Question: Can I Use Co In My Business Name UK?

What if my business name is close to another?

If you choose a name for your business that is a little too similar to the name of a competing business, that business may accuse you of infringing on its trademark rights.

When this happens, you may be forced to change the name of your business, and you may even be ordered to pay money damages..

Can you use Co in a business name?

The word “Limited” may be abbreviated as “Ltd.” and the word “Company” may be abbreviated as “Co.” You can use a name similar to that of another business if the other entity gives written permission and applies to change its name to something else.

Can I name my business the same as another UK?

Your name cannot be the same as another registered company’s name. If your name is too similar to another company’s name or trade mark you may have to change it if someone makes a complaint. Your name must usually end in either ‘Limited’ or ‘Ltd’.

How much does it cost to register a business UK?

You can register by post using form IN01. Postal applications take 8 to 10 days and cost £40 (paid by cheque made out to ‘Companies House’). Send your application to the address on the form.

What does co mean legally?

CO. A prefix that denotes jointness or the state of being conjunct or united. To be together, with, or not separate from; conjoint or combined. A corespondent in a lawsuit is one who is joined as a defendant in the suit.

What is better LLC or INC?

Corporations offer more flexibility when it comes to their excess profits. Whereas all income in an LLC flows through to the members, an S corporation is allowed to pass income and losses to its shareholders, who report taxes on an individual tax return at ordinary levels.

On business letters, order forms and websites, you must show: the company’s registered number. … where the company is registered (England and Wales, Scotland or Northern Ireland) the fact that it’s a limited company (usually by spelling out the company’s full name including ‘Limited’ or ‘Ltd’)

How do I name my business UK?

Create a shortlistThink flexible. Don’t choose something too restricting. … Make it timeless. … Making up words. … Initials are hard to remember. … Foreign language. … Avoid non-alpahbetic characters. … Know the companies house rules on naming. … Check for existing companies or businesses.More items…

Should I use my own name for my business?

Using your own name maximizes the value of your personal credibility as a respected and reputable supplier in your market. … Makes your business memorable: Your own name is so specific that it helps people remember your company, especially if they already know you as an individual or if your name is distinctive.

Can I abbreviate my business name?

If you want to abbreviate your name, file a dba for the abbreviated name so that there are no legal issues in the future.

Can a sole trader use the same name as a limited company?

It is quite common for people who want to be a sole trader to register a limited company with their preferred business name. This makes sure that the name is reserved on the Companies House register and that no-one else can register the same name. … What you are actually doing is forming a limited company.

What does co stand for in a business name?

Co. is an abbreviation for company, a catchall phrase for an association of people working together in a commercial or industrial enterprise, such as in a sole proprietorship, limited liability company or corporation.

What is the difference between a trading name and a business name?

A ‘trading name’ refers to an unregistered name that businesses could use before the introduction of the National Business Names Register on 28 May 2012. A trading name is not a registered business name. If you wish to continue using a trading name, you need to register it as a business name.

Can I use the word bank in my company name?

Using the word bank in a company name! The words BANK, BANKS, BANKING or BANC are listed as sensitive words by Companies House. The use of any of the BANK words in a company name will suggest that the company has a specific financial status.

Should I trademark my business name UK?

There’s no legal requirement that forces you to trade mark your business or brand name (logo). In fact, you can have what are known as ‘common law’ rights to your business name without formally registering it. … You can learn more about trade marks and all other types of IP, at the IPO website.

Can I use the same company name as a dissolved company?

The names of dissolved limited companies can be registered by new and existing companies. There are no legal restrictions when choosing such a name. However, one important point you should consider is the reputation of the dissolved company.

Do I need to register my business UK?

You will only need to register with Companies House if you are planning on being a limited company – if you plan on being a sole trader type entity then you don’t. You don’t need an accountant although you should keep records of what you have spent out/received in to be able to complete a tax return next year.

What does co stand for in police?

Commanding OfficerCO. Commanding Officer. Code Seven. Out of Service, On A Break, Off Duty.