This pamphlet provides an overview of fictitious name or DBA registration. Topics covered include legal requirements and procedures, advantages of a fictitious name, filing requirements, and tips on choosing a name.
This pamphlet provides an overview of fictitious name or DBA registration. Topics covered include legal requirements and procedures, advantages of a fictitious name, filing requirements, and tips on choosing a name.
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A Louisiana DBA (doing business as) is called a trade name. Louisiana trade name registration allows a business to operate under a name that's different from its legal name. DBA registration won't protect your personal assets like forming an LLC or corporation will.
If you're a sole proprietor, filing for a DBA is the simplest and least expensive way to use a business name. You can create a separate professional business identity without having to form an LLC or corporation.
When registering a DBA, Louisiana State law requires that you apply with the Secretary of State. You can file online at Louisiana's geauxBIZ website or you can complete the application for registration of trade name form.
The Pros and Cons of DBAsIncreased Flexibility.Privacy Protection.Targeted Branding.Easy Legal Compliance.Fewer Tax Benefits.Fewer Liability Protections.No Exclusive Rights to the Business Name.Maintenance.
The main benefit of filing a DBA registration is it will keep you in compliance with the law. For sole proprietors, a DBA lets them use a typical business name without creating a formal legal entity (i.e. corporation or LLC).
A limited liability company (LLC) is a business entity type that provides limited liability protection. A DBA (doing business as) name is simply a registered name for a business. DBAs can be used by sole proprietorships, partnerships, LLCs, and corporations.
To do business under a DBA, you must complete and file the appropriate DBA forms and pay a filing fee, after which point you receive a DBA certificate. Depending on the state you may be able to file with a local or county clerk's office, with a state agency, or both.
Registering a DBA does not typically give you exclusive rights to use your business name. Forming an LLC gives you more protection, because it ensures that another business entity can't be created in your state with the same name as your business.
Louisiana requires that all sole proprietorships, general partnerships, corporations, limited liability companies (LLCs), limited partnerships (LPs), limited liability partnerships (LLPs), or out of state companies that regularly transact business in Louisiana under a name different from their legal name, must file a