A fake name that a company employs in place of its legal name is known as an assumed name for a corporation. The term “doing business as” (DBA) is also used to describe this. Many companies adopt fictitious names to build their brands or set themselves apart from rivals that use names that are similar to theirs. Additionally, it can be used to alter the company name without having to follow the legal procedures involved in changing a corporation’s legal name.
You must submit a form to the relevant state agency in order to register a corporate assumed name. State-by-state variations in the filing procedure can be expected, but generally speaking, you must provide your contact information, the name you intend to use, and your present legal name. Additionally, a charge that differs by state must be paid.
You must submit a Certificate of Assumed Name to the Michigan Department of Licensing and Regulatory Affairs in order to register an assumed name for a corporation in Michigan. The $10 filing fee is payable online or by mail when submitting the form. You can use your assumed name on all of your business documents, such as contracts, invoices, and promotional materials, once it has been registered.
In Michigan, sole proprietors have the option of registering an assumed name for their company. This is frequently referred to as a DBA name, or “doing business as” name. A Certificate of Assumed Name must be submitted to the Michigan Department of Licensing and Regulatory Affairs in order to register your company in Michigan as a single proprietorship. You can file online or by mail for a $10 filing fee.
You can search the Michigan Department of Licensing and Regulatory Affairs database to find a DBA in Michigan. This database contains details on all businesses that have been registered in Michigan, including their legal name and any possible aliases.
An assumed name for a corporation, then, is a made-up name that a company employs in place of its legal name. Without having to go through the formal process of changing the corporation’s legal name, it can be used to establish a brand, set the business apart from rivals, or change its name. For a charge of $10, you must submit a Certificate of Assumed Name to the Michigan Department of Licensing and Regulatory Affairs in order to register an assumed name for a business or as a sole proprietor in Michigan.