Publishing your business name, sometimes referred to as filing a fictitious business name or “doing business as” (DBA), is an important step when beginning a firm. This procedure alerts the public that you are conducting business under a name other than your legal name. What you should know about publishing a business name is provided below.
Checking your state’s regulations for publishing a DBA is the first step. Generally speaking, you must submit a DBA to your state or county government before advertising your business name in a nearby newspaper. While some jurisdictions just demand one publication, others require you to publish your DBA many times.
You must file your DBA after learning the regulations of your state. Typically, this entails completing a form and paying a fee. Additional paperwork, such as a copy of your business license or registration, can also be required.
You must advertise your business name in a nearby newspaper after submitting your DBA. This is typically done in a local publication where your firm is situated. You will receive a notice of publication from the newspaper, which you must provide to your state or local government as proof that you have published your DBA.
Step 4: Maintain Records Keep track of the publishing and filing of your DBA. This can contain copies of your filing documents, fee receipts, and published notice copies. If you ever need to demonstrate that you registered and published your business name correctly, you may need to rely on these records. How to Post an Ad with a Fictitious Business Name Local newspapers are typically used to place ads for bogus business names. If you want to know how to put your ad, you can get in touch with the newspaper’s advertising division. In most cases, they’ll give you a form to complete and instructions on how to submit your notice.
You must in Florida publish your DBA in a newspaper that has been given the Florida Department of State’s approval. You will receive a notice of publication from the publication, which you must submit to the Department of State as proof that your DBA has been published. What Does DBA Stand For?
The acronym DBA stands for “doing business as.” When someone or a company uses a name other than their legal name, it is referred to as doing so legally. By submitting a DBA, you can operate under a business name without having to establish a different legal body, like a corporation or LLC.
A DBA is not eligible to be taxed as a S Corp. A certain kind of company entity, known as a S Corp, is established by filing paperwork with the IRS. Simply put, a DBA allows you to run your business under a different name. However, if you meet certain conditions and submit the required documentation to the IRS, you can choose to have your company taxed as a S Corp.