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

North Carolina 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 North Carolina DBA VS. INCORPORATING OR FORMING AN LLC

 

WHAT IS A <span style="font-size: 1.1em; color: green; font-weight: bold;">Q</span><span style="font-size: 1.1em; color: green;">:Starting a Business and Getting Licensing in North Carolina: Business Environment <div class="fa-3x"> <i class="fa-duotone fa-squirrel fa-3x" style="--fa-primary-color:dodgerblue ; --fa-secondary-color:gold"> </i></div><br /> Starting a Business in North Carolina <br /> <br /> Information on starting a small business in North Carolina. Let's dive right in! <h4>The Business Climate in North Carolina</h4> North Carolina has a diverse economy with strong industries in technology, biotechnology, pharmaceuticals, and financial services. The state also boasts a highly skilled workforce and a business-friendly environment. In fact, Forbes ranked North Carolina as the third-best state for business in 2021, citing its low business costs, high quality of life, and strong economic growth. <h4>The Viability of a Small Business in North Carolina</h4> North Carolina is a great place to start a small business. In 2021, there were over 900,000 small businesses in the state, which employ over 1.6 million people. Additionally, small businesses make up 99.6% of all businesses in North Carolina. The state's strong economy and supportive business environment make it an attractive place for entrepreneurs to start and grow their businesses. <h4>North Carolina's Official Animal Mascot and Population</h4> North Carolina's official animal mascot is the Eastern Gray Squirrel. As of 2021, the estimated population of North Carolina is approximately 10.7 million people. <h4>Projections and Stats for Small Businesses in North Carolina</h4> According to a report by the North Carolina Small Business and Technology Development Center, small businesses in North Carolina have a significant impact on the state's economy. In 2020, small businesses generated over $138 billion in revenue and employed over 1.6 million people. Additionally, small businesses created over 44,000 net new jobs in North Carolina in 2019. <h4>Tips for Starting a Small Business in North Carolina</h4> If you're thinking about starting a small business in North Carolina, here are some tips to keep in mind: <ol> <li>Research your market: Before starting a business, it's important to research your target market to ensure there is demand for your product or service.</li> <li>Create a business plan: A solid business plan will help you define your goals, develop a marketing strategy, and secure funding.</li> <li>Understand the legal requirements: You'll need to register your business, obtain any necessary licenses and permits, and comply with local, state, and federal regulations.</li> <li>Secure funding: Starting a business can be expensive, so it's important to explore all of your funding options, including loans, grants, and crowdfunding.</li> <li>Build a strong team: Hiring the right people is crucial to the success of your business. Be sure to hire employees who are skilled, motivated, and aligned with your company's values.</li></ol> Here is a comprehensive list of licenses, permits, and tax registrations required to start a small business in North Carolina: <h4>Business Licenses and Permits</h4> <ul> <li>General Business License.</li> <li>Zoning Permit: Required for businesses located in certain areas or operating from a home-based location.</li> <li>Health Permit: Required for businesses that sell food or drinks, or provide certain health-related services.</li> <li>Fire Department Permit: Required for businesses that handle hazardous materials, use open flames or flammable materials, or have a high occupancy rate.</li> <li>Building and Construction Permits: Required for businesses that construct or renovate buildings, or install certain equipment or systems.</li> <li>Sign Permit: Required for businesses that installation outdoor signs or displays.</li> <li><span style="font-weight: bold;">Occupational License</span>: Required for some professions, such as attorneys, accountants, and real estate agents.</li> <li>Alcohol License: Required for businesses that sell or serve alcoholic beverages.</li></ul> <h4>Tax Registrations</h4> <ul> <li>Employer Identification Number (EIN): Required for all businesses with employees.</li> <li>State Tax Identification Number: Required for all businesses that collect sales tax or withholding tax.</li> <li>Federal Tax Identification Number: Required for all businesses that file federal taxes.</li></ul> <h4>Special Licenses and Permits</h4> <ul> <li>Professional License: Required for some professions, such as doctors, dentists, and architects.</li> <li>Environmental Permits: Required for businesses that emit pollutants or handle hazardous materials.</li> <li>Transportation Permits: Required for businesses that transport goods or people.</li> <li>Special Events Permits: Required for businesses that hold public events or festivals.</li></ul><br /> <br /> <span style="font-weight: bold;">General business license</span>.&nbsp; In order to operate within their jurisdiction. You should check for the specific requirements and fees.<br /> <br /> Building and zoning permits. If you plan to construct, renovate, or occupy a building for your business, you may need to obtain various permits from your local planning and inspections department. These may include building, electrical, plumbing, mechanical, fire, signage, and zoning permits.<br /> <br /> <span style="font-weight: bold;">Sales and use tax number.</span> If you sell tangible goods or certain services in North Carolina, you need to register with NC obtain a sales and use tax number. You also need to collect and remit sales tax to the state on a regular basis.<br /> <br /> <span style="font-weight: bold;">Sales tax certificate of exemption</span>. If you purchase goods or services for resale or for use in manufacturing or processing, you may qualify for a sales tax exemption. You need to apply for a certificate of exemption from&nbsp; NC and present it to your suppliers when making purchases.<br /> <br /> <span style="font-weight: bold;">Professional license</span>. If you provide certain professional services that are regulated by the state, such as accounting, engineering, law, medicine, etc., you need to obtain a license from the appropriate occupational board. You should check with the board that oversees your profession for the specific requirements and fees.<br /> <br /> <span style="font-weight: bold;">Employer identification number (EIN)</span>. If you have employees, you need to obtain an EIN that identifies your business for tax purposes. You also need to withhold and pay federal and state income taxes, social security taxes, and unemployment taxes for your employees.<br /> <br /> <span style="font-weight: bold;">Assumed business name registration</span>. If you operate your business under a name that is different from your legal name or the name of your entity, you need to register your assumed business name (also known as a trade name or DBA).<br /> <br /> <h4>Conclusion</h4> North Carolina is a great place to start a small business. With a supportive business environment, a diverse economy, and a strong population, the state offers entrepreneurs many opportunities to succeed. Keep these tips in mind as you start your business, and good luck on your journey!</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 North Carolina 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 NC 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.

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