A DBA and an LLC, or limited liability company, are not the same thing. A DBA is merely a name used by a business, whereas an LLC is a legal structure that offers personal liability protection to its owners (referred to as members). Without setting up an LLC or registering a DBA, you can run a sole proprietorship in Pennsylvania. However, you’ll need to file a DBA if you wish to conduct business using a name other than your own. How Much Time Does It Take to Obtain a DBA?
The procedure for registering a DBA in Pennsylvania is not too difficult. The Pennsylvania Department of State will require you to fill out a fictitious name registration form and pay a fee. The application cost is now $70 and can be sent either by mail or online. Upon approval of your registration, you will be sent a certificate confirming your right to use the DBA. Usually, the procedure takes a few weeks. Are Trade Name and DBA the Same Thing?
A trade name and a DBA are equivalent in Pennsylvania. A trade name is a name that a company uses to identify itself to clients; the terms “trade name” and “DBA” are frequently used interchangeably. You must register your DBA (or trade name) if you’re conducting business in Pennsylvania under a name other than your own.
Licensed professionals in Pennsylvania who wish to form a restricted professional company (RPC) may do so. Architects, engineers, land surveyors, accountants, and a number of other professions can come together to establish an RPC. An RPC’s primary advantage is that it shields owners from personal liability. However, setting up an RPC might be trickier than setting up an LLC or registering a DBA, so you should consult with an experienced lawyer to make sure you’re doing everything correctly.
In conclusion, even though a DBA is not legally required in Pennsylvania, it can be needed if you want to conduct business under a name other than your own. A DBA can be registered in a matter of weeks, and the procedure is rather straightforward. To provide personal liability protection, you might want to think about creating an RPC if you’re a licensed professional in Pennsylvania. Regardless of what your company requires, it’s crucial to speak with an experienced lawyer to make sure you’re taking the right measures.
No, in Pennsylvania, two businesses cannot share the same DBA name. The DBA name needs to be distinctive and easy to tell apart from other state-registered business names. To prevent any potential legal concerns, it is crucial to carry out a comprehensive search of already-used business names before selecting a DBA name.