If you submit your California Statement and Designation by Foreign Corporation and there is already a company using that exact same company name, the state is likely to reject it. If you call CA to ask about it (we’ve done this!) they are going to tell you that you CAN use the same name as another company - but under a pretty serious condition. You have to get permission from the original, similarly named company. That permission has to be written on that company’s official letterhead and appropriately signed. So it’s a real pain, and may run you some legal bills plus the time to get that other party on board. And who knows how the other company will react to you using the same name.
What we suggest, and what a much more efficient method is, is for you to submit an application with a DBA. (DBA means “doing business as”).
For example, if you are named “Newco, Inc.” Change the name on the application to “Newco, Inc. which will do business in California as Here Co.”
Other California compliance tips - check out our California tax compliance calendars, which lists deadlines that CA Delaware C-Corporations face when trying to stay up to date on tax compliance and paperwork. We’ve published calendars for San Francisco, San Jose, Santa Monica and Mountain View.
Vanessa Kruze, a seasoned CPA, has an impressive track record prior to establishing Kruze Consulting. Her experience includes pivotal roles at Deloitte Tax and as a controller for a substantial startup with over 120 employees and $20 million in revenue. Under her leadership, Kruze Consulting has emerged as a distinguished CPA firm, recognized on the Inc 5000 list for five consecutive years, illustrating rapid growth and success in the competitive accounting landscape. Vanessa's unique approach, combining deep industry knowledge with advanced automation and software solutions, has positioned her firm as a leader in providing comprehensive accounting services to startups across the United States.
