What is a DBA?
DBA stands for “doing business as.” It allows you to conduct business under a name other than your own. Filing for a DBA allows you to operate under an assumed, trade, or fictitious name. Your DBA is different from your name as the business owner or your business’s legal, registered name.
Registering a DBA
If you plan to use a business name other than your own, you must register a DBA with your state. The Small Business Administration can be a resource if you are unsure if you need to register a DBA. Registering for a DBA allows you to transact business under the fictitious name instead of your personal name.
Benefits and Process
DBAs make expanding your business easier. You can use DBAs to operate different “sub-businesses” of the main business. Using a DBA helps you to convey your brand and identity more clearly than using your personal name LLC.
To obtain a DBA, follow these steps:
- Get your seller’s permit and business license.
- File for a DBA through your county or state office.
- Pay the registration fee.
Banks often require sole proprietorships and partners in general partnerships to have a DBA before they can open a business bank account.
Legal Considerations
Doing business as a DBA allows you to own your business under a different name, usually a fictitious, assumed, or trade name. It is a legal procedure that does not enable dishonest business people to avoid legal trouble.
Tax Implications
Can you write-off expenses with a DBA?
How do taxes work with a DBA?
Please note: Specific guidance regarding tax write-offs and the tax implications of a DBA has not been provided and would need to be sourced from relevant tax laws or a tax professional.