Overview of Illinois DBA Registration
- An Illinois DBA lasts forever for sole proprietors. Other business entities will have to renew it every five years.
- The fee to renew your assumed name is $150, with a $100 penalty for late renewal.
- DBAs are a fictitious name used to conduct business under a different legal name.
- The purpose of registering a DBA name is to notify the public that a business is conducting activities under a different name.
DBA Registration Steps in Illinois
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DBA Name Search:
- Ensure your desired name is available before registering a DBA name in Illinois.
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Application Filing:
- File the Application to Adopt an Assumed Name completely online for $30-$150, following on-screen instructions and payment via credit card.
DBA Requirements and Regulations
- DBA laws protect consumers and notify the public.
- DBAs alone are not legal entities; you need an existing registered business first.
- DBA names in Illinois must meet specific standards.
Do I Need to Register a DBA in Illinois?
- Sole proprietorships must register any name besides the owner’s.
- Corporations and LLCs don’t need a DBA unless using a business name different from their formation certificate.
DBA Registration Process in Illinois
- Start with an Illinois Assumed Name Search to ensure the chosen name is available.
- File the certificate of assumed name with your county clerk to complete registration.
DBA Costs and Considerations
- Filing fees in Illinois vary depending on the year and filing type.
- Other states may have cheaper and uniform DBA filing fees.
Multiple DBAs in Illinois
- It is possible to register and own multiple DBAs in Illinois; no limit exists as long as fees are paid for each.
- Assumed business names in Illinois must meet certain naming standards.
Filing for Different Business Structures
- Sole proprietors and general partnerships must file a DBA with the county clerk.
- LLCs or corporations can register a DBA through the Secretary of State’s office.
Professional Assistance for DBA Filing
- Services like LegalZoom offer assistance with DBA filing at a starting price of $99 plus state fees.