Setting Up a Trade Name in Colorado: What You Need to Know

How do I set up a trade name in Colorado?
A trade name is filed by submitting the appropriate Statement of Trade Name form for your type of business. If this will be filed under an existing record: Search for your business record. On your Summary page select File a form. Select to file a trade name. Complete the trade name form through payment confirmation.
Read more on www.sos.state.co.us

A trade name is a name that a company uses that is different from its legal name, commonly referred to as a Doing Business As (DBA) name. A trade name is a crucial component of a company’s branding and marketing strategy in Colorado. There are specific procedures you must complete in order to comply with Colorado law if you intend to utilize a trade name for your company.

What is a trade name in Colorado?

A company’s name that it uses to identify itself to its clients and the general public is known as a trade name in Colorado. This name is distinct from the business’s legal name, which is the name that was given to the corporate entity when it was created. If your company is legally known as “John Smith LLC,” for instance, you are permitted to conduct business under the trade name “Smith Consulting.”

Does Colorado Require the Registration of a DBA?

Yes, you must file a DBA with the Colorado Secretary of State if you intend to utilize a trade name for your company. In order to ensure that the general public can recognize the owner of a business and to stop fraud, Colorado law mandates that this be done. The Secretary of State’s website offers online registration, which is a rather straightforward process.

Trade name and DBA – Are They the Same?

Trade name and DBA are equivalent terms, yes. A trade name is sometimes referred to as a DBA name in Colorado. Both phrases allude to the name that a company uses to distinguish itself from competitors and the general public.

How do a trade name and an LLC differ from one another?

A trade name is a moniker that a company uses to distinguish itself from other businesses and members of the public. A legal company called an LLC is created in accordance with state law to shield the business owners from personal liability. An LLC offers crucial legal protections for business owners, even though a trade name is a crucial component of a company’s branding and marketing strategy.

In conclusion, registering a trade name in Colorado is a crucial first step for any company looking to build a solid brand identity. You can make sure that your trade name is protected and that your business is in accordance with state laws by following the registration process and abiding by Colorado law. A business attorney or accountant who can offer direction and advice tailored to your case should be consulted if you have any issues regarding registering a trade name in Colorado.

FAQ
One may also ask do trade names expire?

In Colorado, trade names are perpetual, but to keep them in use, they must be renewed every ten years. It is crucial to remember that registering a trade name does not grant the owner the only right to use it; other companies are free to use a name that sounds similar as long as there is no likelihood of consumer confusion.