In this article, we will be discussing step by step instructions on how to reserve any business name in Kentucky.
Before officially forming your business (LLC, Corporation etc) in Kentucky, you may consider reserving the name for your company first. Reserving business name is especially helpful in cases when you are sure to form the business in next few months but are not ready yet. Name reservation can protect your business name, till the time you are ready for filing.
The business name can be reserved for the period of 120 days which cannot be further renewed. However, the business name reservation can be transferred during the holding period.
Kentucky Business Name Requirements
Kentucky 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”, “Limited Company”, “L.L.C.”, “LLC”, “L.C.”, “LC”, “Limited”, “Ltd.”, “Company”, or “Co.”
Prohibited words:
- Certain words such as bank, insurance, trust etc cannot be included in the name without prior approval from the concerned authorities.
- LLC name cannot include “Corporation”, “Incorporated”, “Company”, or “Limited”.
- Corporation name cannot include “LLC”, “Limited liability”, etc.
Checking the Availability of a Business Name
To make sure your chosen business name is unique and distinguishable, you must search through Kentucky SOS business records. We have written an in-depth tutorial on how to search for a business name in Kentucky.
How to Reserve Business Name
Business name reservation can be done by mail. The process can take upto 1 week.
By Mail
Download Form | Link |
Fees | $10 |
Address | Division of Business Filings Business Filings PO Box 718 Frankfort, KY 4060 |
Processing Time | Upto 1 week |
- Download the name reservation form – Link.
- Fill the form with the requested details.
- Include the money order or check drawn in favor of “Kentucky State Treasurer“.
- Send the filled form to:
Division of Business Filings
Business Filings
PO Box 718
Frankfort, KY 4060
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Contact
For any queries, you can contact the SOS at (502) 564-3490 during business hours.
Reference:
Last Updated: 25/08/2018
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source https://businessentity.org/ky/kentucky-business-name-reservation/
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