You might need to apply for a DBA in Arizona if you’re a lone proprietor or a partnership that uses a name other than your own legal name. By using a DBA, or “doing business as” name, you can lawfully run your company under a different name without setting up a distinct legal corporation. Here are some frequently asked questions regarding registering a DBA in Arizona and their responses. How do I apply for a DBA in Arizona? You must submit a Trade Name Application to the Arizona Corporation Commission (ACC) in order to obtain a DBA in Arizona. You must include details like your intended business name, the kind of business you operate, and the address where your firm will be located when submitting the application, which can be done either online or by mail. Arizona charges $10 for submitting a trade name application, and if your application is accepted, your DBA will be active for a period of five years. In Arizona, how much does a DBA cost? In Arizona, a DBA must be filed for $10. However, keep in mind that using a DBA may incur additional expenses, such as charges for registering for taxes or acquiring a company license. How does a DBA operate in Arizona? You can lawfully run your business in Arizona under a name other than your own legal name if you have a DBA. To legally use the term “Green Thumb Landscaping,” for instance, if your name is John Smith and you run a landscaping company under that name, you would need to submit a DBA application. However, since a DBA does not establish a distinct legal company, you will still be held personally responsible for any debts or legal problems that your business may incur. Does a DBA require its own bank account? It’s a good idea to maintain a separate bank account for your DBA even if it’s not legally needed to do so for a number of reasons. First off, it assists you in maintaining financial separation between your personal and commercial affairs, which is crucial for tax purposes and responsibility management. Additionally, keeping track of your business spending and revenue would be simpler if you have a separate bank account. How much does it cost in Arizona to register a business name? Depending on the sort of corporation you’re registering, Arizona has different fees for registering business names. For instance, in Arizona, a limited liability company (LLC) must pay $50 to register, whereas a corporation must pay $60. The $10 filing cost for a DBA, which is necessary if you’re doing business under a name other than your own legal name, should not be confused with these fees.
In conclusion, obtaining a DBA in Arizona requires submitting a Trade Name Application with the ACC and paying a $10 charge. The procedure is reasonably straightforward. A DBA enables you to conduct business under a different name without using your own name, even if it does not establish a distinct legal organization. In order to keep your personal and business finances distinct, it’s also a good idea to open a separate bank account for your DBA. There will be additional costs involved in setting up a new business entity in Arizona, such as an LLC or corporation.
