North Dakota TRADE NAME REGISTRATION/FRANCHISE NAME DISCLOSURE is the process of registering a business name or franchise name with the North Dakota Secretary of State's office. This process is required of all businesses in North Dakota, whether they are sole proprietorship, partnerships, corporations, or Limited Liability Companies (LCS). It is important to register a business or franchise name in order to ensure the name is legally protected and exclusive in the marketplace. The two types of North Dakota TRADE NAME REGISTRATION/FRANCHISE NAME DISCLOSURE are Trade Name Registration and Franchise Name Disclosure. Trade Name Registration is for businesses that do not have a franchise agreement in place. This registration is required for business names, logos, slogans, and other identifiers. Franchise Name Disclosure is required for businesses that have a franchise agreement in place. This registration allows the franchisor to disclose all pertinent information about the franchise to potential franchisees.
North Dakota TRADE NAME REGISTRATION/FRANCHISE NAME DISCLOSURE
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FAQ
A trade name is also called a DBA (doing business as) name. A good example of this is Walmart. Walmart's legal business name is Wal-Mart Inc. but its trade name is just Walmart?that's the name it uses on its advertising and website, and what most people refer to it as.
Trade name registration is accompanied by a written consent to use of name signed by the owner of every conflicting name with $10 for each consent; Trade name registration is accompanied by a consent of the franchiser if the proposed name is intended for a franchisee; or.
A trade name is also known as a fictitious name or a DBA (doing business as). A registered business entity can file for Registration of Trade Name (Form T-1) as long as the name is different from its registered name.
Trade Name: A trade name is a name assumed to identify the business or activities of an individual or organization and which does not include in the name: The true name of the organization using the business name; (e.g., not the exact corporate or limited liability company name)
Ing to North Dakota law, NDCC, Section 47-25-01, a sole proprietor may not engage in business using a trade name unless it is registered with the Secretary of State. To obtain a license or permit to operate a business, a sole proprietor must register the trade name with the Secretary of State.