General

Is trade name and business name the same?

Is trade name and business name the same?

A trade name is the name your business is commonly known as or the name you use when advertising or doing business. A trade name is also called a DBA (doing business as) name. A good example of this is Walmart. Walmart’s legal business name is Wal-Mart Inc.

What is considered a trade name?

A trade name is the official name under which an individual as a sole proprietor or a company chooses to do business. A trade name is commonly known as a doing business as (DBA) name.

Is a trade name an LLC?

The LLC name, or legal name, is the official name of the entity that is used to sign documents, file tax returns, file lawsuits, or to submit a loan application with a bank. On the other hand, a business name, or trade name, is the name the public uses to identify your business.

Do you have to register a trading name?

You’ll need to register your name as a trade mark if you want to stop people from trading under your business name.

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Can I trademark a trade name?

You may be wondering whether you can trademark your trade name. To the extent that trade names solely identify the business and not the source of goods or services, they cannot be registered under the Lanham Act. There is no brand name protection for a trade name that is solely a trade name.

What are the problems of using trade names?

Including locations may affect the potential for expansion to other geographic regions. Some names may create impressions that the business is government related. Could be confused with major competitors and result in a lawsuit. Average, descriptive names may receive limited protection under trademark laws.

Can a limited company use a trading name?

When you register a company name at Companies House, it is protected by law so no other business can use it. Trading names do not receive this protection, which means that if someone wanted to register your trading name as a limited company, they could do so, whilst also demanding that you stop using it.

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How do you protect a trading name?

You can register your trade mark to protect your brand, for example the name of your product or service. When you register your trade mark, you’ll be able to: take legal action against anyone who uses your brand without your permission, including counterfeiters.

Do I need to register a trading name?

A trading name is the name (or names) used by a person, partnership or company for carrying out business which is not the same as their own name or official registered name. A business may use as many trading names as it requires, but these cannot be registered as official names of the company.

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