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If your business is an LLC, LLP, or corporation, you are required to file your DBA with the Illinois Secretary of State. Illinois offers both online and mail-in DBA registrations. The forms and rules vary between LLCs and corporations.
DBA Registration Requirements On the other hand, LLCs and corporations must file through the Secretary of State. As an LLC in Illinois, you are required to register a DBA name if you are operating under a name other than your business's legal name. Only LLCs in good standing can adopt an assumed name.
Under Illinois law, all businesses are required to register alternative trade names by filing for a DBA if the business seeks to operate under a different name than the name used when it was formed. In the case of a sole proprietorship, any name different than the owner's legal name requires registration.
The right to use an assumed name is effective from the date the application is filed by the Secretary of State's office until the first day of the company's anniversary month in the next calendar year evenly divisible by five. The assumed name is renewed for a period of five-years.
The fee for a five-year DBA registration or renewal is $150. The registration fee is prorated if your initial registration will expire in less than five years. For example, if you register a DBA in 2022, it will expire in 2025 and your registration fee will be $90.
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You can complete the DBA registration process online, or by filling out a form and submitting it by mail or in person. The assumed name is effective on the date of filing by the Secretary of State.
The entity name is the name used by a business to enter into contracts and make other legal or administrative commitments. On the other hand, the business name is the name your business operates under and shares with its clients, customers and employees.
You are required to set up your DBA with the Illinois Secretary of State if your business is an LLC or corporation. The forms and rules vary between LLCs and corporations. Filing Cost: $150 for each year or part thereof ending in 0 or 5.
Is DBA and sole proprietorship the same? Technically speaking, no. A sole proprietorship is a legal structure (like LLC or Corporation), and a DBA is not. A DBA is a legal requirement to operate your business with a trade name or a pseudonym different from your registered legal name.
There are four basic steps for registering an assumed business name or amending an existing business name. Complete the application. ... Publish the legal notice. ... Provide proof of publication. ... Assumed Business Name Certificate will be issued.

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