To run a business under a name other than the owner’s or owners’ names, a DBA registration is necessary. The public can quickly identify a business owner thanks to this registration, which also shields the owner from any legal repercussions that can result from using a name that is already in use by another person.
So how do you find out if a company name is already in use in Arizona? You can look up whether a business name is already in use in a searchable database maintained by the Arizona Corporation Commission. It is crucial to remember that a name may still be prohibited if it is deemed to be too similar to another brand name, even if it is not already in use.
Is it possible to act as your own statutory agent in Arizona? is another frequent query. An individual or organization named to receive legal documents on behalf of a company is known as a statutory agent. A business owner in Arizona has the option of serving as their own statutory agent, but it’s necessary to weigh the advantages and disadvantages. You can miss crucial deadlines or run afoul of the law if you are functioning as your own statutory agent and are unable to receive legal documents.
Let’s now discuss how much it will cost to create an LLC in Arizona. In Arizona, an LLC must pay a $50 filing cost in addition to an annual report charge that can range from $0 to $125 based on the LLC’s asset value. It is crucial to remember that there can be extra expenses related to creating an LLC, such as legal fees or expenditures for getting required licenses and permissions.
And last, how does one terminate a DBA in Arizona? You must submit a cancellation form to the Arizona Corporation Commission in order to revoke a DBA in Arizona. A DBA cancellation costs $10. The DBA registration will be inactive after the cancellation has been processed.
In conclusion, a DBA registration must be submitted if you are conducting business in Arizona using a name other than your own. It’s crucial to confirm the availability of the business name you choose and to weigh the potential disadvantages of serving as your own statutory agent. Be mindful of the accompanying charges when establishing an LLC in Arizona, and if you need to revoke a DBA, be sure you submit the necessary paperwork to the Arizona Corporation Commission.
You need to submit a Trade Name Amendment form to the Arizona Corporation Commission in order to modify your company name there. This can be done by mail or online. Additionally, you will need to inform the Internal Revenue Service, Arizona Department of Revenue, and any other pertinent state or federal entities of your updated business name. It’s crucial to change the name of your company on all contracts, licenses, permits, and other legal paperwork.