Raleigh North Carolina Withdrawal of Assumed Name for a Sole Proprietorship, Partnership, or Limited Partnership

State:
North Carolina
City:
Raleigh
Control #:
NC-DBA-SPGPLP-B
Format:
PDF
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Description

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.

Title: Raleigh, North Carolina Withdrawal of Assumed Name for a Sole Proprietorship, Partnership, or Limited Partnership Keywords: Raleigh, North Carolina, withdrawal of assumed name, sole proprietorship, partnership, limited partnership, termination, business name, DBA filing, requirements, process, Secretary of State, notification, legal obligations Introduction: Raleigh, the vibrant capital city of North Carolina, provides business owners with a streamlined process to withdraw an assumed name for their sole proprietorship, partnership, or limited partnership. This article will delve into the different types of withdrawals available in Raleigh while highlighting the key aspects, requirements, and steps involved. 1. Withdrawal of Assumed Name for a Sole Proprietorship: If you operate your business as a sole proprietor in Raleigh, and you wish to terminate your assumed name (DBA — Doing Business As), the withdrawal process involves specific steps to follow. These steps ensure that your business name is officially removed from public records and releases you from any legal obligations associated with the assumed name registration. 2. Withdrawal of Assumed Name for a Partnership: Partnerships in Raleigh, whether general or limited, have the option to withdraw their assumed names by adhering to the applicable procedures. By withdrawing an assumed name, partners can discontinue using it while ensuring compliance with legal requirements, avoiding potential confusion among customers, and disassociating the partnership from the terminated name. 3. Withdrawal of Assumed Name for a Limited Partnership: Limited partnerships in Raleigh are governed by specific rules and regulations when it comes to withdrawing an assumed name. Limited partners must follow the designated withdrawal process to ensure the accurate termination of their business name legally. This guarantees compliance and clarity for both internal and external stakeholders. Requirements and Process: a. Research and Documentation: Before initiating the withdrawal process, it is crucial to thoroughly research the relevant laws, regulations, and requirements pertaining to your specific business entity in Raleigh. Gather the necessary documentation and information to facilitate a smooth withdrawal. b. Official Communication: Contact the North Carolina Secretary of State's office or visit their website to obtain the withdrawal forms required for your business type. Sole proprietors, partnerships, and limited partnerships may have different forms to fill out. c. Completion of Withdrawal Forms: Fill out the withdrawal forms accurately, providing all requested information. Include the current assumed name and the effective date of termination. Ensure any required signatures are obtained. d. Filing the Forms: Submit the completed withdrawal forms to the applicable office, typically the Secretary of State's business registration division. Pay any associated fees as required. Keep copies of all submitted documents for your records. e. Notification and Publication: It may be necessary to notify relevant parties, such as suppliers, creditors, or customers, about the withdrawal of the assumed name. Additionally, publication requirements may exist in Raleigh, including advertising the withdrawal in local newspapers or other media outlets. Conclusion: Withdrawing an assumed name for a sole proprietorship, partnership, or limited partnership in Raleigh, North Carolina, is a formal and regulated process. It is essential to understand the specific requirements and follow the designated steps diligently to ensure compliance. By successfully withdrawing an assumed name, business owners in Raleigh can eliminate potential confusion, fulfill legal obligations, and proceed with the next chapter of their entrepreneurial journey.

Title: Raleigh, North Carolina Withdrawal of Assumed Name for a Sole Proprietorship, Partnership, or Limited Partnership Keywords: Raleigh, North Carolina, withdrawal of assumed name, sole proprietorship, partnership, limited partnership, termination, business name, DBA filing, requirements, process, Secretary of State, notification, legal obligations Introduction: Raleigh, the vibrant capital city of North Carolina, provides business owners with a streamlined process to withdraw an assumed name for their sole proprietorship, partnership, or limited partnership. This article will delve into the different types of withdrawals available in Raleigh while highlighting the key aspects, requirements, and steps involved. 1. Withdrawal of Assumed Name for a Sole Proprietorship: If you operate your business as a sole proprietor in Raleigh, and you wish to terminate your assumed name (DBA — Doing Business As), the withdrawal process involves specific steps to follow. These steps ensure that your business name is officially removed from public records and releases you from any legal obligations associated with the assumed name registration. 2. Withdrawal of Assumed Name for a Partnership: Partnerships in Raleigh, whether general or limited, have the option to withdraw their assumed names by adhering to the applicable procedures. By withdrawing an assumed name, partners can discontinue using it while ensuring compliance with legal requirements, avoiding potential confusion among customers, and disassociating the partnership from the terminated name. 3. Withdrawal of Assumed Name for a Limited Partnership: Limited partnerships in Raleigh are governed by specific rules and regulations when it comes to withdrawing an assumed name. Limited partners must follow the designated withdrawal process to ensure the accurate termination of their business name legally. This guarantees compliance and clarity for both internal and external stakeholders. Requirements and Process: a. Research and Documentation: Before initiating the withdrawal process, it is crucial to thoroughly research the relevant laws, regulations, and requirements pertaining to your specific business entity in Raleigh. Gather the necessary documentation and information to facilitate a smooth withdrawal. b. Official Communication: Contact the North Carolina Secretary of State's office or visit their website to obtain the withdrawal forms required for your business type. Sole proprietors, partnerships, and limited partnerships may have different forms to fill out. c. Completion of Withdrawal Forms: Fill out the withdrawal forms accurately, providing all requested information. Include the current assumed name and the effective date of termination. Ensure any required signatures are obtained. d. Filing the Forms: Submit the completed withdrawal forms to the applicable office, typically the Secretary of State's business registration division. Pay any associated fees as required. Keep copies of all submitted documents for your records. e. Notification and Publication: It may be necessary to notify relevant parties, such as suppliers, creditors, or customers, about the withdrawal of the assumed name. Additionally, publication requirements may exist in Raleigh, including advertising the withdrawal in local newspapers or other media outlets. Conclusion: Withdrawing an assumed name for a sole proprietorship, partnership, or limited partnership in Raleigh, North Carolina, is a formal and regulated process. It is essential to understand the specific requirements and follow the designated steps diligently to ensure compliance. By successfully withdrawing an assumed name, business owners in Raleigh can eliminate potential confusion, fulfill legal obligations, and proceed with the next chapter of their entrepreneurial journey.

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Raleigh North Carolina Withdrawal of Assumed Name for a Sole Proprietorship, Partnership, or Limited Partnership