Most business owners who do this file a DBA (Doing Business As) to operate another business under a different name from their LLC name. Having multiple LLCs for different businesses is always a better choice as it will help you separate the debts and liabilities of each business.19 Feb 2021
Can my LLC and DBA have the same name?
Yes, it is perfectly acceptable for someone to register an entity (be it an LLC, LLP, or corporation) with the same name as your DBA. Actually, it's probably not the same name as your DBA, even though you contend that it is.
How does a DBA work with an LLC?
A single LLC entity can operate with multiple businesses using a DBA. For a DBA to be used legally by the business owners, they are required to register the name in accordance with state laws where the business operates. A penalty is imposed on businesses when they fail to register a DBA prior to operations.
Does a DBA protect your LLC?
A DBA, also known as a fictitious business name or trade name, is any name other than your legal name that you use in your business. Unlike LLC formation, filing a DBA doesn't create a new legal entity or a new legal name. A DBA does not give you any additional liability protection, nor does give you name protection.
Should I have a DBA for my LLC?
If I have an LLC, do I still need a DBA? For most people, the answer is no, unless you want to operate your business under a different name than the LLC. For most people who use a DBA, it means that they are operating as a sole proprietor.15 Jan 2020
What are the pros and cons of a DBA vs LLC?
Although there are fees associated with both a DBA and an LLC, overall costs are typically lower for DBAs. Overall, an LLC is a legal, yet flexible entity that is easy to manage. If you are simply looking to form an individual brand, a DBA may be best suited for your current needs.
Can I use a DBA with an LLC?
A limited liability company can register a DBA, or "doing business as" name and still do business using the official LLC name. A DBA operates much like a personal nickname—you may use your nickname for some purposes and your full legal name for others.