Trademark

Hi Experts,

Our company wants to acquire a brand name (which is differnt from name of our co.) under which the company wnats to do charity work.

eg. - ABC Private Limited wnats to do charity work under name of DEF Society.

Can company do so? 

or is company required to establish Sec. 25 Company / Trust ?

Can seperate bank account to be opened in the name of DEF Society?

Kindly advice

Thanking you.

 

 

Replies (1)

Dear Savitha,
 

Yes you can use the brand name other than company's name.  A brand name may be registered with the trademarks registry which you are using or proposed to use.  

A company need not incorporate a separate company to provide charitable services, however it is advisable to incorporate sec. 25 company if the scope and level of services requires huge amounts for tax purposes.

A society has to open a separate bank account inorder to do its day to day transactions with its own name.

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