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COMPANY NAME SEARCH

In India, the Company Name Search process is an important step in the process of registering a business. The Company Name Search process is carried out on the Ministry of Corporate Affairs (MCA) portal, which is the official website of the government for company registration and compliance.

The following are the steps involved in the Company Name Search process in India:

Visit the MCA portal:

The first step is to visit the MCA portal (https://www.mca.gov.in/content/mca/global/en/home.html) and select the ‘MCA Services’ tab.

Search for the Name Availability:

From the drop-down menu under ‘MCA Services,’ select ‘Check Company Name Availability’ and enter the proposed name for the company in the search bar. It is important to ensure that the name conforms to the naming guidelines set by the MCA.

Check Name Availability:

The MCA portal will display the results of the search, indicating whether the proposed name is available or not. If the proposed name is available, the applicant can proceed with the next steps of the registration process. If the proposed name is not available, the applicant will have to submit a fresh name search request with a different name.

Reserve the Name:

If the proposed name is available, the applicant can proceed to reserve the name by submitting the necessary documents and paying the required fees to the MCA.

Incorporate the company:

Once you have reserved the name, you can proceed to incorporate your company by filing the necessary documents with the Registrar of Companies. The documents required for incorporation may vary based on the type of company and the state where it will be registered.

It is important to note that the Company Name Search process is a crucial step in the process of registering a business in India. The proposed name must conform to the naming guidelines set by the MCA and must not infringe on the intellectual property rights of any other entity.

SET-GUIDE

SET-GUIDE LINES TO NAME YOUR BUSINESS

The Ministry of Corporate Affairs (MCA) in India has set certain guidelines for naming a business. These guidelines are as follows:

Unique name:

The name of the proposed company should be unique and not identical or too similar to the name of any existing company or trademark. It should also not be similar to any registered or pending trademark.

Relevance:

The name of the company should be relevant to the main business activity or object of the company. The name should not be vague or general.

Prohibited words:

The name should not contain any words or phrases that are prohibited by law or are offensive in nature.

Acronyms and abbreviations:

The use of acronyms and abbreviations should be avoided unless they are widely accepted and recognizable.

Trademark and patent registration:

If the name of the company includes a trademark or patent, the applicant must provide the registration number of the trademark or patent.

Correct spelling and grammar:

The name of the company should be spelled correctly and use proper grammar.

No resemblance to government or statutory bodies:

The name of the company should not resemble or suggest any association with the government or statutory bodies unless specific approval is obtained from the competent authority.


It is important to note that the MCA has the right to reject any proposed name that does not comply with its guidelines or is deemed inappropriate. Therefore, it is advisable to conduct a thorough name search and ensure that the proposed name is unique, relevant, and complies with the MCA guidelines before submitting the application.

VALIDITY

VALIDITY OF THE NAME RESERVATION

n India, the name reservation for a company is valid for a period of 20 days from the date of approval by the Ministry of Corporate Affairs (MCA). During this period, the applicant is required to incorporate the company and submit the necessary documents to the ROC for incorporation.

If the applicant fails to incorporate the company within the 20-day period, the approved name will be automatically lapsed, and the applicant will have to file a fresh application for name reservation with the MCA.

It is important to note that the name reservation is not an authorization to conduct business or start operations. It is merely a reservation of the proposed name for the purpose of incorporating the company. Once the company is incorporated, the name of the company can be used for conducting business and other purposes.

MCA CHARGES

MCA CHARGES FOR RESERVING YOUR COMPANY NAME

The Ministry of Corporate Affairs (MCA) charges a name reservation fee for reserving a company name in India. The fee for reserving a company name in India is currently Rs. 1,000 per name. This fee is payable online through the MCA portal at the time of submitting the application for name reservation.

It is important to note that the name reservation fee is a one-time fee and is non-refundable. In case the name reservation application is rejected by the MCA, the applicant will have to pay the name reservation fee again for submitting a fresh application.

Also, it is important to note that the MCA may change the fee structure from time to time. Therefore, it is advisable to check the latest fee structure on the MCA website before initiating the name reservation process.

HOW CAN TAXKEY HELP?

HOW CAN TAXKEY HELP?

At Taxkey, we offer you a free Company Name Availability check for your Business which you can utilize by contacting our team. In case the name you have chosen is unavailable, Taxkey can suggest similar names for your Business. This can be useful if you are having trouble coming up with a suitable name for your Business.

Once you have chosen a name that is available for your Business, Taxkey can help you reserve the name on the spot at minimal charges. This means that you can be sure that the name you have chosen is reserved for your Business and no one else can use it. This is an important step in the process of registering a business in India and can help you avoid any legal issues related to the use of the name in the future.

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