SIA divestiture if a new company is formed by Stage 2
7. Check name
The name or firm is the name of the merchant entered in the Commercial Register, which it uses in commercial activity, closing transactions and signing.
Conditions for selecting a name:
- Includes a reference to the type of merchant 'limited liability company' or its abbreviation 'SIA', which is included at the beginning or end of the firm
- Latvian or Latin letters must be used
- Digits can be used
- You can use punctuation marks (points, commas, colons, quotation marks, etc.)
- Five symbols - &, @,%, +, =, other symbols not allowed
- The names of State or local government authorities (authorities), as well as the word 'State' or 'local government', cannot be included.
- Cannot include the words 'Republic of Latvia' and their translation into a foreign language
- Misleading information on the form of commercial activity, such as the terms 'AS', 'EVERY', utml, cannot be included.
- The use of names containing uncensored words and ambiguous terms (contrary to good virtues) is not allowed
- If the name of the administrative territory or the residential area is included, the firm must not coincide with the name of the administrative territory or settlement concerned, it is necessary to include additional words, letters or numbers in the name
- Cannot coincide with an already registered trade mark or part thereof. Check Patent Office Registered Trademark Finder
- Cannot coincide with any of the names of an entity already registered in the Enterprise Register or applied for. The use of punctuation, spaces, and uppercase or lowercase letters shall not be considered to differ sufficiently from another name.
All documents to be submitted must bear the same name.