Your limited company name will be officially registered at Companies House but your Trading As name will not be registered with anyone. However you should tell both HMRC and your bank that you are using a trading as name. Trading Names. A trading name is the name (or names) used by a person, partnership or company for carrying out business, which is not the same as their own name or official registered name. A business may use as many trading names as it requires, but these cannot be registered as official names of the company. Limited companies can use trading names, meaning that you can still trade as Delicious Cakes as long as you’re not infringing another company’s trademark. But how do you do this? Very simply, actually. Unlike company names, trading names do not require registration. By using a trading name you may be able to reduce your administrative and accounting costs. Limited companies must submit statutory accounts which generally involve higher professional fees. 'Compartmentalising' your business; You may wish to use a trading name to ‘compartmentalise’ your business.
There is an important distinction between the official title of the company and the name under which it may trade. It is possible to for a company to be registered under ABC Limited and then start trading as the business name XYZ. In the United States, a limited company is more commonly known as a corporation (corp.) or with the suffix incorporated (inc.). Some states in the U.S. do permit the use of Ltd. (limited) after a company name. Trading names. You can trade using a different name to your registered name. This is known as a ‘business name’. Business names must not: include ‘limited’, ‘Ltd’, ‘limited liability partnership, ‘LLP’, ‘public limited company’ or ‘plc’. contain a ‘sensitive’ word or expression unless you get permission.
13 Dec 2017 We correctly state our ltd company details on our website but trade with a different name that is better suited the market niche and is used by the 31 May 2019 The term appears as a suffix that follows the company name, indicating that it is a private limited company. In a limited company, shareholders' 9 Feb 2018 You'll have to register your company name if you set up as a limited company. Limited company names have to be unique, so some small 20 Aug 2015 This will safeguard the company name, and you will not have to take on the same administrative burden as a 'live' limited company director ( Why a branded name? For new businesses, naming options can seem quite limited. Short domains are very expensive, yet longer multi-word names don't inspire
13 Nov 2019 There are some restrictions on the registration of company names. Generally Can an English company name end with the word "Ltd"? No.
it must not be the same as or too similar to the name of another registered company;; it should include the appropriate ending (i.e. Ltd, CIC, Plc); and; it must not Incorporate a private limited company - register it with Companies House and rules on directors, shares, articles of association and telling HMRC about the 12 Feb 2020 A proprietary limited company is registered with ASIC under its legal name Alex Singh Pty Ltd. The company wants to operate under the name A trading as name is most commonly used when a company becomes limited for the first time. If it has already been operating under a name without being a 9 Apr 2019 A company has its own name which is required to include the legal terms or abbreviations 'pty' and/or 'ltd' at the end of the name. A company may 1 Jul 2019 Limited companies need to register an official business name, but they can also choose a trading name. Here's our advice for using a trading A trade name, trading name, or business name is a name used by companies that don't want to operate under their registered name. The term for this type of