Is a trade name a legal entity?

A legal name must be registered with a state government and includes a legal ending, such as an LLC or LLP, after the title. This is used in communicating with the government. A trade name is generally considered the name a business uses for advertising and sales purposes.

What is the difference between a legal name and a trade name?

In a nutshell: A registered or legal name is your business tax ID number, used by federal and state taxing agencies, banks, and for other legal purposes. A trade name is used for advertising or trade purposes.

How do I register a DBA in Florida?

Step 1 Legal Notice Advertisement. A legal notice is required to be published in a newspaper that has circulation in the county where the business is located BEFORE filing the registration form. Step 2 Fill out the Form. ... Step 3 Submit the Form.

Do trade names need to be registered?

A trade name is a fictitious name that a business entity must register if it wants to conduct business under an assumed name other than its legal name (the name found on the articles of incorporation). Trade names are often the names the general public sees and uses to identify the company.

Is a trade name the same as a DBA?

A trade name is also known as a fictitious name or a DBA (doing business as). A registered business entity can file for Registration of Trade Name (Form T-1) as long as the name is different from its registered name.

What does registered trade name mean?

A trade name is the official name under which an individual as a sole proprietor or a company chooses to do business. A trade name is commonly known as a doing business as (DBA) name.

How do I set up a DBA in Florida?

Step 1 Legal Notice Advertisement. A legal notice is required to be published in a newspaper that has circulation in the county where the business is located BEFORE filing the registration form. Step 2 Fill out the Form. ... Step 3 Submit the Form.

Do you need to register a trading name?

A trading name is the name (or names) used by a person, partnership or company for carrying out business, which is not the same as their own name or official registered name. A business may use as many trading names as it requires, but these cannot be registered as official names of the company.

How much does it cost to register a DBA in Florida?

To register a fictitious name, submit a Fictitious Name Registration form to the Division of Corporations and pay a $50 processing fee. The form must include: The fictitious name to be registered. The mailing address of the business.

What is the difference between fictitious name and LLC?

The biggest difference between a DBA and an LLC is liability protection. Under a DBA, there is no distinction between the business owner and the business. ... On the other hand, an LLC provides limited liability protection. The business owners' personal property remains completely separate from the business.

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6 Del.C. Ch. 31 REGISTRATION OF TRADE, BUSINESS & FICTITIOUS NAME CERTIFICATE County: New Castle Kent Sussex TRADE NAME: Business Address: Phone Number: Person, Firm or Association (Parent Company,.

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