Difference Between Denomination and Business Name

In this article, we will explain the difference between company name and company name, two very similar but not identical concepts.

Difference Between Denomination and Business Name

The legal name of a company is essential and is present in all legal documents. Of course, in legal language, to designate the name of the company, the notions of company name or company name are used. However, they are not synonymous and hence it makes sense to ask what is the difference between denomination and business name.

Difference Between Company Name and Company Name

The main difference lies in the type of name that the company acquires. Thus, the corporate name designates the companies which adopt as their corporate name, the surnames and first names of one or more associates. For its part, when we talk about a business name, we are talking about an imaginary name.

In this sense, for a company, at least as indicated by Spanish company law, to be able to adopt a name of the company name type, it must be a partnership limited by shares or limited by shares. For example, they could adopt as a business name: “López and brothers”.

For its part, the corporate name refers to public limited companies and joint-stock companies, which must have an SL or SA at the end of the invented or imaginary name. For example, a name could be: Empresalandia SL

In short, the difference between company name and company name is mainly in the name adopted and, at the same time, in the type of company that can carry it.