Puerto Rico Application for Renewal of Reservation of Corporate Name

State:
Multi-State
Control #:
US-1054BG
Format:
Word; 
Rich Text
Instant download

Description

Section 4.02 of the Revised Business Corporation Act provides: "A person may reserve the exclusive use of a corporate name, including a fictitious name for a foreign corporation whose corporate name is not available, by delivering an application to the secretary of state for filing. The application must set forth the name and address of the applicant and the name proposed to be reserved." This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

How to fill out Application For Renewal Of Reservation Of Corporate Name?

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FAQ

A Fictitious Business Name (FBN) Statement is a public record intended to make available to the public the identities of persons doing business under the FBN.

A Puerto Rico DBA (doing business as), or trade name, is like an alias for your business. Every business has a legal business name, and a DBA simply allows a business to use a different name to operate. Whether your business is a billion dollar corporation or a sole proprietorship, you can register a DBA.

What's required to register a foreign corporation in Puerto Rico? $150 filing fee ($250 if filing online or in person) Certificate of Good Standing from your home state. Internet access (the best and easiest way to file in Puerto Rico is on the Department of State's website)

You need a fictitious business name in California to protect your privacy. For some, exposing their name in public is not a big deal. However, business owners who do not want their legal names exposed find operating under a fictitious business name valuable.

If you're a sole proprietor, your business's legal name is your first and last name. Either way, if you want to do business under a name other than your legal business name, you're required by Puerto Rico law to file a DBA.

To register an assumed business name in Puerto Rico, you must file a Trade Name Application with the Department of State and pay the $150 fee. Learn more about how to get a trade name in Puerto Rico.

Annual reports must be filed electronically by accessing the Department of State website at .estado.pr.gov. A $150 annual fee is payable when filing the report. The payment method is a major credit card or any other method provided at the Department of State website.

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Puerto Rico Application for Renewal of Reservation of Corporate Name