Is a DBA a Fictitious Name?

Is a DBA a fictitious name?
DBA, fictitious name or trade name is the name under which a business entity performs its functions and relates to the public. A fictitious name has the same meaning as a DBA, and both terms are interchangeable.
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A “doing business as” name, or DBA name, is not a made-up name. Instead, it is a legal word used to describe a company that goes by a name other than the legal name of the owner or owners. Businesses in several states must submit a DBA application to the relevant government department in order to conduct business under a different name.

Can a DBA be added to a personal checking account after that?

A DBA may be added to a personal checking account, yes. Usually, the legal name of your company must be provided when opening a checking account. You can also include the name you use if you operate under a DBA. To add the DBA to your account, some banks might need other information, such a copy of your DBA registration.

Also, can you have two DBAs, others question. You can have more than one DBA for the same company, yes. Numerous companies run various product lines or brands, each with its own identity. In these circumstances, it would be advantageous to submit a different DBA for each brand or product line. However, it’s crucial to remember that each DBA needs to be registered with the correct government body in order to be accepted in court.

How can I safeguard the name of my company? You should think about filing for trademark protection for your company name. A trademark is a formal designation that grants the owner of the mark the sole right to use the name or emblem in connection with a certain class of products or services. You must perform a trademark search before you can register a trademark to make sure that no other company is already using the name you want to use. Additionally, you will be required to submit a trademark application to the relevant government body and pay a registration cost.

Can I trademark a name even if I have no business?

You can trademark a name even if you don’t have a company. You must use the name in conjunction with a certain class of products or services in order to do this. For instance, even if you do not currently have a business, you can still apply for a trademark if you have an idea for a good or service and wish to protect the name. It is crucial to remember that a trademark only offers security for the particular products or services stated in the application. You might need to submit more trademark applications if you subsequently decide to take your company into new markets in order to secure your identity.

FAQ
Can you have a similar business name?

Yes, you are permitted to use a name for your firm that is similar to another company’s, but you must make sure that it does not violate that company’s trademark or other intellectual property rights. It is advised to perform a comprehensive investigation and speak with a legal expert before selecting a company name. The chosen name must also be legal under all applicable local, state, and federal rules and regulations.

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