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Company Name Availability

Incorporation is the process of setting up a new corporation or company. A corporation can be a for-profit company, a non-profit company, a start-up, or a micro, small, or medium-sized company.

In India, corporate activity is governed by the Companies Act, 2013 and other associated Acts, Bills, and Rules. The Companies Act of 2013, the LLP Act, 2008 and other relevant Acts are the Ministry's primary responsibilities. And the rules and regulations enacted thereunder to ensure that the corporate sector operates following the law. MCA also protects investors and provides a variety of valuable services to its constituents.

What is MCA?

The Ministry of Corporate Affairs (MCA) is Just an Indian government ministry enforcing the Companies Act 2013, the LLP Act 2008, and other legislation. The Ministry of Corporate Affairs is in charge of regulating Indian businesses in the industrial and service sectors. Nirmala Sitharaman is the present Minister of Corporate Affairs, while Mr. Anurag Thakur is the Minister of State for Corporate Affairs.

Instructions for Choosing a Company Name

Identical or Comparable

Your chosen name should not be the same or similar to any existing names, neither in terms of words nor phonetics. A Title should include a noun and an activity word that describes the type of business being conducted. If such a name is discovered, it may be deemed a crime. The company name search technique assists you in avoiding such errors.

Trademark

The applicant must conduct a trademark check to ensure that the company's selected name does not already exist. Duplication is avoided with this method.

Choose an appropriate name.

When picking a name, remember the following do's and don'ts:

Do's
  • A word that gives a quick overview of the company should be included.
  • To minimize confusion or offense, a name should be unique.
  • This term should appear at the end of the word in the instance of PVT LTD or LTD or (OPC) PRIVATE LIMITED.
Don'ts
  • A name should not offend anyone.
  • Any current name in its plural form will not be accepted.
  • Separating and combining separate names to form a similar entity can be regarded as a single business.
  • A new tense or number isn't considered a different name.
Availability of Domain Name

When we want to create a website, it is required for an application to create a new domain name, for this you must check domain availability at various websites like Go daddy, Hostinger, etc.

Obtaining regulatory approval

A firm name containing words such as insurance, bank, stock exchange, venture capital, asset management, mutual fund, etc., may require regulatory permission from the RBI, SEBI, IRDAI, and other agencies.

FAQ's

A company's name serves as an identity or a term by which your company is recognized. Because a company with the same name cannot exist, the company's name should be distinct.

The ROC has approved the company's name (Registrar of the company).

Is it possible to submit a company name via the internet?

Yes, you may apply for a company name online in a few simple steps.

A company's name should be distinct and distinct in terms of words, even phonetically. It is recommended that a corporation not use a name that is already in use.