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Once you separate the debts and other elements that will remain yours, you can transfer the "doing business as" (DBA) name to the new owner as well as ongoing contracts and property. Once you transfer business ownership, the company dissolves and the buyer restructures the assets under a new business entity.Each state and jurisdiction has its own DBA rules, but many do not offer a specific way to transfer ownership of a DBA to another person. Mail the completed application with any additional information that may be required to the address provided from the division of corporations. Provide the business name. State the business's location. First, you must file the official name change through the appropriate government agency. There are several methods of transferring business ownership. Submit the completed form in duplicate along with the filing fee. Assumed name (DBA) laws are consumer protection laws.