Can I use a business name if it is inactive?

If the abandoned name was ever registered with the state, it will be listed in the state’s entity database. The company that used the abandoned name might typically be listed as inactive or dissolved. If the company is listed as inactive, the state may not allow you to assume the name.

Similarly, it is asked, can there be two businesses with 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.

How do I protect my business name and logo?


  • To register a trademark, go to the U.S. Patent and Trademark Office’s Web site,
  • Make sure someone else hasn’t already registered the mark your category by checking the Trademark Electronic Search System database .
  • What does it mean when a company is inactive?

    An inactive business is a business that still exists but it has no activity, no business transactions during a specific year. If a business has transactions — pays expenses, pays employees, writes checks, uses a debit/credit card, buys equipment or supplies, for example — it is not inactive.

    Can you reuse a dissolved company name?

    Dissolved companies are no longer in existence so the names of dissolved companies can be registered by new company formations. There are no legal restrictions in place when choosing such a name.

    Do you have to file a tax return for an LLC with no income?

    Sometimes a limited liability company has a year with no business activity. But even though an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return. LLC tax filing requirements depend on the way the LLC is taxed.

    How much does it cost to reinstate an LLC in Florida?

    How much will it cost to revive a Florida LLC? The reinstatement fee is $100 and the annual report fee is $138.75 per year since dissolution.

    Do LLCS pay taxes in Florida?

    For tax purposes, most, but not all, LLCs are classified as partnerships or disregarded entities. When this is the case, an LLC does not pay state income tax in Florida because it is not a corporation. In Florida, this results in state income tax at either 5.5% or the 3.3% alternative minimum tax.

    How much does it cost to renew an LLC in Florida?

    If the report is filed by May 1, the annual report filing fee is as follows: $150 for a profit corporation; $61.25 for a not-for-profit corporation; $138.75 for a limited liability company; and $500 for a limited partnership or limited liability limited partnership.

    How should you name your LLC?

    How to Choose an LLC Name

  • Make It Legal. The most important thing when you’re choosing an LLC name is to make sure it’s legal.
  • Make It Memorable. You want your LLC name to be something people can remember.
  • Make It Meaningful.
  • Make It Original.
  • Make It Distinctive.
  • Make It Domain Name Ready.
  • Make It Social Media Friendly.
  • How much is a DBA in Florida?

    The cost of registering a limited liability company in Florida is approximately $60 to $70 as of January 2011. Business owners are provided a corporate name search, professional customer support, expedited filing and articles of incorporation in the registration price.

    Do I need to file a fictitious business name in Florida?

    To file a fictitious name registration: The name you register must be advertised at least once in a newspaper that is located within the county where your principal place of business is located (Chapter 50, Florida Statutes). However, proof of advertisement is not required.

    Is a fictitious business name the same as a DBA?

    Business Filings. DBAs are sometimes called Fictitious Business Names (FBNs), assumed business names or trade names. The same is true if you have incorporated or formed a limited liability company (LLC) and are operating the business under a name that is different from the name of the company or LLC.

    Can you have a partner in a DBA?

    DBA, or doing business as, occurs when a business operates under a name other than its legal name. A general partnership can always choose to use its legal name, which is the combination of the names of the partners; a DBA is not required.

    Can an S Corp have a DBA?

    It’s not unusual for an S corporation to place all or part of its operation under a “Doing Business As” name. DBA names are also called trade, assumed or fictitious business names. S corporations, like other incorporated businesses, are required to register DBAs in most states.

    What is the difference between an LLC and an S Corp?

    Unlike an LLC or a C corporation, an S corporation is not a type of business entity. The S corp. designation refers to the way a business has chosen to be taxed under the Internal Revenue Code. For tax purposes, the IRS classifies businesses as sole proprietorships, partnerships, C corporations, or S corporations.

    What are the four main types of corporations?

    Four main types of corporations exist in the United States:

  • C corporations.
  • S corporations.
  • Limited Liability Companies (LLCs)
  • Nonprofit Organizations.
  • What are the four main types of business?

    The four ways in which a business may be set up are: Sole Proprietorship, Partnership, Corporation, and Limited Liability Company or LLC. 1. Sole Proprietorship – This is the most simple business entity there is. As the name implies, the establishment has just one owner.

    What are the three different types of corporations?

    Three Types Of Corporations. In the United States, there are three major types of corporation – the C corporation, the S corporation and the limited liability company (which is technically not a corporation, but close enough for our discussion.)

    What kind of company is incorporated?

    Incorporating or forming an LLC provides advantages to business owners that operating a business as a sole proprietorship or general partnership does not, including: Limited liability protection for the personal assets of the owner(s). Certain tax advantages such as tax deductions not available to sole proprietors.

    What are the different types of companies?

    Types of business structures

  • Sole Proprietorship. A Sole Proprietorship is one individual or married couple in business alone.
  • General Partnership.
  • Limited Partnership.
  • Limited Liability Partnership (LLP)
  • Limited Liability Limited Partnership (LLLP)
  • Corporation.
  • Nonprofit Corporation.
  • Limited Liability Company (LLC)