Are you an Idaho business owner who wants to be able to operate your company under an assumed name? If so, consider acquiring a doing business as (DBA) name.
How do you obtain a DBA name for your Idaho 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.
What is an Idaho DBA?
For sole proprietorships and general partnerships, a DBA enables you 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 activities.
There are many different reasons for Idaho companies to acquire ‘doing business as’ names.
- For sole proprietorships and partnerships, they can make your company sound more professional than simply using your own name. You can also open a bank account using your DBA, which can not only help you keep your business and personal assets separate, but customers often have a higher comfort level writing out a check to a business name rather than to an individual’s personal name.
- For corporations and LLCs, DBAs are frequently used to give the company the option of using different names for separate product lines. Another common usage of a DBA is to distinguish satellite businesses from your main company. Restaurant owners love to do this, as for example it can help a fine-dining establishment open a fast-casual spin-off restaurant without affecting customers’ perceptions of the original location. Whether you want to create this separation for marketing or accounting purposes (or both), a doing business as name gives companies options that they wouldn’t otherwise have.
In short, a DBA in Idaho allows businesses to communicate their image and express themselves in different ways without having to actually form a new business to do so.
How Do I File an Idaho DBA?
A DBA is also called an Assumed Business Name or ABN in Idaho. In order to file a DBA, you should first confirm that the name has not already been filed by another business using the Idaho Secretary of State’s website. However, checking for name availability is not required, since Idaho does allow multiple businesses to file using the same name. DBAs are simply “notice filings,” and do not prevent other businesses from using the same DBA.
This ensures that your desired business name is available, and hasn’t already been claimed by another business in the state.
Once you have chosen a name, you must file a Certificate of Assumed Business Name. The filing fee is $25, and you can complete your DBA registration online at this link.
How Long Does an Idaho DBA Last?
Idaho law does not set an expiration date on DBAs. Instead, a DBA must be cancelled if it is no longer in use. To cancel an existing DBA, you must file a Cancellation or Amendment of Certificate of Assumed Business Name form. You can find this form here.
Should I Hire a Professional DBA Filing Service?
If you’d rather not fill out the paperwork and register for a DBA yourself, there are plenty of reputable companies offering a service. For a fee, these services will assemble the relevant paperwork and submit it to your state, and all you have to do is supply them with some basic information.
Filing an Idaho DBA is easy. All of the forms can be submitted online, and you don’t have to worry about renewing your DBA every 5 years like you would in most other states. The application usually takes only a few days to process, and the forms are simple to fill out. However, if you already have more than enough to do, most service providers (Ex: LegalZoom) charge a fair rate to handle DBA applications and renewals.
The doing business as name, or DBA for short, is one of the most simple business filings for Idaho entrepreneurs. The process to acquire one is quite straightforward, and you can begin using your new assumed name as soon as the state completes your filing.
We hope this article answered your questions about how to file an Idaho; DBA!
Frequently Asked Questions
Q: Does a DBA provide any legal protections?
A: No, registering a DBA does not legally protect you or your business. If you’re seeking personal asset protection, you might want to look into forming a corporation or a limited liability company rather than just acquiring a DBA name.
Q: Does a DBA need a registered agent?
A: A registered agent is not a legal requirement for sole proprietorships or general partnerships that acquire DBA names. However, limited liability companies and corporations do 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 not give your business exclusive rights to your assumed name. If someone wants to use the same name, and they form an LLC or corporation with it, they are legally allowed to take your name for themselves.
Q: Does the state of Idaho require publication of a DBA name?
A: No, Idaho does not require publication of a DBA name.