Naming Your Business – How to Choose a Name For Your Cyprus Business
What’s in a name? We hear you say. Well, quite a lot, actually. No matter of the nature of your business or who you are dealing with in business, your chosen business name will be the first thing people will notice about you. In line with this, it needs to sum up what you do, be catchy, and it make you memorable from the word “go”.
Choosing the right name will also help ensure you’re creating the right image for your business and also help to distinguish it from your competitors.
You’ll need to do some forward thinking. You may only be offering one or two services to start off with, but if you expand your repertoire at a later date, your name will need to be sufficiently flexible to accommodate this. This applies equally to website names.
Before deciding on your name you should familiarize yourself with the different registration requirements.
For example, if you decide to go down the limited company route you will need to register your new name with the Companies House in Nicosia, which holds a record on every single limited company in Cyprus. You can always ask us to do this on your behalf .Cyprusfranchising.com offers a wide range of incorporation services in Cyprus, including ready-made companies, public limited company formation, private company formation, limited partnership registrations, guarantee company incorporation, offshore trust set-up, registered office address and virtual offices, nominee services, VAT registration, bookkeeping and accountancy, business bank accounts, trade mark registration, company registration with the Inland Revenue and others.
The Companies House in Nicosia will ensure your chosen name passes all the various suitability tests. For example, the name must end in “limited”, and it must not be too similar to one already in existence. But if you want your company to trade under a different name, then you’re also required to register the trading name as a business name.
Please note that registration of a business, company or domain name does not in itself give you any proprietary rights – only a trade mark can give you that kind of protection. Ensure you have exclusive use of your name now and in the future throughout Cyprus by registering your business name as a trade mark. For more information on trademarks in Cyprus, visit our dedicated section under Intellectual Property in Cyprus.
Since the internet revolution and for a Cyprus business in particular, it’s hard to imagine running a business without a little online help. How much you want to rely on your website as a marketing tool will depend on the nature of your trade, but before committing yourself to a company name, make sure you can use it as a website name too.
You can do this by contacting Cyprusfranchising.com with your chosen name, either as a .com., a .com.cy, or some other top level domain and we will tell you if your desired name is available.
At this stage, it’s also sensible to seek out a reputable domain name supplier. Ask friends for recommendations.
The main thing is that like your company name, your domain name should be memorable and catchy.
