Overview of Trade Name Registration
A trade name is a name under which a business operates. Registering a trade name in Arizona is different than incorporating a business as it does not provide liability protection. However, it prevents others from using the same name and signals operating a legitimate business. Corporations and LLCs don’t usually register trade names, as their entity names are already unique.
Registration Process
To register a trade name in Arizona, follow these steps:
- Reserve Your Name: Check for name availability on the Arizona Corporation Commission website.
- Application Submission: Submit an application with company details and payment to the County Recorder.
- Obtain Certificate: If approved, you receive a registration certificate. Renewals are due every five years.
Required Information for Registration
- Proposed name
- Business purpose
- First use date
- Signatures
- Fees
- Self-addressed envelope
Optional DBA Registration
For sole proprietorships and partnerships, registering a DBA is optional but can aid in entering business contracts and opening bank accounts. It also establishes branding for the company. This simple process can start with a name availability search and is offered in packages starting at $99 plus fees.
Fees and Renewals
Trade names last for five years with online renewals available for $10. The initial registration may involve a small fee. More detailed costs can be obtained when proceeding with the process.
Registering a trade name allows a company to use the trade name for official business activities, such as opening bank accounts and entering contracts, even though Arizona does not require such registration for conducting business within the state. It also enhances brand recognition and protects from infringement.