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

Texas 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 Texas 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-star fa-3x" style="--fa-primary-color:green ; --fa-secondary-color: gold "> </i></div>Hello there! Welcome to Texas, where everything is bigger and better, including the business opportunities! As a large state with a diverse economy, Texas is a great place to start a small business. Let's dive into some information and statistics that can help you understand the business climate and viability of a new small business in Texas. <h4>The Business Climate in Texas</h4>Texas has a reputation for being a business-friendly state, and for good reason. With no state income tax, low business taxes, and minimal regulations, it's no surprise that Texas consistently ranks as one of the top states for business. According to Forbes, Texas is currently ranked as the second-best state for business in the United States, based on factors such as business costs, labor supply, and growth prospects. <h4>The State's Official Animal Mascot and Population</h4>Before we dive into the nitty-gritty of small business statistics, let's have some fun and talk about Texas's official animal mascot! The state's official animal mascot is the armadillo. Yes, you read that right, the armored mammal is the official state animal of Texas. As for population, Texas is the second-most populous state in the United States, with an estimated population of over 29 million people. <h4>Number of Small Businesses in Texas</h4>Small businesses are the backbone of the Texas economy, making up over 99% of all businesses in the state. According to the Small Business Administration, there were over 2.7 million small businesses in Texas in 2020, which employed over 4.7 million people. That's a lot of small businesses, which is a testament to the state's supportive business environment. <h4>Projections and Stats About Small Businesses in Texas</h4>The future is bright for small businesses in Texas. In fact, according to the Texas Economic Development Corporation, the state is projected to add over 1 million jobs by 2026, with many of those jobs being created by small businesses. Additionally, the state's GDP is expected to grow by over 3.3% in 2021, which is great news for anyone starting a new business in Texas. <h4>Tips for Succeeding as a Small Business Owner in Texas</h4>With such a supportive business environment, there's never been a better time to start a small business in Texas. Here are some tips to help you succeed:<br /> <br /> Research your market and competition thoroughly before starting your business.<br /> <br /> Take advantage of the state's resources for small business owners, such as the Texas Economic Development Corporation and the Small Business Development Centers.<br /> <br /> Network with other small business owners in your community.<br /> <br /> Be prepared to work hard and be persistent, as starting and running a successful business is not easy.<br /> <br /> And most importantly, have fun and enjoy the journey!<br /> <br /> So, there you have it! A quick overview of the business climate and viability of starting a small business in Texas, complete with some fun facts and statistics. <br /> <br /> Best of luck on your small business journey in the Lone Star State!<br /> <br /> <br /> Here is a comprehensive list of licenses and business registrations that may be required to start a small business in Texas. <h4>Business Entity Registration</h4>To start a business in Texas, you must first choose and register your business entity. The most common business entities include: <ul> <li>Sole proprietorship</li> <li>Partnership</li> <li>Limited Liability Company (LLC)</li> <li>Corporation</li></ul>An LLC treated as an &quot;S&quot; corp. will afford personal and business asset protection, and QBI will reduce taxable income by 20%. The specific registration requirements and fees will vary depending on the business entity chosen. <h4>Fictitious Firm Name Certificate (DBA)</h4>If you use a name other than your legal name or entity name, you need a Fictitious Firm Name certificate, also known as a Doing Business As (DBA) certificate. This certificate is used to register your business name with the state of Texas. Note that if you register as an LLC or corporation, you don't need to file a DBA to register your business name because the LLC or corporate certificate includes your business name registration. <h4>Business License</h4>All businesses in Texas need a business license. The specific license required will depend on various factors such as the type of business, the number of employees, gross income, location, etc. Some common licenses include: <ul> <li>General Business License</li> <li>Professional License (e.g. for doctors, lawyers, architects)</li> <li>Occupational License (e.g. for electricians, plumbers, real estate agents)</li> <li>Food Service License (for restaurants, cafes, etc.)</li> <li>Liquor License (for businesses that sell alcohol)</li> <li>Tobacco Retailer's Permit (for businesses that sell tobacco products)</li></ul>The specific license required for your business can be determined by contacting the appropriate licensing agency. <h4>Seller's Permit</h4>If your business sells or buys wholesale or sells retail, you may need to obtain a state seller's permit. You may also need to obtain a local sales tax ID as well. <h4>Federal Tax ID (EIN)</h4>If you receive more than $600 annually from any one client, or you are a partnership or plan to form an LLC or incorporate your business, you need to apply for a Federal Tax ID or Employer Identification Number (EIN). Employers need a federal EIN and a State EIN to withhold and remit soc sec and other employment taxes. <h4>Other Permits and Licenses</h4>In addition to the licenses and registrations mentioned above, some businesses may need additional permits or licenses depending on the type of business and its location. Here are a few examples: <ul> <li>Building Permit (for businesses that plan to construct or renovate a building)</li> <li>Zoning Permit (for businesses that plan to operate in a certain zoning area)</li> <li>Health Permit (for businesses that handle food or provide health-related services)</li> <li>Fire Permit (for businesses that handle flammable materials or have fire hazards)</li></ul></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 Texas 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 TX 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.

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