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Is assumed name same as DBA Texas?

In Texas, we generally refer to DBA registration as filing an Assumed Name Certificate. Any type of entity structure can file an Assumed Name, whether you are operating as a sole proprietor, a partnership, a corporation, or an LLC.

What does assumed name mean in business?

When a statutory business entity such as a corporation, limited liability company (LLC), or limited partnership (LP) does business under an assumed name (also known as a DBA or \u201cDoing Business As\u201d) that means it is using a name other than the one set forth in its formation document.

What is an assumed name called?

An assumed name, sometimes called a fictitious name, or DBA that stands for \u201cDoing business as\u201d is a feature of some state corporation laws that allows a corporation to operate under more than one name.

What is the difference between an assumed name and a DBA?

Any business that uses a name other than its legal name should take steps to comply with the assumed name statutes in the states in which it does business. An assumed name is also called a DBA (doing business as) name. Failing to do so can expose both the business and owners to unpleasant consequences.

What is an assumed name in Texas?

Assumed Name Certificates in Texas An assumed business name is a name for your business that is different than its legal registered name. An assumed business name certificate is the document that serves as proof that your company has the legal right to use a specific name.

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Are assumed name and DBA the same thing?

A DBA, also known as a fictitious business name, assumed name, or trade name, is a registration you file with your state, county, or city licensing agency to do business under a new name.

Do I need an assumed name in Texas?

When Do You Need a DBA? In Texas, all corporations, limited liability companies (LLCs), limited partnerships (LPs), limited liability partnerships (LLPs), or out of state companies that regularly conduct business in Texas under a name other than its legal name, must file a DBA with the Secretary of State.

How long is an assumed name good for in Texas?

Duration: The assumed name certificate shall be effective for a term not to exceed ten years from the date the certificate is filed and may be renewed by filing a new certificate within six months of the expiration of the original certificate (TBCC § 71.151).

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