Name of your business undoubtedly is an important asset because it establishes a strong identity and signifies what is your business. Therefore, to select an appropriate name is the first step in developing a new image of the newly incorporated body.
Every proposed LLP has firstly to apply for the name by filing form 1. The name of the LLP is its trade name or brand name along with its main activities, and this LLP name is a registered name by which a Limited Liability Partnership is identified. It is very important that one chooses a unique name which does not resemble the name of any existing LLP, any registered company or trademarks.
In the case of LLP, the name shall end with words LLP. LLP name has three parts, the Name, Activity, and words LLP. The structure should be:
Once you have decided on a name, do a Trademark Search to check if you are accidentally infringing any existing trademark.
To check the name availability with MCA, you can go to www.mca.gov.in so that you are sure that no other business is using that name that you are aiming at.
Name approval process is governed by the Ministry of Corporate Affairs (MCA). It takes 3 to 10 days. It cost Rs.200. Every allotted name is valid for 90 days. Therefore, further actions should be completed or initiated within 90 days.