Businesses must submit an application to the Maryland Department of Assessments and Taxation in order to register a trade name there. The proposed trade name, the company’s name and address, and the name and address of the owner or owners must all be included in the application. The five-year registration is $25, and there is a $25 registration fee. Businesses must renew their trade name registration when the registration period has expired. How Can I Check if a Trade Name I Want Is Available in Maryland?
It is crucial to confirm if a trade name is available in Maryland before registering it. Businesses can verify the availability of a trade name on the website of the Maryland Department of Assessments and Taxation. Businesses must select a different name if the proposed name is already in use. What Does a Trade Name Cost in Maryland?
The cost to register a trade name in Maryland is $25. However, firms must also take into account additional expenses related to registering a brand name, such as legal fees for preparing and submitting the application. How do trade names and DBAs differ?
A business may conduct its operations under a name other than its legal name by using a trade name. The legal phrase used when a business uses a name other than its legal name is Doing Business As, which is an acronym for Doing Business As. Trade name and DBA are synonymous in Maryland.
In Maryland, a trade name is a crucial component of a company’s identification. The procedure of registering a trade name is simple, but companies must make sure the name they select is not already in use. Businesses must also take into account the costs of registering a trade name and, if necessary, obtain legal counsel.
A trade name registration application is processed in around 7 to 10 business days, according to the Maryland Department of Assessments and Taxation. However, this period of time could change based on the quantity of applications received and the veracity of the information provided.