Sign Pennsylvania Banking IOU Later

Form pa 1g njr2

a fictitious name is also known as DBA or doing business as a trade name or an assumed name a fictitious name is not a business entity it is fictitious in our case it can be considered a nickname for your LLC filing a DBA allows an LLC to conduct business using a name other than the officially registered LLC name listed in the certificate of organization an example would be if you are a part of a franchise let's say you buy into the Little Gym franchise and that you also formed an LLC by the name of Jay BC Enterprises LLC to legally protect yourself in this case you would register the fictitious name the Little Gym in essence JBC Enterprises LLC is DBA or doing business as the Little Gym another use for a fictitious name as if an LLC wants to branch out into a new market or new geographical territory let's say that Jim's company pittsburgh paint supplies LLC is now going to enter the harrisburg market Jim can register the fictitious name Harrisburg paint supplies and again in essence Pittsburgh paint supplies LLC is DBA as Harrisburg paint supplies in this example hover if Jim's business were to grow and get larger we recommend setting up a new LLC tying up a lot of money and liability under one umbrella can become riskier as the size of the business increases also as an entrepreneur it is good to think of your exit strategy if you want to sell your company down the road it is much easier to sell an entire LLC rather than dividing up shares or interest in one large company many times people want to register a fictitious name by the same name as their LLC just without the letters LLC unfortunately the state of Pennsylvania does not allow you to register an LLC a fictitious name with the same name meaning you can't form an LLC with the name maria's yoga studio LLC and then file a fictitious name for Maria's yoga studio many entrepreneurs think they need to do this so that they don't have to use the letters LLC in their marketing materials regarding the use of the letters LLC in your business name you only need to use the letters LLC on official documents such as purchase orders contracts leases tax returns bank documents etc as for your website logo your business cards and other marketing materials it's okay for you to simply use the name of your LLC without including the letters LLC if this was your original reason for filing a fictitious name now knowing this information you can save yourself some time and skip this step not only is it not necessary but again the state will not accept fictitious name filings of this type once a DBA is filed and approved by the state the LLC can then use that name as its official business name and accept payments and turn to agreements and open business checking and/or savings accounts you can now do business under the fictitious name however for any official documents again purchase orders contracts tax returns bank documents etc you would list your business name as your business LLC d/b/a your fictitious name for example let's say you're signing the lease the opening paragraph would read this agreement entered into on the 5th day of January 2012 by the holding company incorporated landlord and pittsburgh paint supplies LLC d/b/a harrisburg paint supplies tenant is as follows some key points to remember the fictitious name cannot own copyright you cannot take title to real estate in a fictitious name there are no limits to the amount of fictitious names a business can register and the filing of a fictitious name does not grant the owner in that name more specifically more than one person or entity can register and do business under the same fictitious name unlike an LLC which is granted rights that name within Pennsylvania a fictitious name does not have those rights in order to have rights to the fictitious name and to prevent others from using the same name you must file a trademark this can be done at the state level and/or at the federal level if you are located in and only doing business and PA then a Pennsylvania trademark will be sufficient if you are a national company it is recommended to file a federal trademark this can be done by visiting the US Patent and Trademark Office ww USPTO org or by consulting a trademark attorney to file your fictitious name you must complete the application for registration of fictitious name and mail it to the corporation bureau the filing fee is $70 the $70 filing fee must be made payable to Department of State in the next few slides I will go over the accepted forms of payment that go along with your application for registration of fictitious name you can either send in a personal check or a money order along with your fictitious name registration again the $70 filing fee must be made payable to Department of State if you are sending in a personal check your check must have a printed name and address on it let's take a look at a few examples this personal check would not be accepted and your finally would simply be sent back because there is no name or address on the check this check would be accepted because there is a name and then address on the check note the address must be printed it cannot be handwritten also the address does not have to be a Pennsylvania address or the address of the LLC it can be an address from any state you will notice that this check does not have an address under the name in this case you will need to use a money order here's an example of a money order that was used for an LLC filing I have just blacked out the address for privacy but you can see that it is made payable to Department of State after you mail your documents in the seventy dollar filing fee to the state you can expect to receive back a stamped and approved fictitious name registration form within seven to ten business days if there are any errors with your filing the state will simply send back your documentation along with instructions on what needs to be corrected here's an approved fictitious name registration you'll see there are two stamps at the top you'll have the entity number in the middle the approval stamp and at the bottom the approval date once you receive this your fictitious name is officially registered let's get started filling out your application for registration of fictitious name you can access this form from the download section below this video and you can either print it out or download and save it to your computer here we are at the registration for a fictitious name application I filled this form out and as you follow along in the video just make the necessary changes in the document that you have you have two options you can either save the PDF to your computer and you can type directly within the document or you can print it out and handwrite it if you are handwriting make sure to use a pen with either blue or black ink at the top you're going to fill out the name and address where you would like this document return to scrolling down in section one you're going to list the fictitious name in section two you're going to list a brief description of the business activity you can see here I put a painting supply store number three you're going to list the address where the fictitious name is going to be conducting business in this example I've used the new business address number four is in applicable you can leave this blank this is only for individuals registering a fictitious name in our case your LLC is going to be the owner which will fill out the details in section five scrolling down in section five you're going to list the name of your LLC you're going to write limited liability company and then put the organising jurisdiction in this case it will be Pennsylvania below that you're going to write the principal office address for your LLC and then you're going to scroll down both section six and seven aren't applicable and you can leave those blank you're then going to fill in the date you're going to list the name of your LLC here you're going to write managing member and then after you print this document out you're going to sign here make sure to include the third page when you send this filing in make sure you send in this document all three pages and your payment of $70 made payable to the Department of State you're going to send those to the Department of State Corporation Bureau p.o box 87 - to Harrisburg PA 170 105 - 87 - - if you have any questions while going through this filing you can call the corporation bureau directly at seven one seven seven eight seven one zero five seven you can leave a comment below this video or you can contact us with any questions going down to step h which talks about the requirement to advertise this is not going to be applicable in our case the advertising requirements are only for individuals or sole proprietorships who are registering fictitious names limited liability companies are not required to advertise and that wraps up the application for fictitious name make sure to include the three pages of your application form along with your payment and within seven to ten business days you'll receive back a stamped and approved copy of your application