Quick Answer: Can 2 Businesses Have The Same Name?

Can there be two LLC with the same name?

Yes, with some exceptions.

When you’re forming a corporation or an LLC in a state, the name must be unique to your business within that state.

Others can form LLCs and businesses in other states that have the same name as yours..

Can you sue someone for using your business name?

Trademark. Trademarking your business name gives you more protection than just registering it. Once you’ve trademarked it, you can sue anyone who infringes on it. Even a name that’s not identical can infringe if it’s close enough to confuse your customers.

Can someone steal my business name?

If someone uses your name, simply showing proof that you’ve trademarked the name could be enough to convince a business to choose something else. Most importantly, if you must go to court, you’ll have legal proof that you registered the name. However, you don’t have to trademark your business name to protect it.

Can I run 2 businesses from the same premises?

There is nothing to stop you having a separate business at the same address.

Can I have 2 self employed businesses?

Sole traders aren’t legally separate from their business, or businesses if they have more than one. This means that you must consider all of your sole trader income for VAT. You must register for VAT when your turnover reaches the VAT registration threshold in any 12 month period.

What’s the best way to legally structure multiple businesses?

Three ways to legally structure multiple businesses:Single business entity with multiple DBAs. … Form separate LLCs or corporations for each business unit. … Create a holding company with separate LLCs or corporations beneath it. … Each to their own — the importance of considering each client’s unique situation.

Can 2 businesses have the same address?

The businesses can have the same internal network address range, as long as it is compliant with RFC1918. If the 2 businesses are within a shared business workspace and share the same Internet link then the public address may be shared but their internal ranges would be different. Short answer – Yes ,they can .

Can you have multiple businesses under one ein?

Yes, you can have multiple businesses under one LLC. … It is not possible to use the same EIN for different Entity types or for businesses that are not related. … If you have multiple businesses that are taxed differently, such as a corporation and an LLC.

Is LLC or INC better?

Corporations offer more flexibility when it comes to their excess profits. Whereas all income in an LLC flows through to the members, an S corporation is allowed to pass income and losses to its shareholders, who report taxes on an individual tax return at ordinary levels.

How do I protect my business name?

Protect Your Brand Name in 5 StepsRegister your domain name. Domain names are an important part of any business brand today. … Trademark your business name and logo. … Use your brand. … Monitor your brand. … Deal with infringement immediately.

What do you call a company that owns multiple companies?

A holding company is a company (usually a corporation) that owns a controlling interest in one or more companies, called subsidiaries. A holding company might be called an “umbrella” company or a parent company.

Can I have the same name as another business?

Generally, all businesses operating in Canada must comply with federal, provincial, and municipal laws regarding business names. In practice, what this means is that two businesses may very well have the same name.

Can two businesses have the same name in different countries?

Can two companies have same business name in different countries or states of USA? … Yes, it is very possible if the business name is not trademarked or registered in the same country or state. A trademark has a territorial aspect; it functions only within the country or state where it has been registered.

What happens when two businesses have the same name?

Because business names are registered on a state-by-state basis, the fact that a company in another state has the same name as yours is usually not a cause for concern. However, you are right in that there could be intellectual property issues (namely, trademark) when two companies have the same name.

Does your business name have to be the same as your LLC?

The legal name of your LLC or corporation must be distinguishable from the names of other entities on record with the state filing office. Otherwise, the state may refuse to file the documents to form your LLC or corporation.

How do I know if a business name is trademarked?

You can search for federally registered trademarks by using the free trademark database on the USPTO’s website. To start, go to the USPTO’s Trademark Electronic Business Center at http://www.uspto.gov/main/trademarks.htm and choose “Search.” Then follow the instructions you see on the screen.

How can I run two businesses under one company?

You can run two or more businesses under one LLC by either:running all the business activities under one LLC name, or.registering DBAs (“doing business as”), also known as Fictitious Names.

What do you do if someone is using your business name?

Enforce Your Trade Mark Rights If someone else is using the same business name, attempt to resolve the dispute by contacting the other business and negotiating a favourable outcome. If this approach is unsuccessful, you can enforce your rights by sending a cease and desist letter.

How do I stop someone else using my business name?

Though registering a trademark or service mark is the best way to protect your business name, some protection is still afforded to you if you have not registered. Perform a trademark search to make sure you are the only one using the name. If so, immediately begin using your business name in your advertisements.

Can two clothing lines have the same name?

Often two companies co-exist with similar names for several reasons. … baby clothing, or the other companies are in different jurisdictions and do not cross each others’ consumer base etc. Legally, it is the trademark owner’s responsibility to enforce his/her trademark rights.