Friday, August 24, 2018

Ohio Business Name Reservation

Ohio State ShapeIn this article, we will be discussing steps involved to reserve a business name in Ohio. Business Division of Ohio Secretary of State, handles business name reservation. Generally, name reservation is done to protect the business name from being registered by someone else till the time business is officially registered.

The business name can be reserved for the period of 180 days which can be further renewed. The business name reservation can also be transferred.

Ohio Business Name Requirement

Ohio 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” or an abbreviation of one of such words.
  • For LLC
    Must contain either “Limited Liability Company”, “LLC”, “L.L.C.”, “Limited”, “Ltd.” or “Ltd”

Prohibited words:

  • Language stating or implying the business is organized for an impermissible purpose

Checking the Availability of a Business Name

Ohio 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 Ohio.

How to Reserve Business Name

Business name reservation can be done over mail.

By Mail

Download Form Link
Fees  $39 (Expedite fee: $100 – 300$)
Address Ohio Secretary of State
PO Box 1390
Columbus, OH 43216
Processing Time Around 3 days after the receipt
  1. Download the Ohio Name reservation form – Link.
  2. Fill the form with the requested details.
  3. Include the money order/check/credit card payment.
    Check/money order must be drawn in name of “Secretary of State“.
  4. Send the filled form to:

    Ohio Secretary of State
    PO Box 1390
    Columbus, OH 43216

    For expedited filing
    Ohio Secretary of State
    PO Box 1390
    Columbus, OH 43216

Ohio Secretary of State Contact

For any queries, you can contact the SOS at (614) 466-3910 during business hours.


Reference:

Last Updated: 17/07/2018

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source https://businessentity.org/oh/ohio-business-name-reservation/

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