Are you interested in learning how to get a DBA in Michigan? Well, you’re in luck because this article has got you covered. In this informative video by Northwest Registered Agent LLC, they provide a comprehensive guide on the process of getting a DBA in Michigan. They cover important topics such as what a DBA is, its purpose, how to check name availability, filing costs, and the necessary steps to apply for an assumed name. The video also offers additional resources for those who want more in-depth information, such as the Department of Licensing and Regulatory Affairs (LARA) Corporations Online Filing System entity search. So if you’re looking to get a DBA in Michigan, this article is the perfect guide to help you navigate the process smoothly.
What is a DBA
Definition of DBA
A DBA, which stands for “Doing Business As,” is an assumed name that businesses can use in addition to their legal name. In Michigan, a DBA is referred to as an assumed name. It allows businesses to operate under a different name for various purposes such as privacy or branding.
Purpose of an assumed name
The purpose of an assumed name, or DBA, varies depending on the type of business. For sole proprietors, using an assumed name provides a level of privacy as they do not have to advertise under their personal name. On the other hand, LLCs or corporations may use an assumed name for branding purposes or to set up a second storefront for the same business.
Checking Name Availability
Department of Licensing and Regulatory Affairs (LARA)
Before filing for a DBA in Michigan, it is essential to check if the desired name is available. The Department of Licensing and Regulatory Affairs (LARA) provides a name search tool on their website. By using this tool, individuals can ensure that the chosen name is not already registered by another business.
Corporations Online Filing System entity search
In addition to checking with LARA, individuals can also use the Corporations Online Filing System entity search to verify name availability. This search tool allows users to search for existing business entities and confirm if the desired name is already in use.
Filing the Certificate of Assumed Name
Filing options (mail, in person, online)
Once the name availability is confirmed, individuals can proceed with filing the Certificate of Assumed Name. There are three filing options available: mail, in person, or online. The preferred filing method depends on the individual’s convenience and preference.
Cost of filing
The cost of filing for a Certificate of Assumed Name varies depending on the applicant. For sole proprietors, the filing fee is approximately $25, while corporations are charged around $10. It is important to note that these fees are subject to change and individuals should check the most up-to-date information before filing.
Benefits of Getting an Assumed Name
Privacy for sole proprietors
One of the main benefits of getting an assumed name is the privacy it provides for sole proprietors. By using an assumed name, they can avoid advertising their business under their personal name, thus maintaining a level of privacy and separating their personal and professional lives.
Branding opportunities
For LLCs or corporations, an assumed name can provide branding opportunities. It allows businesses to create a distinct identity and market themselves effectively. By adopting a name that resonates with their target audience, businesses can enhance their brand recognition and attract more customers.
Expansion possibilities
Having an assumed name also opens up possibilities for expansion. Businesses can use different assumed names to establish multiple storefronts or reach new markets. This flexibility allows for strategic growth and the ability to adapt to changing market demands.
Process for Getting a DBA in Michigan
To get a DBA in Michigan, individuals need to follow a two-step process: checking name availability and filing the certificate of assumed name.
Checking name availability
Before filing, it is crucial to ensure that the desired name is available. This can be done by visiting the website of the Department of Licensing and Regulatory Affairs (LARA) or using the Corporations Online Filing System entity search. By entering the desired name, individuals can confirm its availability and avoid any potential conflicts.
Filing the certificate of assumed name
Once the name availability is confirmed, individuals can proceed with filing the certificate of assumed name. The filing can be done through mail, in-person submission, or online using the corporation’s online filing system. Regardless of the chosen method, individuals should carefully follow the instructions provided by LARA to ensure a successful application.
Detailed Steps for Checking Name Availability
Visit the website of Department of Licensing and Regulatory Affairs (LARA)
To check the availability of a desired name, individuals can visit the website of the Department of Licensing and Regulatory Affairs (LARA). On the LARA website, there is a name search tool that allows users to input the desired name and check if it is already registered by another business entity.
Use the Corporations Online Filing System entity search
In addition to the LARA website, individuals can also use the Corporations Online Filing System entity search to confirm name availability. This tool provides a comprehensive database of existing business entities, allowing users to search and verify if the desired name is already in use.
Detailed Steps for Filing the Certificate of Assumed Name
Choose a filing option (mail, in person, online)
Once the name availability is confirmed, individuals can choose the preferred filing option: mail, in-person submission, or online filing. Each method has its own advantages and individuals should select the one that suits their convenience and preference.
Follow the instructions provided by LARA
To successfully file the certificate of assumed name, it is important to carefully follow the instructions provided by LARA. The instructions outline the required documents, fees, and any additional details that need to be included in the application. By following these instructions, individuals can ensure a smooth filing process.
Pay the filing fee
As part of the filing process, a filing fee needs to be paid. The fee varies depending on the applicant, with sole proprietors being charged around $25 and corporations around $10. It is essential to include the appropriate payment along with the application to complete the filing process.
Filing Cost for the Certificate of Assumed Name
Cost for sole proprietors
For sole proprietors, the filing fee for the Certificate of Assumed Name is approximately $25. This fee is subject to change, and individuals should verify the current cost before filing.
Cost for corporations
Corporations are charged a filing fee of around $10 for the Certificate of Assumed Name. It is important to note that this fee may vary, and individuals should check the most up-to-date information from LARA before filing.
Summary/Recap of Getting a DBA in Michigan
Definition and purpose of DBA
A DBA, or assumed name, is an additional name that businesses can use alongside their legal name. It serves various purposes such as privacy, branding, and expansion.
Checking name availability
Before filing for a DBA, individuals should check if the desired name is available. This can be done through the Department of Licensing and Regulatory Affairs (LARA) website or the Corporations Online Filing System entity search.
Filing the certificate of assumed name
Once the name availability is confirmed, individuals can file the certificate of assumed name through mail, in-person submission, or online using the corporation’s online filing system. Carefully following the instructions provided by LARA is crucial for a successful filing.
Benefits of getting an assumed name
The benefits of getting an assumed name include privacy for sole proprietors, branding opportunities for LLCs and corporations, and expansion possibilities through multiple storefronts or target markets.
Conclusion
Getting a DBA in Michigan is a straightforward process that involves checking name availability and filing the certificate of assumed name. By following the steps outlined by the Department of Licensing and Regulatory Affairs (LARA), individuals can obtain an assumed name for their business. Whether it’s for privacy, branding, or expansion purposes, getting a DBA can provide businesses with valuable opportunities.