A Minnesota Certificate of Assumed Name is a document filed with the Minnesota Secretary of State's office that registers a business name that is different from the legal name of the person or business that owns it. This document is also known as a “doing business as” (DBA) name, or a fictitious name, and is often used by sole proprietors, partnerships, and corporations who wish to operate their business under a different name. There are three types of Minnesota Certificate of Assumed Name: Standard, Limited Liability Company, and Foreign Limited Liability Company. The Standard Certificate of Assumed Name is for all business entities, including sole proprietors, partnerships, corporations, and limited liability companies. The Limited Liability Company Certificate of Assumed Name is for limited liability companies, including domestic and foreign limited liability companies. The Foreign Limited Liability Company Certificate of Assumed Name is for foreign limited liability companies. The filing fee for a Minnesota Certificate of Assumed Name is $50.
Minnesota Certificate of Assumed Name
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How to fill out Minnesota Certificate Of Assumed Name?
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A certificate of assumed name Minnesota pdf refers to the downloadable form used to register an assumed name in Minnesota. This PDF contains the necessary information required to complete the filing process for a Minnesota Certificate of Assumed Name. By filling out this form, you can ensure that your business name is officially recognized. You can find this form easily on platforms like US Legal Forms, which simplifies the process for you.
A certificate of assumed name is a legal document that allows a business to operate under a name that is not its registered legal name. In Minnesota, filing a Minnesota Certificate of Assumed Name provides official recognition of the chosen business name. This certificate offers protection by preventing other businesses from using the same name in the state. It also builds trust with customers who recognize your brand.
The statute of assumed names in Minnesota outlines the legal requirements for businesses operating under a name different from their legal name. According to Minnesota law, a business must file a Minnesota Certificate of Assumed Name to inform the public of its operating name. This process ensures transparency and helps protect consumers. Understanding this statute is essential for any business owner in Minnesota.
Yes, in many contexts, an assumed name is the same as a DBA. In Minnesota, when you refer to an assumed name, you are talking about the name under which you operate your business, different from your legal entity name. Registering a Minnesota Certificate of Assumed Name is essential for formal recognition. This ensures transparency and builds trust with your customers, helping your business thrive.
A DBA and an assumed name essentially refer to the same concept, but the terminology can vary by state. In Minnesota, a Certificate of Assumed Name is the official document you file to register your business name. While a DBA can be used in a broader context, in Minnesota, it specifically relates to the assumption of a name different from the legal business name. Understanding this distinction helps you navigate the registration process effectively.
Using a DBA, or 'Doing Business As,' can expose your business to certain risks. One major concern is the lack of legal protection for the name, which means others could potentially use it. Additionally, if you don’t file a Minnesota Certificate of Assumed Name correctly, you might face fines or legal challenges. To mitigate these risks, consider using US Legal Forms to ensure all your documentation is accurate and compliant.
Business Filing & Certification Fee Schedule Assumed Name - Chapter 333Mail Filing FeeIn Person and Online Filing Fee (Not Available online)Articles of Incorporation ? Original Filing$70.00$90.00Amendment$35.00$55.00Annual Renewal$0$0Annual Reinstatement$0$0159 more rows
To complete the name change, submit the following documents to us: Completed DLI Licensed Business Name Change form. Copy of the amendment changing the legal name with Minnesota Secretary of State. Updated Certificate of Insurance showing the new legal entity as the insured.
Synonyms for assumed name moniker. pseudonym. stage name. anonym. handle. nickname. AKA. nom de guerre.
A word or a combination of words by which a person, place, or thing, a body or class, or any object of thought is designated, called, or known.
