Summary: What Is A Trade Name (DBA) And How To File One Trade name (also called "fictitious business name", "assumed name", or DBA for "doing business as") is a legal way to do business under a particular name that you file with the state, county, or in some cases local municipality. Its the easiest and most cost effective way to do business under a new business name without having to create an entirely new business entity. With DBA you can accept payments, advertise, and otherwise present yourself under that name. Who can register a Trade Name? Trade name can be registered by any business, including sole proprietorships, general partnerships, as well as organized and incorporated entities such as LLCs, corporations, nonprofits and limited partnerships. KEEP IN MIND: a DBA is just an alias, hence by itself it is not an actual business entity. It must belong and be associated with a specific legal entity. Advantages of DBA For those on a budget registering DBA is a cost-effective and simple way to start doing business, without ongoing maintenance or the costs associated with forming a corporation or LLC. Converting the business to a corporation or LLC is easy, once your business is running profitably. Sole Proprietorships: as a sole proprietor DBA allows you to use a business name rather than your personal name. Having DBA gives your business more credibility. Organized Entities: DBA allows a single legal entity (corporation, LLC, etc.) to operate multiple businesses without creating a new legal entity for each business. https://www.myusacorporation.eu/dba.html
