Depending on the sort of company entity you are registering in Ohio, there are different fees involved. For instance, in Ohio, forming a Limited Liability Company (LLC) costs $99, whereas forming a corporation costs $125. However, Ohio only charges $39 to register a DBA. The Ohio Secretary of State must receive payment of this non-refundable charge.
In Ohio, an LLC is permitted to use a DBA. In order to make their company more identifiable to its clients, many LLCs decide to operate under a DBA. It is crucial to keep in mind that all official papers, including contracts, licenses, and tax returns, must still bear the LLC’s legal name.
A DBA and an LLC are two separate kinds of corporate entities. While an LLC is a separate legal organization from its owners, a DBA is just the name under which a firm conducts its operations. An LLC offers its owners limited liability protection, which shields their private assets from any corporate obligations or legal liabilities. A DBA, on the other hand, does not offer business owners any kind of legal protection.
No, in Ohio, two companies cannot share the same DBA name. All DBAs registered in Ohio are listed in a database kept by the Secretary of State’s office. A company’s application will be denied if it tries to register a DBA that is already in use by another company. To prevent future legal complications, it is crucial to select an original name for your company.
In conclusion, you must register a DBA in Ohio if you intend to operate your business under a name other than your legal name. The Ohio Secretary of State must receive $39 in order to process a DBA registration in Ohio. In Ohio, an LLC may also operate under a DBA, but it is crucial to utilize the LLC’s legal name on all correspondence. A DBA and an LLC are two distinct kinds of corporate entities, and in Ohio, two businesses are not allowed to use the same DBA name.