DBA's can provide different advantages, depending on your business type. For a formal entity, such as an LLC or corporation, a Doing Business As allows the business to take on multiple names for marketing or branding purposes. We can obtain your Doing Business As Name for your business.
Forming a Limited Liability Company is the easiest and most flexible way to start your business. LLCs provide personal asset protection which shields you from being personally liable for business debts. LLCs also allow you to spend less time doing paperwork and more time operating your business.
The most notable benefit provided to
S Corps is their “pass through” taxation status, which can help owners reduce their overall tax liability. Also, S Corporations are unique in that they have the ability to distribute stock, but only to a limited number owners.
A Notary Public is an official of integrity appointed by state government typically by the secretary of state to serve the public as an impartial witness in performing a variety of official fraud-deterrent acts related to the signing of important documents.
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Naming your business is an important branding exercise, but if you choose to name your business as anything other than your own personal name then you’ll need to register it with the appropriate authorities. This process is known as registering your “Doing Business As”.
What is a “Doing Business As” Name?
A fictitious name is a business name that is different from your personal name, the names of your partners or the officially registered name of your LLC or corporation.
It’s important to note that when you form a business, the legal name of the business defaults to the name of the person or entity that owns the business, unless you choose to rename it and register it as a Doing Business name.
For example, consider this scenario: John Smith sets up a painting business. Rather than operate under his own name, John instead chooses to name his business: “John Smith Painting”. This name is considered an assumed name and John will need to register it with the appropriate local government agency.
The legal name of your business is required on all government forms and applications, including your application for employer tax IDs, licenses and permits.