Filing/Amending Articles of Organization; Employer Identification Numbers
This video is in response to some excellent questions I received regarding Articles of Organization & Employer Identification Numbers.
How long does it take to hear back after I filed Articles of Organization with the Secretary of State?
As with the answer to most questions of a legal nature: it depends. Mostly, it depends on your state. The Colorado Secretary of State, for example, generally gives you confirmation of the filing immediately. In Colorado the Articles of Organization are filed electronically with the Secretary of State and in most cases your LLC is immediately registered upon filing. The turn around time in other states may be different, but in Colorado, registration is instant after you file the Articles of Organization with the Secretary of State.
Do I need a DBA or Trade Name?
“DBA” stands for “doing business as.” Some states use the term DBA, some (Colorado included) use the term “trade name” instead. The main reason you might want to register a DBA or trade name is if you are going to operate your business under a name different from the name you registered with the Secretary of State when you filed the Articles of Organization. So, for example, let’s say your LLC has one name but you want to do business under a similar or different name; you would register that DBA or Trade Name by filing a Statement of Trade Name with the Secretary of State. (In Colorado, it is a Statement of Trade Name; other states may call it something else.) However, if you are going to do business under the name that you filed under your Articles of Organization, then you don’t need to file a trade name. You may also need to register a DBA or trade name if you are operating your business as a sole proprietor and have not formed any legal business structure like an LLC or corporation.