To reserve a specific name for a future company or a trade name (DBA), check with Colorado Secretary of State if that name is available. If available, file a “Company Name Reservation” application which is usually processed within 1 business day.
Benefits of Reserving LLC Name
Reserving your LLC name ensures the most accurate records and secures the name for your business for 120 days. It’s not mandatory but recommended as the state requires LLC names to be unique and distinguishable.
Steps to Reserve a Business Name
It’s simple to reserve a business name on the Secretary of State website for $25. The name will be held for 120 days with a renewal option if needed. You can register a new entity or reserve a name after choosing a suitable business structure.
A unique name helps establish brand identity and sets your business apart in the market. Check name availability by searching the Colorado Secretary of State’s business entity database. Selecting a registered agent is crucial as they act as the company’s point of contact.