Friday, October 30, 2015
Restricted Words - Delaware Companies
As discussed on our website topic page, your Delaware
company’s name must contain a corporate identifier for most business
structures and be distinguishable from other names currently being used. However, did you know that
there are also words that your company name may not contain?
The use of these restricted words is not always prohibited,
but permission must be granted from certain agencies, such as the State Bank Commissioner or Department of Education, and certain criteria must be met to
obtain that. This has to occur before
the Division of Corporations can approve a filing containing a restricted word.
The rules surrounding the naming of companies are contained
within the Delaware Code.
Restricted Words:
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Corporation
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LLC
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Bank, or any variation thereof
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Bank, or any variation thereof
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Trust
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Corporation, Corp., Incorporated or Inc.
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University or College
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Any document listing any name in a foreign language must have the
English version at least in the comments area of the cover memo. If it is a person’s name they must state
that fact on the cover memo.
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Words that are vulgar, or that translate as profanities, or would
otherwise be harmful to the state or deceptive to the public are actually prohibited.
Delaware has one of the shortest list of restricted words! Do you plan on registering your Delaware
company to do business in another state?
NY, FL, CA, and many others have a much more extensive list. You may want to take this into consideration
before naming your Delaware company or you will end up having to choose an
alternate name for the other state.
For more information on company names, our
service team is available to assist you by email or by phone at 302-266-9367.
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