Understanding Oregon Assumed Business Name: What You Need to Know

You may have heard the term “assumed business name” or “ABN” spoken if you’re launching a business in Oregon. A “doing business as” or “DBA” name is also referred to as an assumed business name. If you intend to conduct business in Oregon under a name other than your legal name, you must have an assumed business name. Should I Register a DBA in Oregon? Yes, you must register an assumed business name with the Oregon Secretary of State if you want to conduct business using a name other than your legal name. Limited liability businesses (LLCs), corporations, partnerships, and sole proprietorships are all affected by this.

Yes, a DBA and an assumed business name are the same thing. In other states, the phrase “doing business as” is frequently used, however in Oregon, the phrase “assumed business name” is utilized.

A “trade name” or “fictitious name” is another term for the name under which a firm conducts its operations. This name is used for branding, marketing, and other business-related purposes; it is not the official name of the company.

An individual who owns and manages a business is known as a sole proprietor. The lone proprietor conducts business under a DBA, or assumed business name. The DBA essentially serves as the sole proprietor’s trade name for purposes of conducting business. It’s crucial to understand that a DBA merely allows a sole proprietor to conduct business under a different name; it does not establish a separate legal entity from the sole proprietor.

In conclusion, you must register an assumed business name with the Oregon Secretary of State if you want to conduct business in Oregon under a name other than your legal name. The same as a DBA, an assumed business name is used to carry on operations under a name different than the legal name of the business entity. The DBA is only a trade name used by sole proprietors to carry out commercial operations.