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

 
0.3/5 stars (3 votes)
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
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+1 (866)754 4460

 

  


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Comments (6)
Lynn   wrote on : Fri Nov 20th,2009
Thank you - helpful - well said     View Detail
andrea   wrote on : Wed Apr 28th,2010
how do i just apply for a fictitiouse name only?     View Detail
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

InfoTaxSquare.com
Business Documents
Filing!


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...     View Detail
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!


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