bank statements. 

2) Can I use a Trademark word for my Company Name? 

No, you should not use any registered trademark work for your company name. 

3) When can the ROC reject the name application?

If the company name is similar or identical or resembles an already registered company or Limited Liability Partnership (LLP) name, the ROC will reject the proposed name.

4) Does Company Name Matters? 

It's important to start with a strong business name and brand identity and then continue to build on it.