Do you have the perfect name idea for a new business entity in the state of Indiana, but you’re not quite ready to form your company?
Indiana allows you to reserve a business name until you’re prepared for the business formation process, but how does the reservation process work and how long will the state reserve the name for you? In this guide, we’ll run down all the important details of reserving a business name in Indiana.
How to Reserve a Business Name in Indiana
The first step is to determine if your desired business name is even available in Indiana to begin with. You can check your name’s availability using the Secretary of State’s search tool. This gives you access to all currently active business names in the state. Once you’ve determined the availability of your desired name, you can begin the process of reserving it with the state.
Thankfully, you can easily reserve your desired business name online here. Simply sign in to your “InBiz” account and select “Online Services.” Then, you must navigate to the “Secretary of State Business Services Division,” and select “Name Reservation.” Finally, follow the steps in the name reservation portal and submit your request. You will need to provide the name to be reserved, as well as your contact and payment information. The fee to reserve a business name is $10, and the name is reserved as soon as you click “Submit.” If you prefer to file by mail, you may do so by printing and filling out the Certification of Assumed Business Name. This form is available to download here. You will need to provide a $10 check made payable to the “Secretary of State,” and you can mail both the form and the check to the following address: Secretary of State Business Services Division
302 West Washington Street, Room E018
Indianapolis, IN 46204
Secretary of State Business Services Division 302 West Washington Street, Room E018 Indianapolis, IN 46204
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How Long Is My Business Name Reserved For?
Indiana name reservations last for a period of 120 days. Once this period ends, anyone else can claim your business name, so it is important that you form your business before the name reservation expires. However, if you still need more time to form your business, you can file the Renewal of Name Reservation online here.
Just because you aren’t ready to form your Indiana business entity doesn’t mean you can’t lock down your desired business name.
The process to reserve a name is really easy in Indiana, with filings available online or by mail. So, if your name is available today and you are not yet ready to form your business, you should reserve your desired business name as soon as possible.