This pamphlet provides an overview of fictitious name or DBA registration. Topics covered include legal requirements and procedures, advantages of a fictitious name, filing requirements, and tips on choosing a name.
This pamphlet provides an overview of fictitious name or DBA registration. Topics covered include legal requirements and procedures, advantages of a fictitious name, filing requirements, and tips on choosing a name.
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The State of New Mexico has no state requirement for filing a DBA.
DBA Acquisition Unlike most other states, New Mexico currently does not require sole proprietorships to register their DBAs with the state. There is no registration process or requirements on either a state or local level.
As we mentioned above, the majority of states require some degree of filing for DBAs. However, there are 14 states who have no filing requirements whatsoever. These include: Alabama, Alaska, Arizona, Delaware, Florida, Hawaii, Kansas, Maryland, Mississippi, New Mexico, Nebraska, Ohio, Wisconsin, Wyoming.
No, a DBA is not a legal entity. If you register a DBA without first forming some type of legal entity, your state will automatically recognize your business as a sole proprietorship.
Under New Mexico state law, filing for a DBA is required for any businesses to operate under a trade name.
There are four simple steps you should take:Choose a business name.File a trademark with the Secretary of State (optional).Obtain licenses, permits, and zoning clearance.Obtain an Employer Identification Number.
The proper way to write your Legal name for DBA is to write your doing business as name exactly the way you register it at the Secretary of State. For example, if John H. Doe is a sole proprietor and he wants to open a barber shop under the name Precision Barber Shop, he can register the name with his State.
The State of New Mexico has no state requirement for filing a DBA.
The cost to set up a DBA varies by state, county, city, and business structure. In general, you will end up spending from $10 to $100 on registering your DBA.