Naming Your DAO LLC & DBA (Doing Business As)
Every RMI DAO LLC needs a name on file with the registry, whether or not the organization operates as a DAO — DAO LLC is a legal designation, not an identity requirement. This page covers name reservation, the required "DAO LLC" suffix, and using a different public-facing name through a DBA.
Reserving a DAO LLC Name
- DAO LLCs can reserve their name when registering or can optionally reserve a name pre-registration for six months for a deposit of $1,000 USD.
Nomenclature
- Every DAO LLC must have “DAO LLC” at the end of the entity name. Some DAOs prefer not to leave a space between the end of the DAO name and the start of DAO LLC, which is also acceptable. For example: “MIDAO LLC” vs. “MI DAO LLC.”
Using a Business Name Other Than the Incorporation Name
- You can "DBA" or “Do Business As” a different name, or “trade as” any name you want. It is up to the DAO LLC to ensure that its legal name is used in legal documents/agreements when appropriate or necessary for the situation.