Business Name Approval
Deliverables - Documents Required - Timeline
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Deliverables
Reservation Certificate
Intimation Letter
Documents Required For Business Name Approval
- KYC documents of promoters
- Memorandum and Articles of Association
- Registered office address proof
- Passport-sized photographs of directors
- Incorporation certificate
Timeline
30 Days
(from receipt of all documents)
Step 1
Apply for Company Name Approval
Step 2
Pay the Prescribed Fee
The processing fee for company name approval is ₹1,000. You can pay the fee online through the MCA portal or by submitting a demand draft in favour of the ROC
Step 3
Submit the Required Documents
Step 4
.Wait for Approval
The ROC will process your application within 21 days of receipt. If your proposed name is approved, you will receive a reservation certificate. The reservation certificate is valid for 60 days
Step 5
Incorporate the Company
Once you have received the reservation certificate, you can proceed to incorporate the company. You will need to file the SPICe+ form again, but this time you will select the ‘Incorporate Company’ option
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FAQs
Business name approval is important to ensure that your business name is distinguishable, not confusingly similar to existing businesses, and does not violate trademarks or copyrights. It also helps in establishing the business’s legal identity.
Most government agencies or online business portals offer a name search tool where you can check whether the name you want to register is available. This search will show you if a similar or identical name is already in use.
The business name approval process can take anywhere from a few hours to several weeks, depending on the jurisdiction and whether the name needs to be manually reviewed by the authorities. Online applications tend to be faster.
Yes, you can change your business name after approval, but it requires filing a formal request with the regulatory body. The process may involve additional paperwork, and you may have to notify your customers, vendors, and any partners of the change.
No, business name approval is not the same as trademark registration. Business name approval ensures that your business name is available for use, but trademark registration is a separate process that provides you legal protection for your brand name and logo.
