Do you have to file a DBA in Colorado?
Do you have to file a DBA in Colorado?
In Colorado, a sole proprietor or business entity has between 30 and 60 days in which it can use a DBA without registering the name with the Secretary of State. A sole proprietor must file for a DBA if he or she chooses to operate under a name different than the name of the personal owner.
How much does it cost to register a DBA in Colorado?
For example, you may have registered company as The Best Business, LLC, but would like to operate as “Best Biz.” This is done by filing a DBA with the Colorado Secretary of State. As of this writing, the fee to register a DBA is $20 and there is a $10 renewal fee every year.
Where do I file a DBA in Colorado?
Secretary of State’s website
Register Your Colorado DBA You can file on the Secretary of State’s website. There are different forms depending on your business structure (corporation, LLC, partnership, etc.). Some important information to include on the form includes: The trade name itself.
What is the difference between an assumed name and a DBA?
Any business that uses a name other than its legal name should take steps to comply with the assumed name statutes in the states in which it does business. An assumed name is also called a DBA (doing business as) name. Failing to do so can expose both the business and owners to unpleasant consequences.
Is a DBA considered a legal name?
In the case of a sole proprietorship or partnership, that legal name is the name of the business owner or owners. If the person or company does business under another name, that is a DBA name. DBAs are also referred to as an “assumed name”, “fictitious business name” or “trade name”.
Can I apply for DBA online?
Filing a DBA completely online: While it still isn’t available everywhere, you could be able to complete the entire process without leaving your home or office. Again, though, you’ll need to check with your governing state agency — usually your state’s Secretary of State office — before taking action.
What should the assumed entity name be in Colorado?
The assumed entity name will be the name used to transact business in Colorado. In addition to the name being available for filing with Colorado Secretary of State, the name must comply with the requirements of section 7-90-601, C.R.S .
When do you need to register a business name in Colorado?
When a business wants to operate under a name other than their legal name, the state of Colorado, like most states, require the business to register their business name. The registration requirement was designed to protect consumers from business owners hiding anonymously behind the name of a business. Who needs to register?
Do you have to file trade name in Colorado?
A2. A business (other than a nonprofit entity) or an individual transacting business in the state of Colorado under a name other than the person ’s true name is required to file a trade name with the Secretary of State’s Office.
Do You need Statement of registration of true name in Colorado?
The Statement of Registration of True Name form may be filed to record a foreign entity’s true name in Colorado and prevent other entities from using that name. A Statement of Registration of True Name is not required and does not give the foreign entity authority to transact business in this state.