How is the fictitious business name?

The term "fictitious business name" may sound like a queue for the Mafia, but in fact it is a legitimate form of business registration, which is quite common in many regions. The registration of a fictitious business name enables the owner, partnership or corporation to do business under the name separate from their established legal names. Different regions have different regulations regarding the use and administration of fictitious business names; The regional official can be a good source of information on where to find the necessary forms and what regulations. If Joan Applewood wanted to open a "shortcake" bakery, it might have to register as a fictitious business name. Registration creates a record that connects a legally responsible party called Entrepreneurship by saying that Joan does business as a shortcake, making it easier to monitor ownership. In different countries, laws requiring fictitious registration may be referred to as "business", "trading as" or "acting as" laws.

Where the establishment of fictional businesses becomes complex if one wants to include part of your name in the name of business. In general, if a person uses his full name in the title, such as "John Doe's Pneuse Shop", it will not require the creation of a fictitious business. However, if the owner wants to call the company "John's tires" or "shop tires", he may be obliged to register in certain regions. Many jurisdictions will give up registration if the surname of the owner is in the title, but not if only his first name is used.

Fictitious business name may be necessary for companies that have co -owners but do not want to give all their Names in the title. Names such as "Jones and Associates", "Donovan Group" and "Brown and Sons" suggest that there are more than one owner and may or may not require registration. State and regional laws can have very different interpretations of this problem; which is a very mineCarefully study valid laws.

In some regions, the submission of a fictitious business name is simply performed by submitting the form and fee to the competent authorities. In some regions, support material is also required to show that the owner is the legal owner of the proposed company. California trade law also carries an unusual requirement for the owner to publish a notification of a trade name in a local newspaper for several weeks.

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