Form X201 Sole Proprietorship With Two Owners
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FAQ
There is no form to file to start a Sole Proprietorship. Simply by engaging in activities with the goal of making money, you are operating as a Sole Proprietor. However, if you'd like to do business under a name besides your first and last name, you'll need to register a DBA (Doing Business As) Name.
How much does a DBA filing cost in New York? For sole proprietors, the filing fee for a DBA in New York is $100. Certified copies of the business certificate are an additional $10 each. Sole proprietors file a DBA with the county clerk they plan on doing business with.
To ensure that your DBA name is available, you can conduct a name search using the Department of State Division of Corporations, State Records, and UCC Database. It is also a good idea to check for any state or federal trademarks.
New York law requires that a company use its true legal name to conduct business. Thus, companies seeking to use a name other than their true legal name must file for a DBA. DBAs can be useful for a number of reasons. They allow a business to open a bank account and process transactions under a different name.
New York law requires that a company use its true legal name to conduct business. Thus, companies seeking to use a name other than their true legal name must file for a DBA. DBAs can be useful for a number of reasons.