One of the initial actions you must take when opening a business in Oregon is to register your business name. Because it establishes your company’s identity and safeguards your brand, registering your business name is crucial. We’ll go over the procedures you must follow in Oregon in this post, along with some frequently asked questions concerning business registration. Do I need to register my company in Oregon?
You must register your company with the Oregon Secretary of State’s office if you are launching a business there. No matter their size or industry, all enterprises based in the state are subject to this. Additionally, you’ll need to acquire any licenses and permits your business may require.
Make sure your chosen business name is available before registering it in Oregon. On the website of the Oregon Secretary of State, you may determine whether your company name is available. You’ll have to think of a new name if the one you want for your company is already used. Is it possible to register a business name without using it? You can register a business name even if you don’t utilize it. It’s crucial to remember that you risk losing the ability to use your registered business name if you don’t use it. Furthermore, even if you’re not operating under your company name, you’ll still need to make any required filings and pay any related fees.
A business may conduct its operations under a name different than its legal name by using a “doing business as” (DBA) name. Partnerships and sole proprietorships frequently employ this. On the other hand, an LLC is a legitimate corporate form that shields its owners from liabilities. While an LLC may want to conduct business under a DBA name, this does not make them the same.
You must submit a “Business Name Registration” form to the Oregon Secretary of State’s office in order to register your business name there. This form can be submitted online or by mail. Your business name registration costs $50.
You might want to think about registering your company as an LLC in addition to your business name. You and your company will benefit from tax advantages as well as liability protection. You must submit Articles of Organization to the Secretary of State’s office along with a $100 registration fee to become an LLC in Oregon.
In conclusion, the first step in opening a business in Oregon is registering your business name. Before registering your business name, be sure to check to see if it is already taken. For more security, think about registering your company as an LLC.