Yes, an LLC may conduct business in Colorado under a DBA. You must register a trade name with the Colorado Secretary of State if you wish to run your LLC under a different name. You must use your LLC’s legal name on all contracts and legal documents since it will continue to be the name you used when you submitted your Articles of Organization. How Much Does it Cost in Colorado to Register a DBA? In Colorado, registering a DBA costs $20. When you register your trade name with the Colorado Secretary of State, you must pay this charge. Remember that this is simply the registration charge for your DBA; extra expenses for establishing an LLC or corporation might be due.
A DBA is only a mechanism for a company to conduct business under a name other than its official business name. Although setting up a DBA can be useful for branding and marketing, it offers no legal security for your company’s or your own assets. An LLC, on the other hand, is a business entity that shields its owners from liabilities. Your personal assets are segregated from your business assets when you form an LLC, so you are not personally responsible for any corporate obligations or legal problems. When you first start out, it’s a good idea to speak with an accountant or lawyer to identify the best form of business structure for you.
In conclusion, even though Colorado doesn’t mandate that companies register DBAs, you can still decide to do so if you want to conduct business under a name other than your registered business name. You may still want to think about creating an LLC or company to protect your personal assets because registering a DBA doesn’t provide any legal protection. It’s always a good idea to seek legal or accounting advice if you have any concerns about registering a DBA or creating an LLC.