Business Name Vs Legal Name

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Business name vs legal name. While the business or trade name is starbucks a business or trade name can also be referred to as a fictitious name or a doing business as dba. Typically a company will have both a legal name and a trade name. It is the official name of the person or entity that owns a company.

A business name is the name under which you undertake your business activities. The llc name or legal name is the official name of the entity that is used to sign documents file tax returns file lawsuits or to submit a loan application with a bank. The name of a partnership.

A business name is your business s legal name. A registered or legal name is your business tax id number used by federal and state taxing agencies banks and for other legal purposes. If you are a sole trader your business name might simply be your first and last name for example john smith.

Llc name vs business name can be two separate names and serve different purposes. A company may choose to register a business name if it wants to carry on a business using its name without the legal terms or if it wants to use a different name. For example the legal name for starbucks may be starbucks coffee inc.

Their legal name is the one that appears on government and legal forms like their articles of incorporation documents a company must file with the state department to legally form a corporation. And it s the name you use on your government forms and business paperwork. A business or trade name is generally considered the name a business uses for advertising and sales purposes.

If you re a company it will be your full company name including proprietary limited pty ltd or any variation. It might not be same as your business name. It is also often referred to as a trading name.