Meaning of company name (what is it, concept and definition)

What is company name:

The company name is the legal, administrative and formal name that a collective society or company receives in the deeds of its legal constitution.

This name is the one that the partnership uses in all kinds of documents that involve legal and economic procedures. For example, checks, demands, etc.

In other words, the company name is the name that identifies a company and empowers it to exercise such economic and legal activities on its own behalf.

The company name differs from the brand or trade name with which the company is known to the common public. Thus, for example, the business name of an establishment such as a bakery may be "Inversiones Pérez SL" while the commercial name is "Panadería Pan del Cielo". This distinction of business name from trade name is a marketing strategy to attract public attention quickly and easily.

Each country has a legal and legal framework that must be respected and complied with in order to be able to register the company name before the State authorities. One of the mandatory aspects is to explain

In any case, the company name must always constitute a unique name. This means that there cannot be two companies with the same name and that, if there is one, the last to register can be accused of plagiarism and carry legal penalties.

See also:

• Company. Mercantile company. Public limited company.