You must first decide on a name for your company. This name needs to be original and not being used by another company in Arizona. On the website of the Arizona Corporation Commission, you can determine whether the name you have in mind is available. You must submit a Trade Name Application to the Commission after selecting an available name.
In Arizona, submitting a trade name application costs $10. It’s vital to remember that this money is not refundable, so be sure you’ve settled on a name before filing. Payments can be made to the Commission with a credit or debit card, a cheque, or a money order.
By using the eCorp website of the Commission, you can submit your trade name application online. You can download a paper application from the Commission’s website and mail it in along with your money if you’d rather file by mail. In order for the Commission to send you a copy of your submitted application, be sure to include a self-addressed, stamped envelope if you decide to file by mail.
The Commission will issue you a Certificate of Trade Name Registration once your Trade Name Application has been reviewed and accepted. This certificate demonstrates that you are qualified to conduct business in Arizona using the name of your choice. You must maintain a copy of this certificate with your company’s records.
In conclusion, the procedure of registering a DBA in Arizona is easy and simple. You can submit a Trade Name Application online or by mail for a $10 filing fee. You will receive a Certificate of Trade Name Registration once your application has been accepted, which you must retain on file. You may make sure that your company is correctly recognised and can legitimately operate under its chosen name in Arizona by following these steps.
A separate bank account is necessary for a DBA (Doing Business As). To maintain correct accounting records and prevent any misunderstandings with the IRS, it is crucial to keep your personal and corporate income separate.