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If you conduct business as an individual/sole proprietor, association, or general partnership under an assumed name, many banks and lenders require you to file a Certificate of Assumed Business Name or Doing-Business-As (DBA) form.
An assumed business name, also called a DBA (doing business as) name, is used by an entity that is conducting business under a name that is not its legal name. Any business that uses an assumed name should take steps to comply with the assumed name statutes in the state(s) in which it does business.
For example, a business may have a fictitious business name. Fictitious names may also be used when filing a lawsuit against someone whose name is unknown to the plaintiff or to conceal a person's identity.
A DBA name is also referred to as a ?trade name?, ?assumed name?, or ?fictitious business name?. The purpose of registering a DBA name is to notify the public that a particular person or business entity is conducting business under a name other than its legal name.
Assumed Names / Fictitious Names A fictitious business name is an official business name registration that allows sole proprietorships (individuals), partnerships, and even corporate entities to conduct business under a business name other than their true legal name.
"Smith and Company Catering" is a Fictitious Business Name. In the case of a corporation, limited liability company or limited partnership, a fictitious business name is any name other than the exact name that is on record with the Secretary of State's Office.