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Reserving an LLC Name by Jared Ingram





Article Author Biography
Reserving an LLC Name by
Article Posted: 07/21/2013
Article Views: 30
Articles Written: 2192
Word Count: 428
Article Votes: 0
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Reserving an LLC Name


 
Law
If you are working days and nightsto come up with a terrific name for your Limited Liability Company, anticipating ownership to your original LLC Name, and daydreaming all the way to Tennessee’s Division of Business Services, it could make you go crazy to find out that it is no longer available for you.

If you want to succeed in the LLC-naming race, you have to prepare at least three originally unique names for your company. You might want to check its availability by calling the Division of Business Services or visiting their websiteand finally have it reserved.

Yes, you can have it reserved! If you are planning to operate an LLC, you have the option to reserve an LLC Name before actually applying for a business license. Here’s how:

Fill out the Application for Reservation Applying for the reservation of your desired business name is simple. Just fill up an Application for Reserved Name form,and thenspecify your name and address of the business name to be reserved.

The name will be reserved and the applicant will have exclusive right to use it for four calendar months if it meets the name requirements and if it is available. After four months, it will be made available for you and other applicants to apply for.

Transfer a Reserved Name If you think it is wise for your business partner or family member perhaps to hold the right to use the reserved LLC Name, you may have it transferred. All you need to do is file a notice of transfer and affix your signature on it. Make sure that the name and address of the transferee is written on the said document. You don’t want to face a more complicated problem in the future.

Cancel a Reserved Name The name that you previously reserved may not be the best name for your company, it is not the right time for your products to be introduced to the market, or perhaps you are moving away. Whatever your reason is, you can always cancel your reservation by filing a notice stating the name of the reservation to be cancelled and your name and address.

The application to reserve, transfer, or cancel an LLC Name must be filed with the Division of Business Services. A $20 filing fee for each application will be charged.

Whatever circumstances you encounter in starting your Limited Liability Company, Tennessee always has an option for you.

If you are looking for information on LLC name in Tennessee, click on the link. Or you can visit http://www.ezonlinefiling.com/.

Related Articles - LLC, name, in, Tennessee,

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