Although it’s not necessary to register a DBA in Indiana if you use a different name for your company than your legal name, doing so may be a smart idea. For instance, if your name is John Smith and you wish to launch a landscaping company with the name “Green Thumb Landscaping,” you must file a DBA. By doing this, you can be sure that your company can legally use that name. How do I apply for a DBA in Indiana?
1. Select a name for your company: Make sure the name you select is distinctive and has not been taken by another company in Indiana. 2. Check the business database maintained by the Indiana Secretary of State to see if the name you desire is already taken.
4. Publish an announcement of your DBA in a local newspaper in the county where your company is located. Within 30 days of registering your DBA, you must complete this. How Much Does it Cost in Indiana to Register a DBA?
As was already noted, there is a $20 cost for online registration and a $30 fee for mail-in registration. Additionally, depending on the newspaper you select, there may be a fee associated with publishing a notice of your DBA. Does Indiana Require the Registration of a Sole Proprietorship?
You are not obliged to register your business with the state of Indiana if you are doing it as a sole proprietorship. However, depending on the kind of business you’re running and where it’s located, you might still need to seek municipal licenses and permits.
In conclusion, setting up a DBA in Indiana is a straightforward procedure that can help ensure your company is legally able to function under a name other than your legal one. Although it’s not necessary, it’s a smart idea if you want to build a distinctive brand for your company. And while registration might not be necessary for sole proprietorships, it’s still crucial to make sure you have all the licenses and permits you need to properly run your firm.
A DBA (Doing Business As) registration enables a person or business to conduct operations under a name other than their legal name. It does not offer any protection from the law or create a barrier between the owner of the firm and it. However, an LLC (Limited Liability Company) is a sort of business structure that offers the owner’s personal assets legal protection in the event of any litigation or liens. Additionally, it provides managerial freedom and tax advantages. An LLC must submit its articles of establishment to the state and pay registration fees, unlike a DBA.
A DBA (Doing Business As) registration in Indiana is good for five years from the registration date. To continue using the DBA name after the initial five years have passed, the registration must be updated.