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Disadvantages of Filing Assumed Name Certificate, Fictitious Business Name or DBA!

 
 
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Category : > DBA / Assumed Name
Posted On : Fri Aug 28th,2009

 
 

A dba, Assumed name certificate, Fictitious business name or Trade name is just a certificate you are legally required to file. It helps you open a bank account and be legal but it does not protect your personal assets because the business entity is still a sole owner. A sole owner is liable for all civil or financial liability that the business incurs.

Should you file dba, Incorporate, or Form an LLC: Generally, if you are one person, and have a lot of personal assets, the best choice would be to incorporate or form an llc, You will be protected. If you don't have a lot of assets ( such as a home and an expensive car ), you may want to just want to appy for DBA . A corporation, depending on the state you want to incorporate, or form an LLC, may cost $100 to $200 more than a dba but it protects your personal assets. A dba does not protect you.

You can only operate your business in the county or city you file dba, for each addtitional county or city you have to file seperate dba.
 

If you are ready to register your business as a sole proprietor or a dba (doing business as) please click order
now button or for addition information click read more. You can also use our 24/7 live chat service for
free consultation or toll free
+1 (866)754 4460

 

  

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Comments (5)
Lynn   wrote on : Fri Nov 20th,2009
Thank you - helpful - well said
andrea   wrote on : Wed Apr 28th,2010
how do i just apply for a fictitiouse name only?
Reply : infotaxsquare.com
 
Dear  Andrea:

Thanks for choosing InfoTaxSquare.com for your business needs. Please use the following link to apply fictitious name.

https://www.infotaxsquare.com/forms/assumed_name.php

If you need any assistance please either call us at 516.822.3100 or email at support@infotaxsquare.com

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christine ear   wrote on : Wed May 12th,2010
I have a nevada corporation but doing business in puerto rico and alaska but have not established dba yet. but already have signs and contracts sign under the not yet filed dba name and not the corporated name..... I hope this make some sense. all this because I have a partner...
Reply : infotaxsquare.com
 
Dear Christine Ear:

Thanks for choosing InfoTaxSquare.com for your business needs. Technically to do business you are required to register your business. If you need our services then please either call us as 516.822.3100 or email at support@infotaxsquare.com

DBA Registration Link below:

https://www.infotaxsquare.com/forms/assumed_name.php

InfoTaxSquare.com
Business Documents
Filing!


Dan   wrote on : Tue Nov 02nd,2010
What do i have to do to cancel my dba ?
Reply : infotaxsquare.com
 
Dear Dan:  Thanks for choosing InfoTaxSquare.com for your business needs. You can contact to your county clerk office to cancel your dba. We can also help you to cancel your dba. If you want to retain our services to cancel then please call us at +1 (866)754 4460.

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michel   wrote on : Mon Nov 26th,2012
I would like to know what it is the meaning of what you wrote: "SNIP......You can only operate your business in the county or city you file dba, for each addtitional county or city you have to file seperate dba. ...SNIP........ do you mean I can only do business in the county I register as DBA?? what about if I am a traveling salesman and sales in different states? thanks
Reply : infotaxsquare.com
 
Dear Michel:

Thanks for choosing InfoTaxSquare.com for your business needs. You can operate business in entire state under your dba (doing business as), but, suppose your office is currently located and registered  in "County-X' and you want to establish  another office in "County-Y ", then you have to register dba in County-Y too. Hope we have answered your question.

You can also use the following link to read more about our services.

http://infotaxsquare.com/e-book/book-view.php


Committed to give our users most updated news!
For instant news please subscribe at www.InfotaxSquare.com


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