Certificate of Assumed Name is a official New York state form, for registration of assumed name by a business entity pursuant to general business law.
An Assumed Name Certificate, also known as a Doing Business As (DBA) certificate, is an official document filed by businesses or individuals in New York State to operate under a name other than their legal name. This certificate is necessary whenever a business wants to conduct transactions or advertise using a name that is different from its legal or registered name. It is commonly used by sole proprietors, partnerships, and corporations. There are different types of Assumed Name Certificates in New York, each depending on the type of entity applying for it. 1. Individual/Sole Proprietorship Assumed Name Certificate: This type of certificate is applicable if an individual wants to operate a business under a name other than their own legal name. For example, if John Doe wants to open a bakery and operate it as "Sweet Delights," he needs to file an Individual Assumed Name Certificate. 2. Partnership Assumed Name Certificate: Partnerships, where two or more individuals join hands to run a business, must file a Partnership Assumed Name Certificate if they wish to operate under a name other than the legal names of the partners. For instance, if John Doe and Jane Smith form a partnership to start a marketing agency as "Media Masters," they would file a Partnership Assumed Name Certificate. 3. Corporation/LLC Assumed Name Certificate: A corporation or limited liability company (LLC) in New York may file an Assumed Name Certificate if it intends to conduct business under a name other than its official registered name. This allows companies to operate multiple businesses under different names or create a more marketable brand. For example, if ABC Inc. wants to open a chain of restaurants called "Tasty Eats," they would need to file a Corporation Assumed Name Certificate. In all cases, the Assumed Name Certificate must be filed with the appropriate County Clerk's office in the county where the business is located. It serves as a public record, informing the public that the business is operating under a different name. The certificate includes essential details such as the assumed name, legal name, business address, individual or entity filing, and the expiration date. Filing an Assumed Name Certificate helps businesses establish a legal identity for their assumed name, allowing them to open bank accounts, enter into contracts, and engage in other business activities using the chosen name. It ensures transparency and prevents fraudulent activities by providing a publicly accessible record of business name usage.
