Connecticut Assumed Name Certificate is a legal document that allows businesses or individuals to operate under a name other than their legally registered name. This certificate is commonly used when a company wants to conduct business under a different name or when an individual wants to start a business using a name other than their legal name. The Connecticut Assumed Name Certificate is obtained from the Secretary of the State's office, where it needs to be filed and registered. It serves as proof that the business or individual is authorized to use the assumed name in their business operations. There are two types of Connecticut Assumed Name Certificates that can be filed: 1. Individual Assumed Name Certificate: This type of certificate is filed by an individual who intends to conduct business under a name other than their legal name. For example, if John Doe wants to operate a consulting business called "Doe Consulting Services" instead of using his legal name, he would file an individual assumed name certificate. 2. Business Assumed Name Certificate: This type of certificate is filed by an existing business entity that wants to operate under a different name. For instance, if XYZ Corporation wants to conduct business as "ABC Enterprises," they would file a business assumed name certificate. To obtain a Connecticut Assumed Name Certificate, applicants need to follow a specific process. Firstly, they must search the Connecticut Secretary of State's database to ensure that their desired assumed name is not already in use. Next, they must complete the Assumed Name Certificate form, providing details such as the legal name of the individual or business, the desired assumed name, and the nature of the business. After completing the form, it must be filed with the Secretary of the State's office, along with the applicable filing fee. Once the Connecticut Assumed Name Certificate is approved and filed, the business or individual is legally authorized to conduct business under their assumed name. This certificate is typically valid for a specific period, ranging from five to ten years, depending on the state's regulations. It is important to note that the Assumed Name Certificate does not provide trademark protection for the assumed name, and separate trademark registration may be required to secure exclusive rights to the name. In conclusion, the Connecticut Assumed Name Certificate is a crucial document that allows businesses and individuals to operate under a name other than their legal name. It helps maintain transparency and ensures that customers and clients can easily identify and communicate with the entity using the assumed name. By obtaining this certificate, businesses can legally establish their presence and operate smoothly while maintaining compliance with state regulations.
Connecticut Assumed Name Certificate
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How to fill out Connecticut Assumed Name Certificate?
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FAQ
A sole proprietorship is easy to establish. You don't need to take any legal steps to form this type of business. If you are the only owner and begin conducting business, you automatically become a sole proprietorship.
Although Connecticut doesn't have a general business license requirement, you do have to register with the Department of Revenue and get a Connecticut State Tax Identification Number. This state tax ID is required to do business in the state, and is different from your LLC's federal EIN number.
Differences between LLC and sole proprietorship The most significant difference is whether you have limited liability for the business' debts and obligations, as with an LLC, or whether the business' liabilities and obligations fall to you personally in the event of a lawsuit or debt collection.
A good example of this is Walmart. Walmart's legal business name is Wal-Mart Inc. but its trade name is just Walmart?that's the name it uses on its advertising and website, and what most people refer to it as.
Under Connecticut law, anyone who does business under an assumed name (DBA) must file a Trade Name Certificate in the town clerk's office in the town where their business is being conducted.
Though no action is required to legally create a sole proprietorship, you should follow four simple steps to start your business: Choose a business name. File a Trade Name Certificate with the town clerk. Apply for licenses, permits, and zoning clearance.
If you want to change or edit the name of your business, you can file an amendment that is specific to the type of business entity you have. For example, if you have a CT Limited Liability Company you would need to complete the Certificate of Amendment listed under the Domestic Limited Liability Company Forms Index.
But as a sole proprietor, you must pay income, Medicare and Social Security taxes directly to the IRS yourself. You are expected to make an estimated tax payment each quarter. You can do this online or you can mail a check and paper voucher. There are penalties for failing to make quarterly tax payments.
