How to Get a DBA in Kentucky
To establish a DBA in Kentucky, you need to register your assumed name with the Secretary of State if your business is not a sole proprietorship. Both mail and in-person filing options are available, requiring details such as your new DBA name and business information.
Kentucky DBA Registration Process
Partnerships, corporations, limited liability companies, and other entities must register for a DBA in Kentucky if they wish to operate under an assumed name. The filing process varies based on the business structure.
Cost and Renewal of DBA in Kentucky
The cost of registering a DBA in Kentucky ranges from $13 for sole proprietors to $20 for general partnerships, corporations, and LLCs. The registration is valid for five years, with renewal available at the same fee.
Registering a DBA vs. Forming an LLC
Operating under a DBA allows businesses in Kentucky to use a different name than their legal business name. While a DBA offers branding flexibility, it does not provide liability protection compared to an LLC.
DBA vs. LLC: Considerations
DBAs are suitable for sole proprietors and unincorporated businesses looking to create a distinctive brand identity. However, LLCs offer stronger liability protection by separating personal assets from business debts. Consider your business goals and consult professionals for guidance on choosing between a DBA or LLC.