Your legal name is either your given name or the name of your company entity as it is shown on your Oklahoma state registration. Contrarily, a trade name is a moniker you use for your company and which is distinct from your legal name. If you run a bakery and, for instance, your legal name is John Smith, you can decide to use the trade name “Sweet Treats Bakery.” Does Oklahoma Require the Registration of a DBA?
Unless you are a corporation or LLC that wishes to conduct business under a name other than the one you registered with the state, you are not needed to register a DBA in Oklahoma. It is still a good idea to register a DBA even if you are not obligated to. By registering a DBA, you may preserve your company name, build your brand, and make it simpler to get other business licenses and create bank accounts.
You must fill out a Trade Name Registration form and submit it to the Secretary of State’s office if you choose to register a trade name in Oklahoma. Basic information about your company is requested on the form, including your legal name, address, and the trade name you intend to employ. Along with these requirements, the document must be signed in front of a notary public and include the date you first used the trade name in Oklahoma.
Once your trade name has been registered in Oklahoma, you must submit a Trade Name Report once a year to keep your registration active. The report must be submitted by the anniversary of the day your trade name was registered. The report requests basic information about your company, including your legal name, address, and registered trade name. Additionally, there is a filing cost that you must pay.
To sum up, registering a trade name in Oklahoma is a rather simple procedure. Although it is not necessary, registering a trade name can help you build your brand and safeguard your company identity. You may make sure that your company is in compliance with state rules and regulations by taking the actions listed above.