In Illinois, a “doing business as” (DBA) certificate, also known as an assumed name certificate, is required if you intend to conduct business under a name that is not your own legal name. With the aid of this certificate, you are able to legally operate your company under a name other than your own. Here’s how to obtain an Illinois certificate for an assumed name.
The name of your company must be decided upon before you can submit an application for an assumed name certificate. Make sure the name you choose is not being used by another company in Illinois. On the website of the Illinois Secretary of State, you can look up name availability.
Step 2: Submit Your Certificate of Assumed Name You must submit an assumed name certificate to the county clerk in the county where your business is located once you have decided on a name. The certificate form is available from the county clerk’s office or can be downloaded from their website. Your personal information, the name you’ve picked for your company, and the kind of business you’ll be running must all be entered into the form.
The third step is to publish your assumed name. You must publish a notice of your assumed name in a newspaper with general distribution in the county where your business is located after you have submitted your assumed name certificate. The notice must run for three consecutive weeks, and beyond that point, the journal will give you an affidavit of publication.
Step 4: Renew Your Certificate of Assumed Name
You must renew your assumed name certificate before it expires because it only lasts for five years. By submitting a fresh assumed name certificate to the county clerk and posting a fresh notice of your assumed name in a newspaper with wide distribution in the county where your company is based, you can renew your certificate. Should I Give My Company My Own Name?
If you want to develop your personal brand and position yourself as an authority in your industry, naming your company after yourself may be a fantastic choice. Additionally, it can make it simpler for people to remember your name and locate you online. It can be wiser to pick a name that is unrelated to your identify if you intend to sell your company in the future. What Name Can I Give My Company?
The following elements should be taken into account while deciding on a name for your company: Is the name still available?
– Is the name simple to spell and remember? Does the name of your company adequately describe what it does? Is the name distinctive and memorable?
The procedure for creating an LLC is the same as for naming any other kind of business. You must select a name that is both readily available and accurately describes your company. Additionally, the last letter of your LLC’s name must be “Limited Liability Company” or another abbreviation, such as “LLC.”
Indiana charges $95 for normal processing and $100 for expedited processing to form an LLC. You will also need to pay $50 to file an annual report with the Indiana Secretary of State. However, additional costs can apply depending on the kind of business you run and the services you need. To ascertain the complete price of incorporating an LLC in Indiana, it is advised that you speak with an attorney or accountant.