How to choose a name for your company’s registration

The local representatives of a specialized agency in the company formation in Bulgaria and tax consultancy, in fact you can also receive a legal consultation in specific sides of commercial and corporate law. The representative of clients seeking to incorporate Bulgarian companies or related services handled by a team of international and Bulgarian experts.

 Becoming a sole trader or general business partnership you don’t need to register with Companies House however there is still need to follow the rules for selecting a business name.

Your name cannot be specifically same as another registered company’s name to observe if the name has been already registered. So your registered company should not have similar name as of other registered company.

It can contain a sensitive word only if get permission to do so otherwise it is highly recommended to choose a different for company registration Bulgaria because it is considered offensive to have a similar name of already established firm and that owner may even take a legal action. Choose a very unique name that doesn’t match with anyone else.

Registering a firm or partnership name or a taking a business name doesn’t refer that is secured as a trade mark, for this you need to register your trade mark individually. You may wish to determine if your trademark is already taken by someone else. The names of many private limited firms in Bulgaria should have a suffix limited or ltd.

You can request to leave the suffix limited from your name, if your firm is limited by guarantee and your association article states that your company’s objective of promotion or regulation of commerce, art, science, education, religion or any profession or you should admit its income in promoting its objects or you are no longer capable to pay its members or need every member to contribute in the company’ wealth. So there are many factors to consider while registering your company.