Setting up a business in Arizona involves several important steps, including obtaining a DBA (Doing Business As). A DBA allows you to operate your business under a name different from your legal business name. This post explores how to get a DBA in Arizona and ensure your business is legally recognized under the name of your choice.
Meaning of DBA
A DBA is a trade name businesses use to operate under a name different from their legal business name. This is particularly useful for sole proprietors, partnerships, corporations, and LLCs that wish to rebrand or diversify their services.
Process to Obtain a DBA in Arizona
The following are the ways through which you can obtain a DBA in Arizona:
Verify Name Availability
Before filing for a how to get a DBA in Arizona ensure that the name you want is available. Conduct a name search through the Arizona Secretary of State’s website. This search will confirm if your desired name is unique and has not already been used by another Arizona business.
Filling Out the Trade Name Form
The next step is to complete the Trade Name Registration Application. This form requires specific details about your business and the desired trade name.
- Desired Trade Name: The name you wish to register.
- Date of First Use: When you started using the name.
- Type of Business Entity: Sole proprietorship, partnership, LLC, or corporation.
- Nature of Business: What your business does.
- Owner’s Contact Information: Your personal and business contact details.
Make sure all information is accurate and complete before submission.
Submit the Application
Once the form is filled out, submit it with the filing fee. The standard fee for processing is $10, and it takes about 2-3 weeks. If you need expedited service, which takes 24-48 hours, you can pay an additional $25. Submit your application online or mail it to the Arizona Secretary of State at the following address:
Arizona Secretary of State
Attn: Trade Name/Trademark Division
1700 W. Washington Street, FL. 7
Phoenix, AZ 85007-2808
Await Approval
After submission, the Secretary of State’s office will review your application. If approved, you will receive a certificate confirming your DBA registration. If your application is rejected, you will be notified of the reasons and may need to reapply with the necessary corrections.
Renewal and Maintenance
DBAs in Arizona are valid for five years. It’s important to renew your registration before it expires. The renewal process can be completed online, and the fee is $10. To avoid any lapse, renew at least six months before expiration.
Important Considerations
Understanding the nuances of registering a DBA in Arizona can help streamline the process. Here are some important aspects to consider:
- Naming Restrictions: Certain terms like “Bank,” “Credit Union,” and “Trust” cannot be used unless you have specific approval from the Arizona Department of Financial Institutions.
- Legal Protection: Registering a DBA does not provide personal liability protection. If you need liability protection, consider forming an LLC or corporation.
- Business License: Registering a DBA is different from obtaining a business license. Depending on your business activities, additional licenses may be required.
Benefits of Having a DBA
There are several advantages to registering a DBA:
- Brand Flexibility: You can easily change or update your DBA name to adapt to market conditions.
- Marketing Opportunities: A memorable DBA name can enhance brand recognition and marketing efforts.
- Business Banking: A DBA allows you to open a business bank account under your trade name, separating personal and business finances.
Disadvantages to Consider
While DBAs offer many benefits, there are some drawbacks:
- No Liability Protection: DBAs do not protect personal assets, unlike LLCs or corporations.
- Administrative Burden: Maintaining a DBA involves adhering to legal requirements and keeping up with renewals.
Conclusion
Obtaining a DBA in Arizona is a simple process that involves verifying name availability, completing the necessary forms, and submitting your application. While a DBA offers several benefits, such as flexibility and improved marketing opportunities, it does not provide personal liability protection. Therefore, consider your business needs and choose the appropriate structure to ensure your business operates smoothly and legally. Following these steps, you can successfully register your DBA and start a business under your chosen name.
