Importance of a Company’s Name and Risks of Allowing Your Company to Be Administratively Dissolved
By: Rima Suleiman, Esq.
In Florida, as in many other states, there are specific regulations and guidelines regarding the naming of corporations. When choosing a name for your corporation in Florida, you should consider the following factors:
Name Availability: Before registering a business name, you should check its availability to ensure that it is not already in use by another business. The Florida Division of Corporations provides an online search tool where you can check the availability of a business name.
Uniqueness: The name should be distinctive and not likely to cause confusion with existing businesses. It should also comply with any guidelines set by the Division of Corporations.
Legal Structure Designators: Florida may require the inclusion of certain legal structure designators in the business name, such as “Corporation,” “Incorporated,” “Corp.,” or “Inc.”
Restricted Words: Certain words may be restricted or prohibited. The Florida Division of Corporations has guidelines on the use of certain terms, and you should ensure that your chosen name complies with these rules.
Approval Process: After submitting the necessary documents for business registration, the Division of Corporations will review the application, including the proposed name. If the name meets all the requirements, it will be approved.
Trademark Considerations: While the Division of Corporations checks for name availability within the state, it’s essential to conduct a broader search for trademarks to ensure there are no conflicts at the national level.
To check the availability of a business name and find more information about naming requirements in Florida, you can visit the official website of the Florida Division of Corporations or contact them directly. Additionally, consulting with a legal professional or business advisor familiar with Florida business regulations can provide valuable assistance in ensuring compliance with all relevant naming requirements.