A DBA is sometimes called a trade name, fictitious name, or assumed name. For example, 295,500 firms reported using between $5,000 and $9,999 to start their business. DBAs are used by sole proprietors, partnerships, corporations, and limited liability corporations any time they are operating under a name other than the legal one they are registered as, such as a personal legal name or the legal name of the business. All forms are provided in Acrobat (.PDF) format. “LLC” stands for “limited liability company.” It is similar to a corporation, but offers more flexibility in management and taxation and generally has fewer recordkeeping requirements. Forming certain business entities, filing an assumed name, or registering a trademark can afford you business name protection. A DBA is any registered name that a business operates under that isn't its legal business name. Below is a list of forms and filing fees for filing Limited Liability Companies with the Division of Corporations. As a result of the statutory conversion, your corporation becomes an LLC, and so there is no need for a separate process to dissolve the corporation. Visit our DBA vs LLC guide to learn more. Unlike other methods of conversion, only one business entity is involved, and you do not need to separately form an LLC before the conversion can occur. To estimate the total capital amount used, we assumed the average firm in that range used $7,500, which is halfway between $5,000 and $9,999. If filing an Assumed Business Name, this office does NOT check against other Assumed Names on record as the law allows for the same or similar Assumed Business Name to be filed. To make our estimates, we assumed that businesses used the average of the range to fund their business. You may be operating your business under a "doing business as," or DBA, name. A DBA isn't a business structure and doesn't provide any personal asset protection like an LLC or corporation. If you wish to complete the forms on-screen, you need to download a version of the Adobe Reader by visiting the Adobe Website.
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