Do you have the perfect name idea for a new business entity in the state of Massachusetts, but you’re not quite ready to form your company?
Massachusetts 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 Massachusetts.
How to Reserve a Business Name in Massachusetts
The first step is to determine if your desired business name is even available in Massachusetts to begin with. In Massachusetts, the Secretary of State provides both a Corporate Database and a Reserved Business Names Database to find existing businesses in the state. You can use one or both of these search tools to determine if your desired name is available. Once you’ve determined the availability of your desired name, you can begin the process of reserving it with the state.
Name reservations must be filed in person or by mail in Massachusetts using the Application of Reservation of Name. This form will require the following information: Secretary of the Commonwealth 1 Ashburton Place, Room 1717
Boston, Massachusetts 02108-1512
In addition to this form, you will need to include a check for $30 made payable to the “Commonwealth of Massachusetts.” Then, you can deliver or mail the form and payment to the following address:
Secretary of the Commonwealth 1 Ashburton Place, Room 1717 Boston, Massachusetts 02108-1512
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How Long Is My Business Name Reserved For?
The Application for Reservation of Name will reserve your business name for a period of 60 days. You may extend the reservation for another 60 days by paying an additional $30 fee.
Just because you aren’t ready to form your Massachusetts business entity doesn’t mean you can’t lock down your desired business name.
The application to reserve a name in Massachusetts is extremely easy to fill out, so if you have a name that you wish to reserve, there is no reason to delay filing your paperwork with the Secretary of the Commonwealth.