Search and Registration
The first step for setting up a DBA name in Oregon is to search the Secretary of State database for all DBA names already registered in the system. Oregon law requires registering all businesses using a different name with the Oregon Secretary of State Corporation Division. Doing so makes it legal to open bank accounts, sign contracts, receive payment and more with the trade name.
A DBA can only have "Inc." if the attached business entity is a corporation. Usually the best option is to form an LLC to protect rental property personal assets.
Costs and Requirements
How much does it cost to register a DBA in Oregon?
The filing fee to register a DBA in Oregon is $50. Name filings need to be renewed every two years. Overall, the disadvantages of a DBA include:
- As an owner, you are personally liable for all debts accumulated by your business.
- As an owner, you do not exclusively own rights to your name.
- You do not need to have separate bank accounts unless you also have separate DBAs.
Does Oregon require DBA registration?
Oregon law requires all businesses using a different name register that name with a DBA filed with the Oregon Secretary of State Corporation Division.
What is a DBA?
A DBA, also known as “Doing Business As,” Trade Name, Assumed Name, or Fictitious Name, is a name used by a business that is different from the legal name of the business. This name is often referred to as an Assumed Business Name in Oregon.
Business Types and DBA
- New businesses must register a DBA to use any name other than the legal name.
- Sole proprietors must file a DBA in Oregon unless using their own name.
- LLCs must register a DBA when owning and operating any new business with a different name.
Filing Process
How to Set Up a DBA for a Rental Property
It’s always advisable to consult an attorney. Holding the rental property in your name and with a DBA will not afford you any protection.
To set up a DBA name:
- Go to the Secretary of State Website and check for the DBA names available.
- Search for business names by county.
- Send your DBA registration to the Oregon Secretary of State mailing address:
Secretary of State
Corporation Division
255 Capitol St. NE, Suite 151
Salem, OR 97310-1327
Step 3 — Paying Filing Fees and Follow Up
If you want to do business in Oregon under a name other than your real name or corporate name, you’ll need to file a DBA.
Filing a DBA in Oregon
- Step 1: Decide if a DBA Is Right for Your Business. DBAs are available for both incorporated entities and sole proprietorships.
Assumed Company Name
An assumed company name is an Oregon DBA. Forming a formal company structure can provide liability protection as well as a business name.
Differentiating Business Names
Is assumed business name the same as DBA? An assumed name is also called a DBA name. Regardless of the business form, you need to comply with your state’s assumed name statutes.