A legal term known as “doing business as” refers to a name under which a company conducts business. In South Carolina, establishing a DBA is a simple procedure that may be completed in a few quick steps. This article will answer some frequently asked questions about registering a company name and provide a step-by-step tutorial on how to set up a DBA in South Carolina.
Step 1: Pick a Name for Your Company To create a DBA in South Carolina, you must first decide on a name for your company. The name you select must be original and unregistered with another company in the state. Make sure your selected name is available by conducting a search for existing business names on the South Carolina Secretary of State’s website.
Step 2: Submit a Fictitious Name Application
After deciding on the name of your company, you must submit a fictitious name application to the Secretary of State’s office of South Carolina. The application can be submitted in person, via mail, or online. The name you have chosen, your name and address, as well as a brief description of your firm, must all be included in the $10 application.
Step 3: Advertise in a Local Newspaper
After submitting your application for a fake name, you must advertise your DBA in a local newspaper. For three weeks in a row, this notice must be published once each week. Your DBA name, your name, your address, and a brief summary of your company should all be included in the notice.
Obtaining Licenses and Permits (Step 4) After registering your DBA, you might need to apply for licenses and permits in order to lawfully run your business in South Carolina. Your business’s location and type will determine the particular licenses and permissions you require. The South Carolina Business One Stop website has more details on licenses and permits. Related questions include: What is the price of a DBA in South Carolina?
A DBA application in South Carolina costs $10. Do sole proprietors in South Carolina have to register with the state?
In South Carolina, there is no requirement for sole owners to register. To create a DBA, you must submit a fictitious name application if you are operating under a name other than your own. What does it cost to register a business name in South Carolina?
A fictitious name application in South Carolina costs $10 to submit. Do sole owners have to file a state registration form?
In South Carolina, there is no requirement for sole owners to register. To create a DBA, you must submit a fictitious name application if you are operating under a name other than your own.
Simply put, a DBA (Doing Business As) is a mechanism for a company to conduct business under a name other than its legal one. An LLC (Limited responsibility Company), on the other hand, is a distinct legal entity with its own tax obligations and rules that offers personal responsibility protection to its owners (also known as members). A DBA is essentially just a business name, but an LLC is a unique legal entity.
A DBA (Doing firm As) is simply the name that a firm uses to conduct its operations; it is not a standalone legal entity or organizational structure. Consequently, a DBA is not a business; rather, it is a mechanism for a business to conduct business using a name other than its legal one.