You might be unsure if you need to apply for a DBA (Doing Business As) name if you’re beginning a business in Minnesota. It depends on the kind of corporate entity you have, is the quick response. You must register for a DBA name if you own a sole proprietorship or general partnership and are operating under a name other than your own. However, unless you intend to conduct business under a different name, you don’t need to file for a DBA name if you have an LLC or corporation.
You can apply for a DBA name if you have an LLC in Minnesota and wish to conduct business under a different name. You must submit a Certificate of Assumed Name to the Minnesota Secretary of State in order to accomplish this. The certificate must specify your LLC’s name, address, the DBA name you intend to employ, the nature of the business you are operating under the DBA name, and the date the assumed name became effective. A filing fee is also required.
In Minnesota, you can obtain a Certificate of Assumed Name by submitting the required paperwork to the Secretary of State’s office. On the website of the Secretary of State, the form can be downloaded. You must mail the completed form to the Secretary of State’s office along with the filing fee after you’ve completed it. The Secretary of State’s eFile system allows you to submit the form electronically as well.
An alternative name to the company’s legal name is known as a DBA (Doing Business As) name. A corporate entity known as an LLC (Limited Liability Company) provides its owners with limited liability protection. A DBA and an LLC are fundamentally different from one another in that an LLC is a distinct legal entity while a DBA is not. An LLC can now sign contracts, file lawsuits and defend them, as well as possess property under its own name.
In order to establish a sole proprietorship in Minnesota, you must file a Certificate of Assumed Name with the Secretary of State’s office. Additionally, you’ll need to acquire any licenses and permits your business may require. If you want extra protection for your personal assets, you might think about creating a distinct legal entity like an LLC because you will be personally liable for any debts or liabilities incurred by the firm.
In Minnesota, a Certificate of Assumed Name must be filed with the Secretary of State’s office in order to receive a DBA certificate. This can be completed in person, by mail, or online. The applicant’s name, address, the assumed name being used, and the kind of business being performed must all be listed on the certificate. The cost to file the certificate varies depending on the method and kind of business entity used to file it. The business name is not legally protected by a DBA certificate, so it is advised that, for further security, a trademark or service mark be filed with the Minnesota Secretary of State.