Avoid These Mistakes while Choosing a Company Name

CA RAMAKRISHNA SANJAY

7760252581

Choosing a company name looks easy, but small mistakes can delay registration or create problems later. Here’s a simple guide:

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❌ Common Mistakes to Avoid

1. Same or Similar Name
Don’t pick a name already used by another company.
➡️ It will be rejected by the Ministry of Corporate Affairs

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2. Not Checking Trademark
Even if MCA approves, someone else may own the brand name.
➡️ Always check with Controller General of Patents Designs and Trade Marks

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3. Using Restricted Words

Words like “Bank”, “Insurance” need special approval.
➡️ Avoid unless required

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4. Very Common Names
Names like “Global Solutions” are too generic
➡️ Hard to build a brand

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5. Name Not Matching Business
Your name should relate to what you do
➡️ Avoid confusion

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6. Use the "Three-Word" Formula

To get easy approval, structure your name like this:

• Unique Word + What you do + Company Type

• Example: Zylos (Unique) Textiles (Business) Private Limited (Legal Type).