Let’s say you acquired an aged New Mexico LLC and then you seek to file the company into Texas. The name of your aged shelf company is already taken in Texas. What are you to do? This is easy. Texas will grant you an alternate name to do business in Texas. If that name is available, you’ll be able to use that alternate name as a DBA. That DBA is free. The state will grant you a free DBA because you’re filing the out-of-state company into TX, and they also want to resolve the name conflict by granting you an alternative name. So, you’re getting the DBA for free. Other states do the same. California, New York, Florida, and the rest of the states do the same thing. They seek to attract business into their state to increase their tax base.
Remember that other states attract business to their state. They encourage out-of-state (foreign) companies to file into their state so they can generate tax revenue. Your out-of-state shelf company has the same rights and responsibility as any other company that’s domestic in that state.
Thank you for reading about our clean aged shelf companies and how to use the DBA to your advantage.
For a list of our clean aged shelf companies, please email us at Assetprofile@gmail.com.