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This document serves as an application for corporations to adopt, change, or cancel an assumed corporate name in accordance with the Business Corporation Act.
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How to fill out application to adopt change
How to fill out APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME
01
Obtain the APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME form from the relevant state or provincial agency.
02
Read the instructions carefully to understand the requirements.
03
Fill out the form with accurate information regarding the current corporate name and the new assumed name if applicable.
04
Provide any required supporting documents as outlined in the form's instructions.
05
Pay any applicable fees required for processing the application.
06
Submit the completed form and payment to the proper agency either in person or via mail.
Who needs APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME?
01
Businesses looking to legally adopt a new assumed name or change an existing one.
02
Corporations needing to cancel an assumed corporate name that is no longer in use.
03
Entrepreneurs establishing a business that requires a trade name different from their registered corporate name.
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People Also Ask about
What is an assumed corporate 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.
Is an LLC an assumed name?
A DBA is an assumed (fictitious) name that an existing business has received approval to use when conducting business. An LLC is a registered business entity. Both options provide a way to operate under a business name other than a company's legal name.
What is the difference between a DBA and an LLC in Illinois?
DBA vs LLC in Illinois While your business assets are still at risk, your personal assets (home, car, savings) are not. With an LLC, you'll have liability protection whether or not you adopt a DBA. A sole proprietor, on the other hand, has no liability protection with or without a DBA.
How much does it cost to file for a DBA in Illinois?
In Illinois, a DBA is known as an “assumed name” and must be filed with a county clerk. This state has unique filing fee requirements: For years ending in 0 or 5, the fee is $150. For years ending in 1 or 6, the fee is $120.
How much does it cost to change the name of an LLC in Illinois?
How much does it cost to change an LLC name in Illinois? It costs $50 to change your LLC name in Illinois. This is the filing fee for the Articles of Amendment form. The fee is the same whether you file the form online or by mail.
What is an assumed business 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.
How do I cancel an assumed name in Illinois?
At the county level, you'll need to file a certificate of cancellation with your county clerk. Some counties provide a form like Peoria County's Supplementary Certificate of Ownership of an Assumed Name Business Withdrawal of Name(s) form.
What is an assumed name corporation?
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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What is APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME?
It is a formal document submitted to the relevant state authority to either establish, modify, or revoke a fictitious or assumed business name that a corporation is using.
Who is required to file APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME?
Any corporation that wishes to register a new assumed name, change its current assumed name, or cancel an existing assumed name is required to file this application.
How to fill out APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME?
The application should be completed by providing the corporation's legal name, the requested assumed name, the reason for the change (if applicable), and any required signatures or notarization as specified by the state.
What is the purpose of APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME?
The purpose is to ensure that the assumed name is officially recognized and registered with the state, providing legal protection and clarity for business operations and consumer awareness.
What information must be reported on APPLICATION TO ADOPT, CHANGE OR CANCEL AN ASSUMED CORPORATE NAME?
The application typically requires the corporation's legal name, the proposed assumed name, the address of the business, the names of the officers or owners, the reason for the adoption, change, or cancellation, and any other state-specific details.
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