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a Reserved Corporate Name Enclosed please find an application for cancellation of the reservation of a Corporate Name to be filed in ance with the Corporate Law of the State Of Delaware. The fee to file the application is $75.00 to be accompanied with the application.
All entity name reservations are required to submit an application to reserve, re-reserve, transfer or cancel a name reservation. The fee is $75.00 and the reservation will be effective for 120 days.
The corporations name must contain the word Association, Company, Corporation, Club, Foundation, Fund, Incorporated, Institute, Society, Union, Syndicate, Limited or the abbreviation Co., Corp., Inc., Ltd. or words or abbreviations of like import in other languages.
Pros and Cons of the Delaware Name Reservation When you make a name reservation, youll ensure that no one else can swoop in and pounce on your name. Its yours for 120 days so you can take your time forming your company.
You can use the name reservation tool at corp.delaware.gov to confirm availability. However, we do not believe it is usually necessary because it costs $75 and it would be easier and ultimately cheaper to just file the company to see if the name is available.