subject: Naming Your Business [print this page] Author: Peter Gitundu Author: Peter Gitundu
If you need to start a business enterprise, you need to begin by getting a name for it. The name will help you in the registration process. You can pick up to three names for your business but only one can be used for each enterprise. The other two can be reserved for later use in case you will need to set up another enterprise that is different from the initial one.
For the name of your business to be recognized as legal, you need to register it at the registrar of companies. The process of registration requires that together with the name of the business, you also provide the registrar with a Memorandum and articles of Association, statement of capital and a list of the names of the director or directors and secretaries. Other documents are the incorporation deed and a notice of the proposed site of the business.
Registration of the name of the business does not take more than 14 working days. Once registration is over, you need to file for PIN number for the business through which the business will be paying tax. This tells you that the next thing you need to do is to register with the VAT office in your state. Once you issue them with the PIN number, they will put your business on their records and you can be able to track how much tax you need to pay annually.
To make your business name more known and to enable your clients to keep the name on their minds, you could register the same name online. This is called a domain name. The domain name appear in the following manner; business name dot com. The process of registering the domain name is not as taxing as registering it manually. All you need is to pay for it and get a website to host yours as you make it grow.About the Author:
Peter Gitundu Creates Interesting And Thought Provoking Content on Small Business. For More Information, Read More Of His Articles Here NAME YOUR BUSINESS
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