Do You Have To Register A Trading Name In South Africa?

How do you use a trading name?

It is possible to officially register a company name at Companies House, but then use one or more ‘trading names’ as required by yourself or your organisation.

Some companies trade under different names, with the name registered at Companies House belonging to the original company..

What can a sole trader call themselves?

If you own a business as sole trader then you should call yourself the owner. You will often see people being given titles which overrate their position.

Can a Pty Ltd trade as another name?

Currently, a business is entitled to trade under a trading name without registering it. For example, ABC (Pty) Ltd. can trade under the name “Light Lime Media”. … That is why many entities register their trading names as trade marks in terms of the Trade Marks Act, 1993.

What does trading as mean in South Africa?

Trading names are used by companies that do not wish to operate under their registered name, for instance where a trading name was previously used by a company (private incorporation) and a business does not want to confuse their customers by changing its name and brand.

How much does it cost to register a Pty Ltd in South Africa?

You may apply for between 1 and 4 names during each application process. Each name reservation application costs R50. A company registration may vary between R125 and R475 (R125 for a private company, R475 for a non-profit company registered without members).

How do I trademark a name in South Africa?

You do not need to be a South African citizen to register a trade mark, but you must be using the trade mark in the Republic of South Africa. To register the trade mark you must have a business address in South Africa.

Can someone use my business name?

If someone uses your name, simply showing proof that you’ve trademarked the name could be enough to convince a business to choose something else. Most importantly, if you must go to court, you’ll have legal proof that you registered the name. However, you don’t have to trademark your business name to protect it.

Can I have 2 businesses as a sole trader?

As a sole trader, you can use the same ABN to run more than one business. Any other business structure will have a separate TFN for their business, but as a sole trader, your business’ TFN is your personal TFN. If you choose to run two businesses as a sole trader, you will not need to register for a separate ABN.

Do I need to register a trading as name?

If you want to trade under a specific name, you need to register it as a business name with the Australian Securities and Investments Commission (ASIC). When you register a business name with ASIC, it will also be displayed against the associated ABN record on ABN Lookup. …

Can a sole trader have a trading name?

By having a sole-trader or partnership ABN operation you are permitted to trade under your personal legal name/s. If you would like the ability to conduct your business under an unrelated name, such as ‘ABC Plumbing’ or ‘Joe’s Cafe’, then this is required to be registered as a business name.

What is the difference between a company name and a trading name?

If a business owner wants to operate under a different name other than the company’s legal name, they can use a trade name instead. … A business can opt to have their business name and trade name be the same. A trade name may also be called a doing business as (DBA) name. It’s the name the public sees.

How can I make sure my business name is not taken?

First check with your county clerk’s office to see whether your desired name is already on the list of fictitious or assumed business names in your county. (In a few states, there is just one statewide fictitious name database — if that’s the case in your state, your county clerk will tell you.)

How do I create a unique business name?

Use acronyms. A lot of major companies use acronyms instead of their full names – it’s easier to remember. … Create mash-ups. … Draw inspiration from mythology and literature. … Use foreign words. … Use your own name. … Take a look at a map. … Mix things up. … Partner with another company.More items…

How much does it cost to change your business name with CIPC?

Name change cost R250. 00, but the fee is waivered if the current company name is the registration number. The manual name change queue (namechange@cipc.co.za) will still be available for any exceptional name change requirements, such as external company name changes, simultaneous name changes, etc.

How long does a name reservation last CIPC?

six monthsA name reservation continues for a period of six months from the date of the application, and may be extended by CIPC for good cause shown, on application by the person for whom the name is reserved together with the prescribed fee, for a period of 60 business days at a time.

Can you have multiple trading names?

Companies were formerly able to trade under multiple names by registering trading names, however this system has since been abolished. Companies can now register multiple business names under their ABN. This means that similar to a sole trader, you can register multiple names to trade under.

What is a trade name example?

A trade name is generally considered the name a business uses for advertising and sales purposes. A trade name is sometimes referred to as a “fictitious” or “doing business as (DBA)” title. For example, “McDonald’s” may be the trade name, but the legal name is “McDonald’s Corporation.” A trademark is a brand name.

How many trading names can a sole trader have?

two business namesYou can register two business names under the one ABN, as long as both businesses are the same structure type.

How do I change my business name in South Africa?

Apply for a name change electronicallyOn-line Transacting and then “online name change for companies.Login using your customer code and password and follow the prompts.Go to online name change.Click new application.Type in registration number.Click on validate.Enterprise details will appear.More items…•

How do I protect my business name?

How to Register a Trademark for a Company NameTo register a trademark, go to the U.S. Patent and Trademark Office’s Web site, www.uspto.gov.Don’t add a domain extension to your trademark to prevent others from registering the same name by adding another extension.

How do I add a trading name to CIPC?

To reserve a company name, follow these steps:Click on”On-line transacting”/Name Reservation;Login using your Customer Code and Password;Click on Name Reservations/Proposed Name;Click on “Proposed Names”;Capture one to four names in order of preference. … Click on “Submit Proposed Name”.More items…

How much does it cost to register a trading name?

Business name – For each business name, you can pay $37 for 1 year or $87 for 3 years. See the current list of business name fees on the ASIC website.

Can I use a trading name?

A trading name is the name (or names) used by a person, partnership or company for carrying out business, which is not the same as their own name or official registered name. A business may use as many trading names as it requires, but these cannot be registered as official names of the company.