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"Trading as" query

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  • 07-10-2013 10:20am
    #1
    tyler_d
    Registered Users Posts: 70 ✭✭


    Hiya

    I have run a design company which is a limited company. I want to setup a similar business with a different name and have a different bank account with it . Whats the best way of doing this? Should I simple register a new business name and put it under the original name? The new business won't be very big so thats why I thought it might be easier just to put it under the original business.

    Thanks

    Aaron


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    #2
    Peterdalkey
    Closed Accounts Posts: 2,091 ✭✭✭Peterdalkey


    Yes, your existing company can buy a business name from the CRO to trade under. See http://www.cro.ie/ena/forms_r_bnames.aspx. You do not need to run seperate accounts for the activities of the trading name operation. You do need to make it clear on stationary etc that the trading name is a unit of the limited company, i.e. XYZ Design Ltd trading as ABC Colours.


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    #3
    thecommander
    Registered Users Posts: 2,537 ✭✭✭thecommander


    Also the bank will allow you to use the one account once you give them the certificate for the register business name.


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