Step 1: Select a DBA Name You must pick a name that is not being used by another company before you can register a DBA in New Jersey. To do this, you can look up existing business names on the website of the NJ Division of Revenue and Enterprise Services. You can go to the following stage once you’ve located a name that is available.
Register Your DBA Name in Step 2 You must submit a Business Trade Name Registration to the NJ Division of Revenue and Enterprise Services in order to register your DBA name in New Jersey. You can send this through the mail or online. There is a $50 registration fee. A certificate of registration will be given to you if your registration is accepted.
Step 3: Make Your DBA Name Public You must publish a notice of your DBA name in a newspaper with general distribution in the county where your business is located after your DBA registration is authorized. Within 60 days of receiving your certificate of registration, this notification must be published. When you submit your annual report, you must include documentation of publishing.
Can more than one person own a DBA? A DBA may really have more than one owner. It’s crucial to remember that a DBA is not a separate legal entity from its owners, and as a result, the owners are personally liable for the obligations and liabilities of the company. How many DBAs is an LLC permitted to use? There is no restriction on how many DBAs an LLC may have. However, each DBA is need to register independently and adhere to state laws.
A DBA can be self-employed.
A DBA is not the same as working for yourself. A DBA is merely a name that a corporation uses, but self-employment is when a person works for themselves and is not an employee of another organization.
In conclusion, establishing a DBA in New Jersey is an easy procedure. You can conduct your business under a name that more accurately represents your brand and mission by selecting a distinctive name, registering your DBA, and issuing a notice of your name. Even though a DBA might have numerous owners, each DBA needs to be registered separately because it is not an independent legal entity from its owners.
A DBA (Doing Business As) may indeed employ people. A DBA is not a distinct legal body like a corporation or LLC; rather, it is only a fictitious name under which a firm conducts its operations. Consequently, a DBA owner has the same hiring rights as other business owners. It is crucial to keep in mind that the owner of the DBA is personally responsible for all debts and legal problems connected to the company, including any obligations brought on by employee behavior.