You might be unsure whether you need to submit a DBA application if you’re beginning a business in North Carolina. An official document known as a DBA (Doing Business As) enables a business to use a name other than the owner’s legal name. An alternative name for a DBA in North Carolina is a trade name. Here is all the information you need to know about obtaining a DBA in North Carolina, including the price.
A DBA is not legally necessary in North Carolina for sole proprietors or general partnerships. However, you must file a DBA if you wish to conduct business using a name other than your legal name. This is particularly crucial if you intend to open a bank account or sign contracts under the name of your company.
In North Carolina, a DBA is a legal instrument that permits a business owner to conduct business under a name other than their legal name. This is also referred to by its trade name. Although registering a DBA does not establish a separate legal company, it does permit the business owner to use a name other than their given name.
A Limited Liability Company (LLC) and a DBA are two different kinds of business entities. Simply said, a DBA is a legal instrument that permits a business owner to conduct business under a name other than their legal name. On the other hand, an LLC is a distinct legal entity that offers its owners limited liability protection. This implies that the owners’ private assets are safeguarded in the event that the LLC is sued. Can You Submit a DBA Application Online?
Yes, you can submit an online DBA application in North Carolina. The North Carolina Secretary of State’s website has instructions for completing the procedure, which is rather straightforward. In North Carolina, a DBA must be filed for a fee of $26.
In conclusion, a DBA is crucial if you intend to operate your business under a name that’s different from your legal name even if it’s not legally necessary for sole proprietors or general partnerships in North Carolina. Simple DBA filing procedures can be completed online for a cost of $26. A DBA is not the same as an LLC, which is a distinct legal organization that offers its owners limited liability protection.