A Doing Business As (DBA) certificate, commonly referred to as an assumed name certificate, is a legal document that permits companies to conduct business under a name other than their legal name. Businesses must submit an assumed name certificate to the Secretary of State’s office in Louisiana. But how long is a Louisiana certificate with an assumed name valid?
The duration of an assumed name certificate is five years from the date of filing, is the response. Businesses who intend to continue using a DBA after that time must either file a new assumed name certificate or renew their current one. Punishments and potential legal problems may follow from failing to renew or resubmit an assumed name certificate on time.
You can search the Louisiana Secretary of State’s Business Database if you need to find a DBA there. You can search this database for firms by name or owner name, and it offers details on their legal status, registered agent, and any fictitious names they could be using.
Businesses in Louisiana must submit an assumed name certificate to the Secretary of State’s office in order to formally adopt a business name. This can be completed in person, by mail, or online. In Louisiana, an assumed name certificate must be filed for $50. The business may start using the DBA after the certificate has been submitted and authorized.
Businesses in Louisiana are required to register with the Louisiana Department of Revenue in order to receive a tax ID number, in addition to filing an assumed name certificate. This number is used to identify the company for tax purposes, as well as to file tax returns and pay state taxes. Using the Louisiana Taxpayer Access Point (LaTAP) system, businesses can apply for a tax ID number online or by mail.
The price to register a business in Louisiana varies according on the services required and the kind of corporate structure. For instance, a corporation must pay $75 to file its articles of incorporation, whereas a limited liability company (LLC) must pay $100 to file its articles of organization. The cost of expedited processing or other services may be higher.
In conclusion, a Louisiana assumed name certificate has a five-year expiration date and needs to be updated or reapplied for in order to continue utilizing a DBA. Businesses can use the Secretary of State’s company Database to research DBAs in Louisiana, and for a $50 charge, they can formally adopt a company name by submitting an assumed name certificate to the Secretary of State’s office. A tax ID number for business use must be obtained by registering with the Louisiana Department of Revenue. Depending on the kind of business and the services required, different businesses require different amounts to register in Louisiana.
An Assumed Name Certificate in Louisiana is good for five years after the filing date. The distinction between an Assumed Name and a DBA (Doing Business As) is essentially nonexistent. Both terms describe a business or person that goes by a name other than their legal name. However, Assumed Name is more frequently used in Louisiana than in the United States, where DBA is more frequently employed.