Economy

What is a trade name? »Its definition and meaning

Anonim

The company name is the sign by which a natural or legal person is named in the exercise of certain economic activities. That is, it is that symbol, image, abbreviation, etc. that is used in the commercial market to identify a natural or legal person that carries out its business or commercial activity, and that distinguishes it from any of the activities similar to this one. It should be noted that an establishment and / or company can have more than one commercial name; and the commercial names are independent of the reasons or corporate names of the legal persons, both of which may coexist.

Any individual or entity can request the registration of the commercial name that it uses to differentiate itself from the rest of the economic activities that others carry out; and in that registry the date on which the commercial name was used for the first time should be entered, in addition to specifying the economic activity that is to be carried out. Then the competent bodies when granting the registration, will recognize in favor of the applicant the date of the first use of the trade name.

What is considered a trade name? since all that name of an individual or entity, the surnames, and the business name used by manufacturers, merchants, industrialists and farmers to name their industry or business such as the name of their firm, the name and the title obtained and used by the civil, commercial, industrial, agricultural societies among many others. Then we understand that the commercial name is the name or nickname with which you want or want your clients to be able to recognize them in the market, and to be able to differentiate it from other companies that perform services similar to yours.