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.
Minnesota USLegal Pamphlet on Doing Business As DBA Filing or Registration
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Multi-State
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US-PMPH-15
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Word;
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How to fill out Minnesota USLegal Pamphlet On Doing Business As DBA Filing Or Registration?
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FAQ
The proper way to write your Legal name for DBA is to write your doing business as name exactly the way you register it at the Secretary of State. For example, if John H. Doe is a sole proprietor and he wants to open a barber shop under the name Precision Barber Shop, he can register the name with his State.
When starting a business, it is usually better to choose a formal business structure like an LLC. You won't need a DBA for branding because you will use your LLC name, and you will have personal liability protection. LLCs also offer increased business credibility and can help boost your business credit record.
No, a DBA is not a legal entity. If you register a DBA without first forming some type of legal entity, your state will automatically recognize your business as a sole proprietorship.
A "doing business as," or DBA, under LLC helps a lot of business owners to properly manage their finances and to ensure that their business and personal finances are separate.
Under Minnesota law, a DBA filing is required for any individual, corporation, limited partnership or limited liability company that seeks to conduct business under a name other than their full legal name.
No, you do not need a DBA for an LLC. This is because when you register an LLC, you'll also register your company name eliminating the need for a DBA. However, in some instances, you may use a DBA for your LLC to expand your business and operate part of it under a name other than your original business name.
A Minnesota DBA (doing business as) is called an assumed name. Minnesota assumed 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. Learn why in our DBA vs LLC guide.
DBA DownsidesLack of Naming Rights: Using a DBA does not give you official rights to your business name.Lack of Legal Protections: Using a DBA also does not give you the same legal protections and limited liability as an LLC or other corporate structure.
A DBA can be filed in order for a company to transact business under the company's domain name. This is especially helpful when your company name is not available as a domain name. For example, you may want to operate another business or website in addition to your existing one.