How to choose my company name?
Finding the right name for your startup can have a significant impact on your success. The wrong name can do worse than fail to connect with customers; it can also result in insurmountable business and legal hurdles. In contrast, a recognizable, mighty name can be beneficial in your marketing and branding efforts. A study showed that firms with names that were easier to pronounce earned more than firms with tough names.
Here are some useful tips that will help to name your company:
- pick a name that is simple and short
- avoid names that give a wrong first impression
- it should be easy to spell and pronounce
- you don‘t need to have SEO in mind. Focus on its own remarkable brand.
- don‘t limit yourself adding local places to your company name
- avoid using your personal name for risky ventures
- try to stand out to company names in the same industry
- test the name to potential customers
Once you found a company name, make sure and ...
- check if no one else owns or uses the name.
- check if the domain name is still available.
Do some Google research and if the name is already in use. Also, check the Cyprus Company Register for similar names (https://efiling.drcor.mcit.gov.cy).
For international businesses, we recommend getting the .com domain.
Name submission at cypruslimited.com
You can submit up to two company name suggestions during the company setup process. The second name is a fallback in case the company registry rejects your first company name approval.
To avoid failing submissions, your tax advisor will review your submissions, too. But in the end, its the registrar who approves the company name.