Doing business as in Virginia is a certificate that registers a false name for your company, commonly known as an assumed name.
Doing business as in Virginia is a certificate that allows you to register a fake name for your company. This is also known as an assumed name. Anyone doing business under a name other than his or her own must get a doing business as (DBA) certificate.
What Is the Function of a DBA?
This certificate provides the government with information on the people who operate a firm. The county clerk will keep track of this information so that he or she understands who is accountable for the company’s actions, debts, and duties.
Failure to register for this certificate if you conduct business in Virginia under a name other than your company’s or your legal name has legal ramifications. In reality, it is a criminal punishable by a $2500 fine or a year in jail.
You may make contracts, create bank accounts, and operate under the assumed name after your firm has applied for a DBA.
If you are a lone owner, you may increase the visibility of your company by adopting a professional name rather than your own.
In Virginia, How Do You Register a DBA?
If you have a limited liability company (LLC) or corporation, you must register your assumed business name in the county where you want to conduct business, as well as with the Virginia State Corporation Commission.
To begin, check to see whether the name you intend to use for your Virginia firm is already in use by another company registered in the state. You should also check the Land Records Management System (LRMS) Trade Name Index at the Circuit Court Clerk’s Public Service Center for names that have previously been registered. If the name you choose is available, the next step is to fill out a Certificate of Assumed Name (CC-1050).
You must provide your legal name and contact information, as well as the name and contact information for your company and the fake name you want to use, in this page. You must sign and get the paper notarized. If you are in a partnership, all partners must sign in the presence of a notary.
This may be downloaded, printed, and sent to the clerk of your local court. Include a self-addressed stamped envelope if you want a certified copy in return. You may also include $.50 to cover postal expenses. There is a $10 filing fee for this form. You may pay in cash, check, or money order made payable to the Clerk of Circuit Court.
The paperwork should be sent to Clerk of Circuit Court, Public Service Center, 9311 Lee Avenue, Manassas, VA 20110.
Even if you have clients all over the state or nation, the application must be submitted in the county where you have a physical company site. Some counties may have extra processes or cost structures.
To ensure that your application is full and legitimate, follow the criteria supplied by the Virginia Judicial System. When filling out handwritten paperwork, you must use black ink.
When the Certificate is filed, certified copies may be obtained from the Circuit Court for $2.50 per copy. You will also be given a receipt, which you should save with your company records.
What Happens If Your Company Is a Foreign Entity?
If your firm is already established in another state, you must register with the Virginia State Corporation Commission as a foreign business organisation before registering a DBA name with the county. You do not need to register a company name at the county level if you already have an LLC, corporation, or general or limited partnership in Virginia, unless you wish to use a name that is distinct from your existing business name.