This form is filed with the county Register of Deeds Office in which business is conducted when a previously registered assumed name is no longer in use.
Cary, North Carolina Withdrawal of Assumed Name for a Sole Proprietorship, Partnership, or Limited Partnership In Cary, North Carolina, business entities can operate under an assumed name, also known as a "doing business as" or DBA name, which is different from the legal name of the entity. However, if a sole proprietorship, partnership, or limited partnership plans to discontinue using their assumed name, they must file a withdrawal of assumed name with the appropriate authorities. It is essential to follow this process to ensure compliance and avoid any legal complications. Types of Withdrawal of Assumed Name: 1. Sole Proprietorship Withdrawal of Assumed Name: When a sole proprietorship in Cary, North Carolina wants to withdraw an assumed name, the business owner has to submit the necessary documentation to the North Carolina Secretary of State's office. This typically includes the completed withdrawal form, payment of the required fees, and any supporting documents if requested. The withdrawal will signify that the business will no longer operate using the assumed name chosen earlier. 2. Partnership Withdrawal of Assumed Name: Registered partnerships in Cary, North Carolina, must similarly file a withdrawal of assumed name when they decide to stop using their DBA name. The partnership must complete the appropriate withdrawal form prescribed by the North Carolina Secretary of State's office. Payment of the applicable fees and submission of supporting documentation (if requested) will complete the withdrawal process. 3. Limited Partnership Withdrawal of Assumed Name: Similarly, limited partnerships operating in Cary, North Carolina, must file a withdrawal of assumed name if they no longer wish to use their DBA name. The withdrawal process for limited partnerships follows a similar procedure to that of partnerships and requires the completion of the correct withdrawal form, payment of fees, and submission of any necessary supporting documentation. Key Steps in the Withdrawal Process: 1. Obtain the withdrawal form: Visit the North Carolina Secretary of State's official website or their local office to obtain the appropriate withdrawal of assumed name form for your business type (sole proprietorship, partnership, or limited partnership). 2. Complete the form: Carefully fill out the withdrawal form, providing accurate and up-to-date information. Ensure that all required fields are properly filled in. 3. Pay the fees: The withdrawal process typically involves payment of certain fees. Check the current fee schedule on the North Carolina Secretary of State's website and ensure the correct payment is included with the submission. 4. Submit the form: Submit the completed withdrawal form, along with the required fees, to the North Carolina Secretary of State's office. Be sure to follow the specific instructions provided by the office regarding submission methods, such as in-person, mail, or online. 5. Await confirmation: After the submission, it may take several weeks for the withdrawal of assumed name to be processed. Once the withdrawal is approved, the business will no longer be allowed to operate under the assumed name, officially ending its use. Withdrawal of assumed name is an important administrative process that allows businesses to transition smoothly, ensuring accuracy and compliance with North Carolina regulations. By following the correct withdrawal procedures, sole proprietors, partnerships, and limited partnerships in Cary, North Carolina can effectively close the chapter on their DBA name and proceed with their future business endeavors.Cary, North Carolina Withdrawal of Assumed Name for a Sole Proprietorship, Partnership, or Limited Partnership In Cary, North Carolina, business entities can operate under an assumed name, also known as a "doing business as" or DBA name, which is different from the legal name of the entity. However, if a sole proprietorship, partnership, or limited partnership plans to discontinue using their assumed name, they must file a withdrawal of assumed name with the appropriate authorities. It is essential to follow this process to ensure compliance and avoid any legal complications. Types of Withdrawal of Assumed Name: 1. Sole Proprietorship Withdrawal of Assumed Name: When a sole proprietorship in Cary, North Carolina wants to withdraw an assumed name, the business owner has to submit the necessary documentation to the North Carolina Secretary of State's office. This typically includes the completed withdrawal form, payment of the required fees, and any supporting documents if requested. The withdrawal will signify that the business will no longer operate using the assumed name chosen earlier. 2. Partnership Withdrawal of Assumed Name: Registered partnerships in Cary, North Carolina, must similarly file a withdrawal of assumed name when they decide to stop using their DBA name. The partnership must complete the appropriate withdrawal form prescribed by the North Carolina Secretary of State's office. Payment of the applicable fees and submission of supporting documentation (if requested) will complete the withdrawal process. 3. Limited Partnership Withdrawal of Assumed Name: Similarly, limited partnerships operating in Cary, North Carolina, must file a withdrawal of assumed name if they no longer wish to use their DBA name. The withdrawal process for limited partnerships follows a similar procedure to that of partnerships and requires the completion of the correct withdrawal form, payment of fees, and submission of any necessary supporting documentation. Key Steps in the Withdrawal Process: 1. Obtain the withdrawal form: Visit the North Carolina Secretary of State's official website or their local office to obtain the appropriate withdrawal of assumed name form for your business type (sole proprietorship, partnership, or limited partnership). 2. Complete the form: Carefully fill out the withdrawal form, providing accurate and up-to-date information. Ensure that all required fields are properly filled in. 3. Pay the fees: The withdrawal process typically involves payment of certain fees. Check the current fee schedule on the North Carolina Secretary of State's website and ensure the correct payment is included with the submission. 4. Submit the form: Submit the completed withdrawal form, along with the required fees, to the North Carolina Secretary of State's office. Be sure to follow the specific instructions provided by the office regarding submission methods, such as in-person, mail, or online. 5. Await confirmation: After the submission, it may take several weeks for the withdrawal of assumed name to be processed. Once the withdrawal is approved, the business will no longer be allowed to operate under the assumed name, officially ending its use. Withdrawal of assumed name is an important administrative process that allows businesses to transition smoothly, ensuring accuracy and compliance with North Carolina regulations. By following the correct withdrawal procedures, sole proprietors, partnerships, and limited partnerships in Cary, North Carolina can effectively close the chapter on their DBA name and proceed with their future business endeavors.
