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

NC 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 NC 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;">: Hello, is NC a good state to start a small business?. <div class="fa-3x"> <i class="fa-duotone fa-flag fa-3x" style="--fa-primary-color:dodgerblue ; --fa-secondary-color:gold"> </i></div><br /> North Carolina <br /> <br /> Hello there! It's great to hear that you're interested in starting a small business in North Carolina. Let me give you some information about the business climate in the state and the viability of starting a new small business there. <br /> <br /> <h4>The Business Climate in North Carolina</h4> North Carolina has a thriving business environment that's favorable for entrepreneurs and small business owners. The state's economy is diverse, with a strong presence in industries such as finance, biotechnology, and manufacturing. According to the North Carolina Department of Commerce, the state is home to more than 900,000 small businesses, which account for 99% of all businesses in the state. <br /> <br /> <h4>Small Business Projections in North Carolina</h4> According to the Small Business Administration (SBA), small businesses in North Carolina are expected to grow in the coming years. In 2020, there were 931,245 small businesses in the state, which is projected to increase to 972,246 by 2025. These businesses are expected to create around 57,000 new jobs in the state by 2025. <br /> <br /> <h4>Stats and Facts about Small Businesses in North Carolina</h4> Here are some interesting statistics and facts about small businesses in North Carolina: <br /> <br /> Small businesses employ 1.6 million people in the state, which is 46% of the private sector workforce. <br /> <br /> The top industries for small businesses in North Carolina are healthcare, accommodation and food services, and retail trade. <br /> <br /> In 2020, there were 20,219 minority-owned businesses in the state, which is a 4.4% increase from the previous year. <br /> <br /> Women-owned businesses in North Carolina increased by 58% between 2007 and 2020, which is higher than the national average of 58%. <br /> <br /> According to the SBA, the survival rate of small businesses in North Carolina after five years is 50.8%, which is slightly higher than the national average of 50.3%. <br /> <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 /> <br /> <h4>Conclusion</h4> In conclusion, North Carolina is a great place to start a small business. With a thriving business environment, diverse economy, and supportive state programs, entrepreneurs and small business owners have everything they need to succeed. So go ahead and take the leap! <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 NC 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 North Carolina 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.

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