A business that conducts business under a name different than its legal name is referred to as a DBA (Doing Business As). Although having a DBA is not required in Michigan, it can help with branding and separating your personal and professional identities. Here’s what you need to know if you’re considering opening a business in Michigan and are asking how to obtain a DBA.
As previously stated, Michigan law does not mandate the use of a DBA. However, you must register a DBA with the state if you intend to conduct business using a name different than your legal name. Additionally, if you want to sign contracts, apply for a loan, or open a company bank account, you must do this.
You must register your business name with the state of Michigan if you intend to run a business under a name other than your legal name. This procedure is also referred to as DBA filing. In Michigan, you must do the following actions in order to register your business name:
The first step is to select a name that is distinctive and hasn’t been taken by another company in Michigan. You can use the Michigan Department of Licensing and Regulatory Affairs (LARA) database to see if the name you want is available.
Step 2: Submit the DBA Form The DBA form must then be submitted to LARA, the Michigan Department of Licensing and Regulatory Affairs. You can submit the form electronically or by mail. You must include your contact information, the name and address of your company, and any other pertinent information. Step 3 is to pay the filing fee.
In Michigan, a DBA must be filed for a price of $10. You can pay this fee online or by mail. After your money is received, the state will register your DBA. Is it necessary for me to register my business name in Michigan? You must register your business name with the state of Michigan if you intend to run your company under a name other than your legal name. This is also referred to as a DBA filing. Fines and legal repercussions may occur from failing to register your DBA.
You must take the actions listed above in order to get a DBA in Michigan. Make a distinctive choice for your company’s name, submit the DBA form to the state, and pay the filing cost. Once your DBA is authorized, you can use it to do business and establish your brand identity.
To sum up, getting a DBA in Michigan is a rather easy process that can be quite advantageous for your company. You can register your business name and start using it by carrying out the above-mentioned processes. To prevent legal problems and fines, don’t forget to check the availability of your selected name and register your DBA.
It is irrelevant whether an LLC or DBA is better because they both have different functions. An LLC (Limited Liability Company) is a type of business structure that shields its owners from personal liability and operates as a distinct legal entity from its owners. A DBA (Doing Business As) is simply a name used by a business and not the owner’s or entity’s legal name. So, creating an LLC can be a preferable option if you wish to safeguard your personal assets and create a separate legal organization. A DBA may be more suited if all you want to do is run your business under a name other than your own.