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An assumed name is also called a DBA (doing business as) name.Regardless of your form of businesscorporation, limited liability company, partnership or sole proprietorshipyou need to comply with your state's assumed name statutes if you do business using any name other than your legal name.
The Benefits of a DBAFiling a DBA gives the sole proprietor the freedom to use a business name what helps market their products or services, as well as create a separate professional business identity. However, be advised that a DBA doesn't protect your business name from being used by others.
Before a person (an individual or entity) may conduct or transact business in Virginia under a fictitious name, the person must file a certificate of assumed or fictitious name in the Office of the Clerk of the Commission on a form prescribed by the Commission.
DBA requirements vary by state, county, city, and business structure, but in general, registering a DBA comes with paperwork and filing fees anywhere from $10 to $100. You'll either go to your county clerk's office to file your paperwork, or you'll do so with your state government.
Foreign or domestic corporations, LLCs, and LLPs must obtain a Assumed/Fictitious Name Filing in a Virginia Circuit Court, and then file that certificate with the Clerk's Office of the Commission. You'll also need to file the name with every county clerk's office in the counties where the company seeks to do business.
How much does a DBA cost in Virgina? The filing fee to register the Certificate of Assumed or Fictitious Name is $10 per City or County.
Virginia requires LLCs to pay an annual registration fee to the State Corporation Commission each year after the year the company was formed. For limited liability companies, the annual registration fee is $50.