what is a corporate assumed name?
<answer> Sometimes a business may want to transact business under a different name than its official Corporate name. This is referred to as Assumed Corporate Name. <context> Sometimes a business may want to transact business under a different name than its official Corporate name. This is referred to as using an Assumed Name, or Assumed Corporate Name. Some states refer to an Assumed Name as a Fictitious Name, Trade Name (not trademark) or DBA (Doing Business As).Using an Assumed Name allows you to present yourself to the public as a different business entitiy, while using only one Corporation or LLC and keeping only one set of books.ome states refer to an Assumed Name as a Fictitious Name, Trade Name (not trademark) or DBA (Doing Business As). Using an Assumed Name allows you to present yourself to the public as a different business entitiy, while using only one Corporation or LLC and keeping only one set of books.