A DBA, or “doing business as” name, may be required if you want to launch a business in Indiana. A DBA is a moniker that you can use in place of your real name when doing business. If you want to give your company a unique brand identification or if you want to give it a name that’s simpler for clients to remember, it’s frequently a smart idea to establish a DBA.
What does a DBA cost in Indiana?
Depending on the county in Indiana where your company is located, a DBA can cost different amounts. Usually, the price is between $10 and $50. This cost must be paid when submitting your DBA application.
How can I register a DBA for my company?
In Indiana, you must take the following actions to establish a DBA: 1. Decide on a name for your DBA. There cannot be a business in Indiana using the same name already. 2. Check the availability of the name you’ve selected on the Indiana Secretary of State’s website. 3. Finish completing the DBA application form. This form is available online or at the county clerk’s office in your area. 4. Make the needed payment.
5. Post a notice about your new DBA in your neighborhood paper. The notice must be up for three weeks straight. 6. Submit the affidavit of publication that has been notarized to the county clerk’s office.
Can you submit a DBA application online? Currently, Indiana does not allow online DBA applications. The application form must be fully filled out and delivered in person or by mail. What is a fictitious business name? DBAs can also go by the name assumed business names. It’s a moniker that a company chooses to operate under rather than the owner’s given name. Both single proprietorships and companies that are registered as LLCs or corporations may utilize an assumed business name.
In conclusion, setting up a DBA in Indiana is a simple procedure that only needs you to adhere to a few uncomplicated procedures. By establishing a DBA, you can give your company a unique brand identification that will make it simpler for clients to recall your name. If you have questions about the procedure or need assistance selecting a name for your DBA, you might want to speak with a lawyer or business expert.
Yes, you must register your business with the state of Indiana if you run a sole proprietorship there. In order to do this, a DBA (Doing Business As) name must be created and registered with the Secretary of State’s office in Indiana. This procedure makes sure that your company is acknowledged and given permission to operate in the state of Indiana.
A DBA (Doing Business As) is a made-up name that a person or organization uses to do business under a different name than their legal name. In contrast, an LLC (Limited Liability Company) is a sort of business structure that shields its owners from liability while enabling them to pass-through income and losses on their individual tax returns. A DBA and an LLC are fundamentally different from one another in that a DBA is not a distinct legal entity whereas an LLC is. This indicates that, in the case of a DBA, the business owner is still personally liable for all debts and obligations of the DBA. In contrast, an LLC offers the owners limited liability protection, which means that their private assets are safeguarded in the event that the business incurs debts or has legal troubles.