Whether a DBA can have an Employer Identification Number (EIN) is one of the most frequent queries from business owners. Yes, it is the answer. If a DBA is registered as a sole proprietorship, it is permitted to have an EIN. If you intend to hire staff members or open a company bank account, you must have an EIN.
A DBA certificate in Massachusetts is good for four (4) years after the date of filing. To keep your company in good standing with the state, you must renew your DBA prior to its expiration. By submitting a fresh registration form and the necessary cost, you can renew your DBA.
You must do the following actions in order to establish a sole proprietorship in Massachusetts:
2. Register your business: The Massachusetts Secretary of State’s office must receive a registration for your company. Online, via mail, or in person registration are all options.
4. Obtain an EIN: If you intend to hire staff or open a business bank account, you must obtain an EIN from the Internal Revenue Service (IRS). 3. Obtain necessary licenses and permits: Depending on the type of business you are starting, you may need to obtain licenses and permits from state or local authorities. Taking This into Account, How Do I Obtain a DBA Certificate?
1. Pick a trade name: It must be distinct and not in use in the state when you choose your trade name.
2. Register your trade name: The Massachusetts Secretary of State’s office must receive a registration form from you. Your business name, your name, your address, and the nature of your operation must all be listed on the form.
4. Post a notice: Within 30 days of submitting your registration form, you must post a notice of your trade name in a nearby newspaper.
In Massachusetts, a DBA certificate normally takes 1-2 weeks to process. If there are any problems with your registration form or you need to make any corrections, it can take longer. It is crucial to prepare ahead of time and submit your DBA certificate well before the date you intend to begin operating under your trade name.
In conclusion, if a DBA is registered as a sole proprietorship, it is permitted to have an EIN. In order to conduct business in Massachusetts under a trade name other than your legal name, you must apply for a DBA certificate. A DBA certificate can be renewed and is good for four (4) years after the date of filing. You can begin your single proprietorship and get a DBA certificate in Massachusetts by following the instructions provided in this article.