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Most businesses need to register with the provinces and territories where they plan to do business. In some cases, sole proprietorships operating under the name of the business owner do not need to register. See the website of your provincial or territorial business registrar for more information on their requirements.
Your bank requires a DBA to open a business bank account. Banks often require sole proprietorships and the partners in general partnerships to have a DBA before they can open a business bank account. Banks often will require you to show them the DBA filing or assumed name certificate as proof you registered the name.
Do I Need a DBA for My Business? A DBA (sometimes called a fictitious or assumed name) lets sole proprietors and formal business entities conduct business under a name that is different than their legal name. Sole proprietors must file a DBA if they want to get a separate business bank account.
One crucial acronym, DBA - which stands for doing business as represents a company or individual running a business under a fictitious name.
Do I Need a DBA for My Business? A DBA (sometimes called a fictitious or assumed name) lets sole proprietors and formal business entities conduct business under a name that is different than their legal name. Sole proprietors must file a DBA if they want to get a separate business bank account.
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