What is the legal name that a company uses when it does business?

The legal name that a company uses when it does business is known as its "registered name" or "corporate name." This is the official name under which the company is registered with the relevant government authority, such as the Companies Registry in Hong Kong. It is the name that appears on legal documents, contracts, and official records.

Importance of the Legal Name:

1. Identification and Legal Recognition: The legal name gives a one of a kind identifier for the company, recognizing it from other businesses. It is utilized for all legal purposes, counting entering into contracts, owning property, and legal procedures.
2. Compliance and Regulatory Purposes: Companies must utilize their enlisted name on official records such as solicitations, receipts, and correspondence to guarantee compliance with administrative necessities and dodge legal issues.

Registering the Legal Name:

1. Registration Process: Enlisting a legal name includes submitting an application to the important government specialist, at the side the specified documentation and expenses.
2. Name Availability and Restrictions: The chosen legal name must be interesting and comply with naming controls, dodging deluding terms or suggestions of government alliance.

Legal vs. Trading Name:

1. Legal name: The official enlisted name of the company utilized in legal records and compliance things.
2. Trading Name: A name utilized for showcasing and branding purposes, which must be enrolled in a case utilized freely.

In rundown, the legal name is the official name beneath which a company is enlisted and conducts business, pivotal for legal acknowledgment and compliance.