My child is 4yrs old actress.  People tell me I should open a DBA under her own name. She works as her own personal legal name, which is her own name.

I was told to open a DBA for her own name.

Seems as though I would only need to if she worked under a different name. Is this correct?

Or will I need the DBA as her own name to open her own bank accounts?

The purpose a DBA will serve in this case is providing a legal framework in which for you to operate and open a bank account, file for business licenses, sellers permits, federal tax ids, and all of the other essential filings you will need as a business as your daughters fortunes grow and continue to shine.

Strictly speaking, a DBA is only necessary when you are doing business under a different name. However, there are three things that must be considered:

1. A child can not open a bank account in their own name.

2. When a stage name is taken, it will necessitate the filing a a DBA regardless of desires.

3. Many states have laws REQUIRING the funneling of a certain portion of a child preformers profits into a second protected account to ensure their future.

As such, to aid in this endeavour, cut down on paperwork, and simplifiy the ordeal all around, it would be best if you decided on a stage name and formed a DBA now rather than waiting for a later date.

*07* The answer to the question above is that because you don't have any employees, and you are not dealing or selling any products or merchandise that requires the collections of sales tax, you only need a couple of business permits and tax ids to start. For example, you need to get a business license, also called a home occupation permit or simply a business occupational tax license. The business license is almost always required by at least one level of government whether that is the federal, state, county or city government. It is also called a federal registration, state professional license or tax registration, county premises inspection and licensing or municipal tax registration or permit as well as a business personal property tax on your business equipment. Other than that, you will need to file a DBA and register your business trade name if you use a fictitious business name doing business as (DBA) as your trade name. If you decide to be a partnership, you must identify it to the IRS with a business tax id number and that is a federal tax id number and you can, also, use it instead of you social security number to open a bank account. Finally, do it right right from the start. Get an LLC formation or Incorporate here online. Since you need to to register a fictitious business name because you use a trade name to operate and or promote your business, you need a fictitious business name registration. Instead of registering a fictitious business name, you can simply incorporate or form and LLC. The latter two protect your from lawsuits vs your personal assets such as your house, automobile and other precious personal property or real estate you might own. A DBA registration is required for your use of a trade name but does nothing to protect your personal assets nor does it protect the name that is registered. An LLC or Corporation at least protect the name at the state lever. I.e., other LLCs or Corporation cannot use your business name. A Fictitious business name does not protect your trade name against others who want to use in commerce.

Simply go online to www.businessnameusa.com.

Answer our online questionaire, and then fill out our business information form in full so that once you have completed each step of our payment system we will be able to begin processing your order immediately.

www.businessnameusa.com

P.O. Box 14927

Long Beach, CA. 90853

310-455-6675

Without a DBA, you can not establish your daughter and her legal existence as a business as a fact rather than an utter fiction. As a consequence, if you wish to hire on either a permament basis or a contract basis talent coaches or vocal trainers, assisstants or anything of the kind, it will be essential that you be able to get the necessary permits, all of whicdh require that you have a business, which requires a DBA.

Simply go to http://www.businessnameusa.com/services/fees.htm to determine your fees on a state by state basis.