Pennsylvania Reservation of Name/Transfer of Reservation [DSC:15-208] is a process that allows a business entity to reserve a corporate or assumed business name for a period of 120 days. The business entity must have an active status in the state of Pennsylvania in order to reserve a name. There are two types of Pennsylvania Reservation of Name/Transfer of Reservation [DSC:15-208]: Corporate Name Reservation and Assumed Name Reservation. A Corporate Name Reservation reserves the right to use a corporate name that is not the same as, but similar to, a name already in use by another corporation, limited liability company, or limited partnership in the state of Pennsylvania. To reserve a corporate name, the business entity must complete the Corporate Name Reservation form and submit it to the Department of State. An Assumed Name Reservation reserves the right to use a fictitious or assumed business name in Pennsylvania. The Assumed Name Reservation form must be completed and submitted to the Department of State in order to reserve an assumed name. For both types of Pennsylvania Reservation of Name/Transfer of Reservation [DSC:15-208], the reservation of the name will remain in effect for a period of 120 days. However, the name may be transferred to another business entity at any time during the 120-day period. To transfer the reservation of the name, the business entity must complete the Transfer of Reservation form and submit it to the Department of State.
Pennsylvania Reservation of Name/Transfer of Reservation [DSCB:15-208]
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FAQ
File the Application for Registration of Fictitious Name, form DSCB: 54-311, with Pennsylvania's Corporation Bureau. Verify availability of the desired name. Announce the business name registration in two newspapers. Incorporate the business if desired to have exclusive ownership of the name.
Before registering an entity with the state, there is a risk of another person taking your entity's intended name. Name reservation prevents others from registering an entity with a name identical to yours. Name reservation typically provides protection for a period of 120 days, but this figure varies by state.
The business definition of a name registration is the name you use when registering your business with the state. In most states, you're required to file one of the following with the Secretary of State or other government entity to form a business: Articles of Incorporation to form a corporation.
After receiving confirmation from state authorities that the name is available, you may reserve it. Reserving company names creates your intention of using the name and prevents others from using it.
Online filing through PENN File is the quickest way to go about it. First, create an account. After you're signed in, select the appropriate form and follow the instructions to reserve your name. A name reservation costs $70 whether you're filing online or by mail.
Reservation in hotel typically refers to blocking a particular room for a particular guest for a definite period of time while registration in the hotel simply refers to recording the guest's information for official purposes. Reservation and registration are two processes guests go through when booking a hotel room.
Deciding to Register or Reserve a Company Name Reserving company names creates your intention of using the name and prevents others from using it. With that, name reservations are limited in time in all cases.
To check the status of your Missouri (MO) Company Name Reservation order, make changes, or ask any questions, call us toll free at 855-771-2477.