Doing business as (DBA) is a legal term that describes a company that conducts business under a name other than that of the owner. In place of the owner’s legal name or the registered name of a partnership, LLC, or corporation, a business may use a DBA. A trade name, fictional name, or assumed name are other terms for a DBA name. The owner can operate their business under a name that is more identifiable and memorable to clients by using a DBA.
A company can accept cheques sent out to its DBA name for payment purposes. To accept checks written in the DBA name, the company must have an active bank account in that name. To deposit checks made out in a certain name, the bank account must be registered under that name. A business owner should be cautious not to deposit cheques made out to the DBA name into their personal account if they have both a personal account and a DBA account. Financial and legal problems may result from doing so.
Let’s now discuss the distinction between a DBA and a trade name. A DBA is a legal word used to designate a firm that operates under a name different than its legal name, whereas a trade name is the name a business chooses to identify itself to the public. A DBA name might or might not be a commercial name. For instance, “Nike” is both the company’s legal name and a trading name. However, “Joe’s Pizza” could be a DBA for a company whose actual name is “Joe’s LLC.”
You must submit an Articles of Amendment to the Georgia Secretary of State if you want to modify the name of your LLC there. The new LLC name must be provided, and the necessary costs must be paid. Only once the Georgia Secretary of State has given her approval to the Articles of Amendment will the name change take effect.
You must visit the Fulton County Clerk’s Office in order to file a DBA in Fulton County, Georgia. Both the name of your company and the DBA name you want to use must be provided. Additionally, you’ll need to pay the necessary fees. Once the DBA has been authorized, you can begin utilizing it for commercial purposes.
A corporation may use different trade names, but each one must be registered with the state as a DBA. Each business that a corporation owns may operate under its own trade name, but each trade name must be registered as a DBA with the state if the corporation owns numerous enterprises.
So long as the company has a legitimate bank account registered under the DBA name, checks can be made to a DBA name. A DBA is a legal word used to designate a firm that operates under a name different than its legal name, whereas a trade name is the name a business chooses to identify itself to the public. An Articles of Amendment must be filed with the Georgia Secretary of State in order to change the name of an LLC there. You must visit the Fulton County Clerk’s Office and pay the necessary fees in order to file a DBA in Fulton County, Georgia. A corporation may use any number of trade names, but each one must be filed with the state as a DBA.