Quick Answer: Can Two Partnership Firms Have Same Name?

Can you use the same brand name for different products?

And the answer to that is yes because when you register a trademark, you don’t get a monopoly over a word, phrase, or logo itself.

So as long as your products and services are completely different from the other registered trademarks you can safely use or even register that..

How do I stop someone else using my business name?

Though registering a trademark or service mark is the best way to protect your business name, some protection is still afforded to you if you have not registered. Perform a trademark search to make sure you are the only one using the name. If so, immediately begin using your business name in your advertisements.

Can two firms have same name?

A company cannot have the same name as another registered company. Any company formation or change of name application containing a company name that is the ‘same as’ or ‘too similar’ to an existing name will be rejected by Companies House. These rules exist to protect the general public from being misled or confused.

Can two businesses have the same name in different countries?

Can two companies have same business name in different countries or states of USA? … Yes, it is very possible if the business name is not trademarked or registered in the same country or state. A trademark has a territorial aspect; it functions only within the country or state where it has been registered.

What is the name of a partnership?

A sole proprietorship’s legal name is the owner’s full name. If a general partnership has given a name to itself in a written partnership agreement, then that name is the general partnership’s legal name. Otherwise, a general partnership’s legal name is the last names of the owners.

What happens if someone trademarks your 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 you have a similar business name?

A business name generally can be protected as a trademark under federal and state trademark law. … As a general rule, if someone in a similar field to yours is already using a particular business or organization name, you should not use it, nor should you use a name that would be confusingly similar.

Can a partnership have one owner?

By definition, a partnership is a business with more than one owner that has not filed papers with the state to become a corporation or LLC (limited liability company).

How do I name my brand?

How to Choose a Great Brand NameUse the founder or inventor’s name (Hewlett-Packard)Describe what you do (Southwest Airlines)Describe an experience or image (Sprint)Take a word out of context (Apple)Make up a word (Google)

Can husband and wife be partners in a firm?

It’s perfectly legal to have a sole proprietorship with a spouse employee. If you and your spouse co-own the business but don’t incorporate or create an LLC, your business will usually be a general partnership. Typically, this has the two of you sharing 50/50, but other percentages are an option.

Can I use a company name that already exists?

Trademarked names are registered with the U.S. Patent and Trademark Office (USPTO) and are protected nationally. If a business name is already trademarked, you are prohibited from using it even if the company operates in a different state to yours.

What is the maximum number of partners in a partnership firm?

50The Central Government has prescribed maximum number of partners in a firm to be 50 vide Rule 10 of the Companies (Miscellaneous) Rules,2014. Thus, in effect, a partnership firm cannot have more than 50 members”.

Can someone steal your business name?

So, while your trademark can be the same as your trade name, your trade name is not a trademark. … And a business who steals or infringes on another businesses trademark can face consequential monetary damages from State and Federal courts if they don’t stop doing it.

How do I protect my business name?

Protect Your Brand Name in 5 StepsRegister your domain name. Domain names are an important part of any business brand today. … Trademark your business name and logo. … Use your brand. … Monitor your brand. … Deal with infringement immediately.

Can a person be a partner in more than one firm?

If there are more than two partners in a firm, an individual can be a partner in his individual capacity as well as in a representative capacity as Karta of the Hindu undivided family. FIRM: A partnership firm is not a person and therefore a firm can not enter into partnership with any firm or individual.

Can you sue someone for using your business name?

Trademark. Trademarking your business name gives you more protection than just registering it. Once you’ve trademarked it, you can sue anyone who infringes on it. Even a name that’s not identical can infringe if it’s close enough to confuse your customers.

What are the 4 types of partnership?

These are the four types of partnerships.General partnership. A general partnership is the most basic form of partnership. … Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. … Limited liability partnership. … Limited liability limited partnership.

Who is a minor partner?

A minor is a person who is below 18 years’ of age. Minors are generally admitted to the benefits of a partnership firm, meaning, a person who may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership.