North Carolina Certificate of Assumed Name For Corporation
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How to fill out North Carolina Certificate Of Assumed Name For Corporation?
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FAQ
A corporation that wishes to use a different name from the company's legal name must file a DBA. Corporations typically use a DBA when the company operates businesses in multiple industries.Using a DBA for business does not affect a corporation's limited liability status.
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.
If you're operating your business as a sole proprietor, you'll need to file for a DBA if your business has a different name than your own name.But, if it's just his first name, (i.e., Gordon's Gardening Service), then a DBA is required because it's not his full, legal name.
Registering a DBA is a simple matter of completing a short application form and filing it with the county clerk's office for the county where the business is located. You can often download the form from the website of the secretary of state or the county clerk.
The filing fee is $26. To cancel your assumed name, complete the withdrawal form and return it to the Register of Deeds office. The filing fee is $26.
The biggest difference between a DBA and an LLC is liability protection.On the other hand, an LLC provides limited liability protection. The business owners' personal property remains completely separate from the business. In addition, a DBA does not provide any tax benefits.
Under North Carolina law, any business that seeks to use a name other than the name of its owners, or other than the name under which it was formed must file for a DBA. Specifically, such businesses will need to file official paperwork in the office of the register of deeds of such county where the business is located.
In North Carolina, you register your DBA with the Register of Deeds office in your business' home county. You must complete the Assumed Business Name Certificate form and return it to your local office.