Starting a business in Arizona requires registering a trade name or “Doing Business As” (DBA). It is crucial to understand that a trade name is not the same as a legal name; rather, it is the name under which a firm conducts its operations. Depending on the county, different fees apply in Arizona to register a trade name. The cost is typically between $10 and $50 in most jurisdictions.
You must first perform a name search to make sure the name you intend to use is available before you can register a trade name in Arizona. On the website of the Arizona Corporation Commission, you can perform a name search. The Arizona Secretary of State’s office will accept your application once you have verified that the name is available. Your application can be submitted online or by mail.
You can submit an amendment with the Arizona Corporation Commission if you are the owner of an LLC in Arizona and want to add a DBA. A $25 filing fee is required for each amendment. It is crucial to remember that every business deal or contract must always incorporate the legal name of an LLC. The DBA is merely another name that the LLC is permitted to use while marketing.
Businesses must acquire a business license in Arizona as well. In Arizona, the price of a business license varies by city and industry. Additional licenses or permits can be needed in some cities. You must register with the Arizona Department of Revenue in order to receive a business license in Arizona. The registration price is $12.
Arizona’s Corporation Commission must receive an amendment before your business name can be changed there. A $25 filing fee is required for each amendment. It is crucial to understand that altering your company name will not affect your EIN or tax ID number. You will need to inform the IRS separately of any changes to your company name.
In conclusion, each business owner should consider registering a trade name in Arizona. Depending on the county, registering a trade name might cost between $10 and $50. The $25 filing fee for an amendment applies if you are an LLC owner and want to add a DBA. Businesses in Arizona must also acquire a business license, which can be registered for $12. In Arizona, you must submit an amendment to the Arizona Corporation Commission and pay a $25 fee in order to change your company’s name.
A business may operate under and identify itself to clients and the general public using a registered trade name. A “doing business as” (DBA) name, an assumed name, or a fictional name are other names for it. By registering a trade name with the state, you can prevent others from using it for their company in the same state.