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A trade name is an official nickname or name of an enterprise, business or company while trademark provides legal protection and recognition for a certain brand by the use of logo, name, symbols or slogans.
What is a Business Name? A Business Name (BN) refers to any name, other than your true name, that you use in connection with your business. Do I have to register my Business Name?
People also ask
Who oversees trade name registration in the Philippines?
Do you need a trade name registration in the Philippines?
What if my business name is not the same as my true name?
What is a business name?
It is a legal requirement for businesses to register their trade name in order to conduct business activities and transactions in the Philippines. A trade name is often used interchangeably with a business name or a fictitious name, and it is the name that the public identifies a business with.
Your business name is the first step for you to have a legitimate business, as it is a requirement under Republic Act 3883 or the Business Name Law. To get a business or mayor’s permit to operate your business, you need to have your business name registered first.
- A Trade Name Identifies The Company.
- A Trade Name Is Different from A Trademark.
- About Nicolas and de Vega Law Offices
The importance of a trade name cannot be overemphasized. Since it pertains to the identity of a company, it is given protection by the law. A name is peculiarly important as necessary to the very existence of a corporation. Its name is one of its attributes, an element of its existence, and essential to its identity [Philips Export B.V. v. Court of...
It must be noted that a trade name is different from a trademark. Trade names are registered with the Department of Trade & Industry (DTI) for sole proprietorships or the Securities & Exchange Commission (SEC) for corporations. On the other hand, trademarks are registered with the Intellectual Property Office (IPO). A trade name which has been used...
If you need assistance in corporate law, commercial law, corporate or commercial litigation, or civil or other criminal law-related issues, we can help you. Nicolas and de Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City...
Jul 7, 2022 · A NAME is an important part of a person's existence. In fact, even juridical persons such as corporations, partnerships and sole proprietorships have the right to have their own distinct and unique names. This right to use a corporate and trade name is a property right, a right in rem, which may be asserted and be protected (Western Equipment ...
The list of requirements for a business name application is different for a single proprietorship (i.e. a business that has only one owner running it) and a corporation/partnership. Here's what we need to register a business name for different types of businesses.