To conduct business lawfully in Nebraska, you might need to submit a DBA (Doing Business As) if the name you use for your company differs from the official name for your LLC. A DBA is also referred to as a trade name, assumed name, or fictional name. To avoid problems with the law and fines, you must register your DBA with the Nebraska Secretary of State. A step-by-step tutorial for submitting a DBA for an LLC in Nebraska is provided below.
Step 1: Confirm the Name’s Availability Make sure the name you want to use is available and not being used by another company before submitting a DBA in Nebraska. You can use the online database of the Nebraska Secretary of State to see if your desired name is available. You will need to choose a different name if the one you want is taken.
Step 2: Become a DBA member When you are certain that the name you want is available, you can submit a DBA registration form to the Nebraska Secretary of State. The form can be submitted online or by mail. The form requests details like the legal name of your LLC, the DBA name, and your contact information. A filing fee is also required.
Step 3: Disseminate the DBA You must post a notice in a local newspaper for three consecutive weeks after submitting your DBA registration. The DBA name, the legal name of your LLC, and your contact information must all be included in the notice. After the publishing is finished, you must submit an affidavit of publication to the Nebraska Secretary of State. Can a single person own an LLC?
The answer is yes; such an LLC is referred to as a single-member LLC. A single-member LLC is protected from personal liability in Nebraska by being considered as a separate legal entity from the owner. Are LLCs privately held businesses? Yes, an LLC is privately held, which means it isn’t listed on a stock market for public trading. An LLC can only be owned by the members who also own the business.
Why does an LLC differ from a corporation?
Because an LLC is a hybrid business organization that combines the liability protection of a corporation with the ease and flexibility of a partnership, it is not a corporation. Compared to corporations, LLCs are simpler to maintain because they have less formal requirements. A corporation’s owners are not separate from it.
Yes, a corporation and its owners, usually referred to as shareholders, are two different legal entities. The corporation can hold assets, sue and be sued, and enter into contracts in its name. Shareholders are not held legally or financially accountable for the corporation.