MBL / DBA - Canada Nuans

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Name Analysis, Review, Reservation

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Summary

The final estimated price Including GST/HST is :

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GST/HST (13%)

GST/HST (5%)

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MBL (Master Business Licence) / DBA (Doing Business As) :

A company typically uses a trade name to conduct business using a simpler name rather than using their formal and often lengthier name. DBA / Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is already registered. If you want to use a name other than your legal business name, you will need to register it as a trade name/DBA (Doing Business As).

Some examples of businesses that need to register a trade name/ MBL/DBA include: You are a sole proprietor but are adding something to your legal name that modifies it (for example, Jane Doe Consulting). You plan to use a name other than your legal name for marketing purposes (for example, your business’ legal name is Smith Bakeries Inc., but you are marketing as Bob Smith’s Bakery).

Attributes : 1. Can own by Corporation, Individual; 2. Easiest form to start business 3. No Business name protection 4. Tax facility based on owners