How to Choose a Name for One Person Company

It is of fundamental importance to decide the name of the company, which needs to be unique, desirable and one of its kinds to make it stand out from the rest. Hence, there are certain guidelines for choosing a name for One Person Company. The Companies Act 2013, defines certain guidelines for selecting the name of the company.

The company name can be different from the brand names which makes it much easier to decide the company name for One Person Company. But, there are definitely some conditions that need to be followed, to start with the Don'ts that are to be taken care of:

What to consider before selecting the name?

Firstly, you need to conduct a thorough research on the existing trademarks and then decide your name, remember that your Company name may not be your brand name, and the Rules are to be known to you: There is a preferred format in which the MCA wants you to name the company;

Creative Name + OPC(Suffix)

The name needs to be creative, imaginative, and distinct in nature. In case of a descriptive name it should define your business in brief and gives perks of your work/business. It is much simpler now and convenient to decide a name for your company. Once you choose the name, MCA will ask for the significance and the main objective behind that name which is to be submitted in one or two sentences. However, you can suggest six names in order of preference for your enterprise if you are registering under MCA.

• Do not choose names that are identical or similar to other existing names.
• Do not choose an undesirable & offensive name.
• Make sure that the name is not Generic.
• The name should not contain another country's name, and also, the word "state" is not permitted.
• Do not use the word "British India" as it is not approved by MCA.
• The names that implies patronage are not allowed as well.
• Do not use any name that is associated with the Embassy or consulate or foreign government.
• Do not use short-forms or Abbreviations in the name.