A Certificate of Abandonment of Fictitious Business Name is a legal document that is filed with the county recorder in the county where the business is located. It states that the business has abandoned the use of a fictitious business name and that the business is now using its true name. It also states that the business will no longer use the fictitious business name. The Certificate of Abandonment must be signed by the owner of the business and notarized. There are two types of Certificate of Abandonment of Fictitious Business Name: an original certificate and an amended certificate. An original certificate is used when a business is abandoning the use of a fictitious business name for the first time. An amended certificate is used when the business has already filed an original certificate and is now abandoning the use of a different fictitious business name.
Certificate of Abandonment of Fictitious Business Name
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How to fill out Certificate Of Abandonment Of Fictitious Business Name?
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The filing is valid for five years or until the facts in the statement change, whichever occurs first. A fictitious business name statement usually must be filed within 40 days of starting the business. Along with the original, the county or city may require several copies of the statement for filing.
In the case of a business owned by an individual, a ?fictitious business name? is any name that does not include the last name (surname) of the owner, or which implies additional owners (such as "Company", "and Company", "and Sons", "Associates", etc.).
A fictitious business name statement expires five years from the date it is filed in the County Clerk. A refile of a fictitious business name statement must be filed prior to the date of expiration if you intend to continue doing business under that name and if there are no changes from the original.
Renew, change, or refile a Fictitious Business Name (FBN) Complete the Fictitious Business Name application.Verify that your current Business Registration Certificate is consistent with the information on the fictitious business name statement. Submit the completed Fictitious Business Name (FBN) form.
What is a Statement of Abandonment? The purpose of registering a Statement of Abandonment is to make available to the public a statement by persons or business entities no longer doing business under a previously filed Fictitious Business Name.
A legal name is the official name of a person or business in government records. Any other name used for business purposes is an assumed name. Assumed names are also known as: Fictitious names.
The FBN Statement expires five years from the date of filing, unless it is abandoned sooner. You must re-file every 5 years, paying the current fees, even if there are no changes. You are not required to republish a renewal if the information remains the same.
