Illinois DBA BUSINESS NAME

If you are the shareholder / owner of  a corporation, LLC, or other state registered limited entity, the legal name is the name on the face of the filed articles / certificate. Other than corporate state created entities,  the legal name of the owner is the personal name of the business owner or owners.  Starting business operations in () and even opening a bank account under any name other than your legal name requires a DBA filing.

Get Your Illinois DBA, Doing Business as, Fictitious Business Name Statement, Certificate of Assumed Business Name, Fictitious Firm Name, Doing Business As, DBA business certificate.

IL DBA stands for "doing business as."   Depending on the state,  governments may also use the terms fictitious business name, trade name or assumed name.  You are required to register Augusta DBA if your business operates under a name other than its legal name.

GETTING A IL DBA VS. INCORPORATING OR FORMING AN LLC

 

WHAT IS A <span style="font-size: 1.1em;color:green"><br /> <div class="fa-3x"> <i class="fa-duotone fa-trees fa-3x" style="--fa-primary-color:blue ; --fa-secondary-color:gold"> </i></div><br /> There are many reasons why you might want to start a business in Illinois. The state offers a number of benefits and incentives for small businesses, including:<br /> <br /> A strong economy: Illinois has a strong economy with a diverse workforce and a growing population. This makes it an attractive place to start or grow a business.<br /> A business-friendly environment: Illinois has a business-friendly environment with a low corporate tax rate and a streamlined regulatory process. This makes it easy to start and operate a business in the state.<br /> Abundant resources: Illinois has a number of resources available to help small businesses succeed, including:<br /> The Illinois Department of Commerce and Economic Opportunity (DCEO) offers a variety of programs and services to help small businesses, including:<br /> Financial assistance<br /> Technical assistance<br /> Marketing assistance<br /> Business training<br /> The Illinois Small Business Development Center (SBDC) network provides free and confidential counseling to small businesses.<br /> The Illinois Technology Association (ITA) provides a number of resources to help technology companies succeed, including:<br /> Networking opportunities<br /> Mentorship programs<br /> Funding opportunities<br /> A strong workforce: Illinois has a strong workforce with a diverse set of skills and talents. This makes it easy to find qualified employees for your business.<br /> If you are considering starting a business, Illinois is a great place to do it. The state offers a number of benefits and incentives that can help you succeed.<br /> <br /> Here are some specific examples of state incentives for small businesses in Illinois:<br /> <br /> The Economic Development for a Growing Economy (EDGE) Tax Credit Program: This program provides tax credits to businesses that create jobs or invest in Illinois.<br /> The Illinois Enterprise Zone Program: This program provides tax credits and other incentives to businesses that locate or expand in economically depressed areas of Illinois.<br /> The Data Centers Investment Program: This program provides tax credits and other incentives to businesses that invest in data centers in Illinois.<br /> In addition to these state incentives, there are also a number of local incentives available to small businesses. For example, many cities and counties offer tax abatements or other incentives to businesses that locate or expand in their communities.<br /> <br /> If you are considering starting a business in Illinois, I encourage you to contact the Illinois Department of Commerce and Economic Opportunity (DCEO) to learn more about the state's business incentives. You can also contact your local city or county government to learn about local incentives that may be available to your business.<br /> <br /> The Illinois Department of Commerce and Economic Opportunity (DCEO) offers various programs and services to help small businesses start, grow, and succeed in Illinois. These include grants, loans, tax credits, training, technical assistance, and more.<br /> <br /> The Illinois Expands Business Incentives program provides new and improved incentives for businesses in various sectors, such as clean energy, microelectronics, public road construction, and more. These include closing funds, tax credits, and renewal clauses.<br /> <br /> The Illinois Small Business Jobs Creation Tax Credit program provides small business owners and non-profits with a $2,500 per job tax credit for creating one or more new, full-time positions that meet the eligibility requirements.<br /> <br /> <br /> <br />Here is a list of common licenses and permits required for various types of small businesses in Illinois:<br /> <br /> Food-related Businesses:<br /> <br /> Food Service Sanitation Manager Certification: Required for establishments handling food, such as restaurants, cafes, and food trucks.<br /> Retail Food Establishment License: Necessary for businesses that sell or distribute food products.<br /> Liquor License: Required for businesses that serve or sell alcoholic beverages.<br /> Tradesmen:<br /> <br /> Contractor's License: Needed for general contractors, electricians, plumbers, and other skilled trades.<br /> Home Improvement Contractor License: Required for businesses offering home improvement services.<br /> HVAC Contractor License: Necessary for heating, ventilation, and air conditioning contractors.<br /> Retail:<br /> <br /> Sales Tax Permit: Required for businesses selling tangible goods in Illinois.<br /> Tobacco Retailer License: Necessary for businesses selling tobacco products.<br /> Firearms Dealer License: Required for businesses engaged in the sale or transfer of firearms.<br /> Wholesale:<br /> <br /> Wholesaler's License: Required for businesses engaged in wholesale activities, such as selling products to retailers or other businesses.<br /> Services:<br /> <br /> Professional License: Certain service-based professions, such as attorneys, accountants, architects, and real estate agents, require specific professional licenses.<br /> Home Care Agency License: Necessary for businesses providing in-home healthcare services.<br /> Salon or Barber Shop License: Required for businesses offering hair and beauty services.<br /> Other Types of Businesses:<br /> <br /> Child Care License: Needed for businesses providing childcare services.<br /> Tattoo and Body Piercing Establishment Registration: Required for businesses offering tattooing or body piercing services.<br /> Pawnbroker License: Necessary for businesses engaged in pawnbroking activities.<br /> <br /> </span> DBA

A dba "Doing Business As" is just a business name certificate you are legally required to file - i.e, you need to register your IL business name and obtain a business name certificate, also called a DBA.   A DBA helps you open a bank account and be legal but it does not protect your personal assets because the business entity is still a sole owner or partnership.  A sole owner and all partners are liable for all civil or financial liability that the business incurs.

WHAT IS A Illinois CORPORATION OR LLC

A corporation or LLC is a separate and distinct state created legal business entity - separate from its shareholders / owners.  Thus, a shareholder's / owner's assets, such as a home, personal bank account, or automobile, are not at stake if the corporation or LLC is sued and a court judgment is entered against it for civil or financial liability. 

Only the corporate or LLC assets are at stake.  If the corporation has one computer and $1,000 in a corporate bank account, that is all that can be seized.  If you register a dba and you are sued, you are liable for all business liability and creditors can go after your personal assets. Here is an example:

Business Licenses You Need to Legally Start Your Business

In a Nutshell -- Here's what you need to start:

All businesses must obtain:

• 1. A

  DBA

  Articles   On Friday, November 19, 2021 2:04:00 PM there was a question about Business Get DBA Filling Garland Tx  . The Services business category and Yoga teacher type, has   employees and located in Garland Dallas County  , TX 75040 and the business owner wants business credibility in the market as. deas XYZtch , Inc.Co Whatever name a company chooses to do business as, it requires a fictitious business name registration, which also requires a fee to be registered. Registering a fictitious business name does not protect that name nor does it protect the business owner from personal liability related to business actions as setting up a corporation does. It is perhaps a better choice to just incorporate for the same or a little higher fee because you will also have corporate protection for the business name and personal vs business liabilities. Registering a trade name allows you to create stationary and open a business bank account but you are not protected from liability. E.g. if your business has debts the lender can sue you personally to obtain a judgment vs your personal assets as opposed in the case you were a corporation where the lender could only sue the corporation directly and if the corporation had no assets the lender could get nothing.

  IL business License and an
  IL Assumed Business Name DBA.
  
• 2. All retailers and wholesalers of taxable items must obtain a Sales State Tax ID Number, also called a IL resellers, resale or wholesale number ID.
  
• 3. All employers, must get a Illinois federal tax employer number and a
  Illinois state employer number ID.
  
• 4. Optionally, to protect your personal assets, such as your home or automobile, from business related lawsuits or creditors, by IL forming an LLC
• If you want to protect your personal assets, you might consider incorporating in
  IL , or better yet form a
  Illinois LLC .
  
• Illinois Form LLC or
  Illinois Incorporating.