In this article will be discussing steps involved to reserve a business name in North Carolina. To reserve the name you would need to file for name reservation with the Secretary of State. Name reservation is generally done to protect the business name from registration till the time business is officially registered.
The business name can be reserved for the period of 120 days which can be further renewed. The business name reservation can also be transferred.
North Carolina Business Name Requirement
North Carolina Secretary of State has mandated certain requirements which you must keep in mind while selecting a business name.
The business name must be unique and distinguishable from any existing business entity name registered with Secretary of State. Also any difference in grammar, similarly sounding business name, or using stop words does not make the business name unique and it will lead to the name being rejected.
For example following names are not distinguishable:
- Justin Plumber LLC vs The Justin Plumber LLC
- Mango Farm LLC vs Mango Farms LLC
- Jake & Mary Corporation vs Jake and Mary Corporation
Required suffix in the business name:
- For Corporations:
Must contain either “Corporation”, “Incorporated”, “Company”, “Limited” or an abbreviation of one of such words. - For LLC
Must contain either “Limited Liability Company”, “L.L.C.”, “LLC”, “Ltd. Liability Co.”, “Limited Liability Co.”, “Ltd. Liability”
Low-profit limited liability company must contain the words “Low-Profit Limited Liability Company” or the abbreviation “L3C”
Prohibited words:
- Language stating or implying the business is organized for an impermissible purpose
Checking the Availability of a Business Name
North Carolina SOS provides an online tool to check the availability of any business name. You can use this tool to find and research name for your business. We have written an in-depth tutorial on how to search for a business name in North Carolina.
How to Reserve Business Name
Business name reservation can be over Mail. Please follow the steps given below:
By Mail
| Download Form | Link (Click on Application to Reserve a Business Entity Name) |
| Fees | $30 |
| Address | Corporations Division PO Box 29622 Raleigh, NC 27626-0622 |
| Processing Time | Around 3 days after the receipt |
- Download the North Carolina Name reservation form – Link.
- Fill the form with the requested details.
- Include the money order/check/credit card payment ($30).
Check/money order must be drawn in name of “Secretary of State“. - Send the filled form to:
Corporations Division
PO Box 29622
Raleigh, NC 27626-0622
North Carolina Secretary of State Contact
For any queries, you can contact the SOS at 919-814-5400 during business hours.
Reference:
Last Updated: 17/07/2018
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source https://businessentity.org/nc/north-carolina-business-name-reservation/
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