North Carolina Withdrawal of Assumed Name by a LLC

State:
North Carolina
Control #:
NC-DBA-LLC-A
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PDF
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Description How To File A Dba In Nc

This form is filed with the county Register of Deeds Office in which business is conducted when a previously registered assumed name is no longer in use.

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FAQ

The only way a member of an LLC may be removed is by submitting a written notice of withdrawal unless the articles of organization or the operating agreement for the LLC in question details a procedure for members to vote out others. The steps to follow are: Determine the procedure for withdrawing members.

It is NOT a separate entity. A Sole Proprietor fills out Schedule C as part of your Form 1040. You will also fill out Schedule SE for your employment taxes on your net profit.

DBAs can also transfer to a third party. An owner may want to transfer their DBA to another person or entity for any number of reasons, with the most common being the sale of the business. Because state law governs DBAs, the process of transferring a DBA varies slightly depending on the state of registration.

The only way a member of an LLC may be removed is by submitting a written notice of withdrawal unless the articles of organization or the operating agreement for the LLC in question details a procedure for members to vote out others.

Dissolve your business. If there is no language in your operating agreement stating otherwise, this will be your only name-removal option. Change your business's name. Use a doing business as (DBA) name.

A limited liability company can register a DBA, or "doing business as" name and still do business using the official LLC name. A DBA operates much like a personal nicknameyou may use your nickname for some purposes and your full legal name for others.

Contact the same local or state office where you initially registered your DBA. Submit the required paperwork and pay any related fees. (Some states require a filing fee to process the cancellation.) If you registered your DBA in multiple jurisdictions, repeat the process to cancel your DBA in each one.

North Carolina LLCs have to file the completed Limited Liability Company Amendment of Articles of Organization with the Corporations Division of the Secretary of State. You can submit by mail, online, or in person.

A DBA, however, isn't a separate legal entity, and when you register a DBA there is no distinction between your personal assets and the assets of your business. Registering a DBA has no impact on your personal liability as a business owner.

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North Carolina Withdrawal of Assumed Name by a LLC