
805 ILCS 405 Assumed Business Name Act Illinois General Form


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People also ask
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What is the difference between assumed name and DBA in Illinois?
An assumed business name, also called a DBA (doing business as) name, is used by an entity that is conducting business under a name that is not its legal name. Any business that uses an assumed name should take steps to comply with the assumed name statutes in the state(s) in which it does business.
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Are assumed name and DBA the same?
An assumed business name, also called a DBA (doing business as) name, is used by an entity that is conducting business under a name that is not its legal name.
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Do assumed names expire in Illinois?
The right to use an assumed name is effective from the date the application is filed by the Secretary of State's office until the first day of the company's anniversary month in the next calendar year evenly divisible by five. The assumed name is renewed for a period of five-years.
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What is the Illinois business Takeover Act?
The Illinois Business Take-over Act," passed on September 8, 1977, requires tender offerors for Illinois target corporations to notify the Illinois Secretary of State and the target corporation of the offer's terms twenty days before the offer becomes effective.
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What is the assumed business name act 805 ilcs 405?
The Illinois Assumed Business Name Act 805 ILCS 405 requires that individuals doing business under an assumed name or any name other than the real name of the business owners, must file a certificate with their County Clerk registering their business name and the real names of the owners.
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Does Illinois require LLC in business name?
Business Name: The LLC name shall be the name under which the LLC shall transact business in Illinois unless the LLC elects to adopt one or more assumed LLC names.
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What is an assumed name in Illinois?
The Clerk's office registers business names known as "assumed names" (or DBA) for new businesses in ance with Illinois law. An assumed name is issued to any business entity that uses a name other than the name(s) of the individual(s) who own or operate the business.
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Why would someone do a DBA?
A DBA can be filed in order for a company to transact business under the company's domain name. This is especially helpful when your company name is not available as a domain name. For example, you may want to operate another business or website in addition to your existing one.
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