Nevada DBA – Doing Business As
A Nevada doing business as (DBA) name is also known as an “assumed name”, “trade name” or “fictitious business name”. A business entity can assume any number of DBAs as there is no defined limit in the business laws. It is also important to note that unless you file for a DBA, you will not be able to conduct your business in any other name.
What is a DBA?
In order to understand Nevada doing business as (DBA), we need to understand what type of businesses requires DBA registration. A Nevada business would require a DBA registration if they want to transact business with any other name except for their registered name. In other words, every new or existing business has a “true name” also known as the legal name.
The legal name of a partnership or sole proprietorship would be the name of the business owners. The case is not the same for a business corporation, limited-liability company (LLC) or any other statutory business entity. The business name for such entities would be the name that has been mentioned or approved in their formation or incorporation documents. If and when a business entity requires a trade name, they will have to file a DBA or fictitious business name in Nevada. For example, if the owners of a start-up business named “Black Hat” want to conduct business as “Cryptic Linux” then they will have to file a DBA.
When you need a DBA?
If you are planning to register a new business in Nevada or have a business in any other state but are planning to start in Nevada using a different name then you will need to file for a Nevada doing business as (DBA).
It is important to understand that registering a fictitious business name in Nevada is not the same as incorporating your business and both have different processes. If you register the DBA without forming or registering your business entity in the state then the business will not be recognized under the law.
There are several reasons why a business entity or owner may need to register a fictitious business name in Nevada and some of these are:
- New Name: The foremost reason for adopting a Nevada doing business as (DBA) name is if the owners don’t want to conduct business under their personal name. This is true for partnerships and proprietorships. If you are planning to register an LLC or business corporation then also the reason would be the same, which is not to use the legal name or registered name of the company.
- Privacy: If you or your business requires privacy then you can opt for a fictitious business name in Nevada. In Nevada, once you register your business name or personal name for business purposes, it will automatically go on public record.
- Distinctive Name: There are times when a business may register a name and realize that the name has no connection with the business. For Example: If you have a Plant Nursery and you have registered it as Joe Fish (owner name) or Green Leaf LLC then you can file for a Nevada doing business as (DBA) as Potting Plants. The name would provide a clear insight at what the business offers or its activities.
- Bank Requirements: A bank may require an entity to register a DBA to facilitate the opening of a business account. This is true in cases of sole proprietorships and general partnerships. You may be required to show the bank copy of documents for a fictitious business name in Nevada filing or even assumed name certificates as proof.
- Expansion: If your existing business is expanding into another area that is completely different from the current business activity then filing a Nevada doing business as (DBA) name will definitely be a distinct advantage.
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