How To Set Up A Dba In Colorado
Are you a Colorado business owner who wants to be able to operate your company under an causeless name? If and so, consider acquiring a doing business every bit (DBA) name.
How do you obtain a DBA name for your Colorado company, and how are you allowed to use your new name? In this guide, we'll walk through every detail of the DBA acquisition process in this state.
Guru Tip: It's important to understand that a DBA does non offer express liability protection every bit the LLC does. The LLC is the most popular entity for pocket-size businesses and is easy to gear up – past doing it yourself or hiring an LLC website.
How Do I File a Colorado DBA?
In Colorado, a DBA is ofttimes referred to equally a "Trade Proper name." The first affair you will need to do is search the Partition of Corporations with your desired name.
This ensures that your desired business organization proper name is available, and hasn't already been claimed by another business in the country.
To annals a DBA, follow these step-by-step instructions provided by the Colorado Secretary of State. The entire procedure can be done online through the Secretary of State website, but it is recommended that you impress off a re-create of the DBA confirmation for your own records.
Get Your Business concern Domain
To fully encompass the business proper noun, register your URL. With GoDaddy you'll be able to quickly build a company website so that nobody else tin can utilize or take it.
What is a Colorado DBA?
For sole proprietorships and full general partnerships, a DBA enables y'all to use a name other than the owner's personal name. For limited liability companies and corporations, DBAs allow you to use multiple names to officially refer to your business organisation activities.
There are many different reasons for Colorado companies to acquire 'doing business as' names.
- For sole proprietorships and partnerships, they can make your company sound more than professional person than simply using your ain name. Yous can likewise open a bank business relationship using your DBA, which tin can not only help you keep your business and personal avails separate, but customers ofttimes accept a college condolement level writing out a check to a business name rather than to an private'south personal name.
- For corporations and LLCs, DBAs are oft used to give the company the option of using dissimilar names for separate production lines. Some other common usage of a DBA is to distinguish satellite businesses from your primary visitor. Eating place owners love to do this, as for example it can help a fine-dining establishment open a fast-coincidental spin-off restaurant without affecting customers' perceptions of the original location. Whether you want to create this separation for marketing or bookkeeping purposes (or both), a doing business equally proper name gives companies options that they wouldn't otherwise have.
In short, a DBA in Colorado allows businesses to communicate their image and express themselves in unlike ways without having to really course a new business to practise so.
How Long Does a Colorado DBA Last?
Different many states that have 5-year DBAs, Colorado DBAs expire afterwards 1 year. If you desire to keep using the aforementioned DBA beyond that fourth dimension, yous volition need to file a Statement of Trade Proper noun Renewal within three months of the expiration date. For more than information on Colorado DBA renewals, consult this website.
Should I Rent a Professional DBA Filing Service?
If you'd rather non fill out the paperwork and register for a DBA yourself, in that location are plenty of reputable companies offering a service. For a fee, these services will gather the relevant paperwork and submit it to your land, and all you accept to do is supply them with some bones information.
Colorado's DBA registration process is extremely easy and intuitive. Everything can be done online, and it only costs $20 to register a new DBA. Information technology is not recommended to hire a DBA service in Colorado, because the entire procedure can exist washed in a matter of minutes. However, if you would adopt to permit professionals comb over the forms to make sure that everything is filled out correctly, most service providers (Ex: LegalZoom) charge a off-white charge per unit to handle DBA applications and renewals.
Conclusion
The doing business equally name, or DBA for short, is one of the well-nigh simple business concern filings for Colorado entrepreneurs. The process to acquire one is quite straightforward, and y'all tin can brainstorm using your new causeless proper name as soon as the country completes your filing.
We hope this article answered your questions near how to file a Colorado; DBA!
Frequently Asked Questions
Q: Does a DBA provide whatever legal protections?
A: No, registering a DBA does not legally protect you or your concern. If y'all're seeking personal asset protection, yous might desire to look into forming a corporation or a limited liability visitor rather than just acquiring a DBA proper name.
Q: Does a DBA demand a registered amanuensis?
A: A registered amanuensis is not a legal requirement for sole proprietorships or general partnerships that acquire DBA names. Still, express liability companies and corporations practice require a registered agent whether they have a DBA or not.
Q: Can someone else register a business using the same name as my DBA?
A: Filing a DBA does non give your business sectional rights to your assumed name. If someone wants to apply the same name, and they form an LLC or corporation with it, they are legally immune to take your name for themselves.
Q: Does the state of Colorado require publication of a DBA name?
A: No, Colorado does not require publication of a DBA name.
Source: https://incorporationguru.com/file-a-dba/colorado/
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