Cancellation of Assumed Name - Minnesota

Cancellation of Assumed Name is a legal document that was released by the Minnesota Secretary of State - a government authority operating within Minnesota.

FAQ

Q: What is an assumed name?A: An assumed name, also known as a "DBA" or "Doing Business As", is a name that a business uses that is different from its legal name.

Q: Why would a business need to cancel their assumed name?A: A business may need to cancel their assumed name if they are no longer using it or if they have ceased operations.

Q: How can a business cancel their assumed name in Minnesota?A: A business can cancel their assumed name in Minnesota by filing a cancellation form with the Secretary of State's office.

Q: What information is required to cancel an assumed name?A: To cancel an assumed name in Minnesota, the business will need to provide their business name, the assumed name being canceled, and the date that the assumed name was first used.

Q: Is there a fee to cancel an assumed name in Minnesota?A: Yes, there is a fee to cancel an assumed name in Minnesota. The fee amount may vary, so it's best to check with the Secretary of State's office for the current fee schedule.

Q: How long does it take to process a cancellation of assumed name in Minnesota?A: The processing time for a cancellation of assumed name in Minnesota can vary, but it's typically around 3-5 business days.

Q: Can a business continue to use their assumed name if they don't cancel it?A: No, if a business does not cancel their assumed name, they may still be required to renew it and pay the associated fees, even if they are no longer using it.