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What is a Business Name? A Business Name (BN) refers to any name, other than your true name, that you use in connection with your business. Do I have to register my Business Name? If you are doing business using a name other than your true name, then you are required to register that business name with the Department of Trade and Industry.
21 lip 2023 · Section 121 of The Intellectual Property Code of the Philippines, provides that a trade name is “the name or designation identifying or distinguishing an enterprise.” One cannot use any name at a whim. It still must be approved and is subject to restrictions.
Trade Name Registration is the process of registering the name or brand under which a business or enterprise operates. It is a legal requirement for businesses to register their trade name in order to conduct business activities and transactions in the Philippines.
25 cze 2024 · This guide will provide an overview of the key aspects of business name registration under Philippine laws. Key Legal Frameworks. Business Name Law (Republic Act No. 3883) Governs the registration and use of business names in the Philippines. Revised Corporation Code (Republic Act No. 11232)
A.term that describes the business of a corporation in its name should refer to its primary purpose. If there are two such terms, the first should refer to the primary purpose and the second to the secondary purpose.
28 cze 2024 · The RCC now requires corporations to manifest its willingness to change its corporate name, immediately upon receipt of notice or directive from the SEC that another corporation, partnership or person has acquired a prior right to the use of such name or that the name has been declared as misleading, deceptive, confusingly similar to a ...
In determining whether a business name submitted for registration is acceptable the following factors shall be considered: The root word or words of the name shall be considered. (e.g. "Island" instead of "Islander") The business name should describe the nature of the business. It should be comprised solely of any or all of the following:
