Iowa Verified Statement Trade Names are officially registered business names in the state of Iowa. All Iowa businesses must register their trade names with the Iowa Secretary of State’s office. Iowa Verified Statement Trade Names are required for any business that uses a name other than the legal name of the owners of the business. This includes fictitious names, assumed names, and trade names. There are two types of Iowa Verified Statement Trade Names: 1. New Trade Names — This type of registration is for businesses that have a new name that is not the legal name of the owners. 2. Renewal Trade Names — This type of registration is for businesses that have already registered a trade name and need to renew the registration.