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What Is a Business Name? The business name is the legal name that your business filed with your state when you set up your LLC, corporation or other business structure. The business name is the legal name under which your business is registered for taxes and official government purposes.
Definitions of assumed name. a name that has been assumed temporarily. synonyms: alias, false name. type of: name. a language unit by which a person or thing is known.
Oregon law requires all businesses using a different name to register that name with a dba filed with the Oregon Secretary of State Corporation Division. Even though it is the law to file a dba, doing so makes it legal for the company to open bank accounts, sign contracts, receive payment, and more with the trade name.
A DBA (Doing Business As) is an official filing you make with either the local or statewide government offices for registering the name under which you will be conducting business. In Texas, we generally refer to DBA registration as filing an Assumed Name Certificate.
Doing Business As: Registering an Operating or Trade Name As a corporation, you may wish to register an operating or trade name (subsidiary or branch) which is known as a DBA, or ?Doing Business As?. DBA's are registered as proprietorship with one owner being the corporation.
For example, business owner John Smith might file the Doing Business As name "Smith Roofing." Corporations and limited liability companies (LLCs) may register DBA names for specific lines of business. For example, Helen's Food Service Inc. might register the DBA "Helen's Catering."
To do business under a DBA (any name that isn't your legal business name), you must file an Assumed Business Name ? New Registration form in Oregon, which costs $50. You'll need to renew your assumed name registration every two years online using the Secretary of State's Online Business Registry. Renewal costs $50.
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.