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

WA 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 WA DBA VS. INCORPORATING OR FORMING AN LLC

 

WHAT IS A <span style="font-size: 1.1em;color:green">Hello, I want to register for my LLC and get licenses in IA. In general, what licenses does a small business need to start operations? <div class="fa-3x"> <i class="fa-duotone fa-tree fa-3x" style="--fa-primary-color:green; --fa-secondary-color: gold "> </i></div> <h4>Is Starting a Small Business in Washington State a Good Idea?</h4> <ol> <li><strong>Tax Considerations:</strong></li> <p>When deciding whether to start a small business, understanding the tax implications is crucial. Washington State is often seen as an attractive option for entrepreneurs seeking to minimize personal and business taxes. The state does not impose a personal income tax, which means you won't be subject to excessive personal tax burdens. Additionally, Washington does not levy a corporate income tax, making it appealing for small businesses.</p> <li><strong>Business Climate:</strong></li> <p>Washington State offers a favorable business climate for entrepreneurs. It is home to a diverse range of industries, including technology, aerospace, agriculture, and manufacturing. The state's economy is robust, driven by innovation and a skilled workforce. Seattle, in particular, has a thriving startup ecosystem and is renowned for its support of small businesses.</p> <li><strong>Outlook for Starting a Small Business:</strong></li> <p>Starting a small business in Washington State can be a promising venture. The state's economy continues to grow steadily, providing ample opportunities for entrepreneurs. The business-friendly environment, access to capital, and supportive networks make it an ideal location to launch and scale a small business.</p> <li><strong>Information, Statistics, and Facts:</strong></li> <p>Here are some relevant information, statistics, and facts about starting a small business in Washington State:</p> <ul> <li>Washington State has a strong entrepreneurial culture, with numerous resources and organizations dedicated to supporting small businesses.</li> <li>The state's unemployment rate is consistently lower than the national average, indicating a favorable labor market.</li> <li>Washington ranks highly in terms of innovation and technology, attracting venture capital investments.</li> <li>Seattle, the largest city in the state, has a highly educated workforce and is known for its high-quality talent pool.</li> <li>Washington offers various tax incentives and credits for small businesses, further enhancing the economic landscape.</li></ul> <li><strong>Tax Rates:</strong></li> <p>While Washington does not have a personal or corporate income tax, it does impose other taxes:</p> <ul> <li>Sales Tax: Washington State has a sales tax rate that varies by location, ranging from 6.5% to 10.4%.</li> <li>Business and Occupation (B&amp;O) Tax: The B&amp;O tax is a gross receipts tax that applies to most businesses operating in Washington. The tax rates vary based on the business activity and classification.</li></ul> <li><strong>What Washington State is Known For:</strong></li> <p>Washington State is renowned for several characteristics:</p> <ul> <li>Innovation and Technology: The state is home to major technology companies like Microsoft, Amazon, and Boeing, fostering a culture of innovation.</li> <li>Natural Beauty: Washington boasts stunning landscapes, including the Cascade Mountains, Olympic National Park, and the Puget Sound.</li> <li>Agriculture: The state is a significant producer of apples, cherries, hops, and other agricultural products.</li> <li>Outdoor Recreation: Washington offers ample opportunities for outdoor activities, such as hiking, skiing, fishing, and boating.</li></ul></ol><br /> <br /> <br /> Washington has various business registration requirements depending on the type and activity of your business. Some of the common requirements are:<br /> <br /> Registering and getting a business license if you meet any of the following conditions:<br /> <br /> Your business requires endorsements.<br /> You are doing business using a name other than your full name, legal name.<br /> You plan to hire employees within the next 90 days.<br /> You sell a product or provide a service that requires the collection of sales tax.<br /> Your gross income is $12,000 per year or more.<br /> Your business is required to pay taxes or fees.<br /> You are a buyer or processor of specialty wood products.<br /> Your business meets Nexus threshold reporting requirements.<br /> Filing with the Washington State before filing the Business License Application if your business structure will be one of the following:<br /> <br /> Washington (Domestic) Corporation<br /> Washington (Domestic) Partnership<br /> Washington (Domestic) Liability Company<br /> Washington (Domestic) Limited Liability Partnership<br /> Establishing employer accounts to report employee hours and wages if you hire employees in Washington state3.<br /> <br /> Obtaining a license, registration, or permit if your business activity falls under one of the categories.<br /> Overall, starting a small business in Washington State can be a smart choice due to its favorable tax environment, thriving business climate, and support for entrepreneurship.<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 WA 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 WA 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.

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