A Rhode Island Statement of Abandonment of Use of Fictitious Business Name is a legal document filed with the Rhode Island Secretary of State in order to officially terminate the use of a fictitious business name (also known as an assumed business name, trade name, and/or DBA). It is important to note that this document does not terminate the business itself, only the fictitious name associated with it. In order to do so, the business must file a separate document. There are two types of Rhode Island Statement of Abandonment of Use of Fictitious Business Name: a domestic filing and a foreign filing. A domestic filing is used when the business is located within Rhode Island, while a foreign filing is used when the business is located outside of Rhode Island. Both types of filings require the business to provide specific information, including the fictitious business name, the state in which the business is incorporated or qualified, the date of filing, and the name and signature of the business owner. Once the document is filed, the fictitious business name is no longer valid and cannot be used for any purpose. The filing of the statement is considered an official declaration that the business no longer intends to use the fictitious business name.
Rhode Island Statement of Abandonment of Use of Fictitious Business Name
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FAQ
"Smith and Company Catering" is a Fictitious Business Name. In the case of a corporation, limited liability company or limited partnership, a fictitious business name is any name other than the exact name that is on record with the Secretary of State's Office.
A Fictitious Business Name (FBN) Statement is a public record intended to make available to the public the identities of persons doing business under the FBN.
A fictitious name is an artificial name deliberately created or adopted. For example, a business may have a fictitious business name. Fictitious names may also be used when filing a lawsuit against someone whose name is unknown to the plaintiff or to conceal a person's identity. See also: doing business as (DBA)
What is the difference between a ?DBA? or ?Doing Business As? and an ?FBN? or ?Fictitious Business Name?? They are generally different names for the same thing. DBA is the more common name, though FBN is cited in the relevant California statutes (California Business and Professions Code Section 17910, et seq.)
A fictitious name or trade name is a business name that is different from your personal name, the names of your partners, or the officially registered name of your LLC or corporation. Because the FBN allows you to Do Business As a name other than your given name, it is also called a DBA or DBA Name.
Is fictitious name same as DBA? Many business owners, especially sole proprietors often ask this question when they need to choose a business name. DBA or fictitious names are the same and interchangeable.
To register a fictitious business name in Rhode Island, you will need to apply with the office of the Secretary of State. But if you are the owner of a sole proprietorship or general partnership, you will need to register with the office of the city or town clerk where you intend to do business.
A company name is the actual name of the business, while a trade name or DBA is a way of doing business under a particular name filed in a state or county. A trade name can be registered by any type of business such as LLCs, corporations, and nonprofits. A DBA is an alias and is not an actual business entity.