Can I do business under a different name than my LLC?

Can I do business under a different name than my LLC?

If you have formed an LLC but wish to conduct its business under a different name, you will need to formally register that name as a DBA, which is typically a simple process. This is typically done by filing LLC articles of organization with the state agency that regulates businesses.

Can you create another company under an LLC?

Yes, you can have multiple businesses under one LLC. You can run two or more businesses under one LLC by either: running all the business activities under one LLC name, or. registering DBAs (“doing business as”), also known as Fictitious Names.

Can you have multiple LLCs under Ein?

Yes, you can have multiple businesses under one LLC. Generally, businesses need a new EIN when their ownership or structure has changed. It is not possible to use the same EIN for different Entity types or for businesses that are not related. …

Can I have 2 LLCs?

As long as the businesses are distinct and separate, there is no limit to how many LLCs a single individual can create. A business owner has to comply with the formation requirements for every LLC that he creates. To form an LLC one has to file a Certificate of Organization, separate for each LLC.

Does a DBA need a separate bank account?

You do not need to have separate bank accounts unless you also have separate DBAs. Many banks do not even charge you to have separate bank accounts and doing so can make the accounting and tax process much easier.

Can I use an existing EIN for a new business?

Generally, businesses need a new EIN when their ownership or structure has changed. It is not possible to use the same EIN for different Entity types or for businesses that are not related. Because these types of businesses fall under different tax rules, they require separate EINs.

Can I use one business account for two businesses?

Having One Bank Account With Multiple DBAs As long as it is not prohibited, you can legally have one bank account with multiple DBAs. Although it is generally not recommended, some business owners may find that it is the best decision for their setup.

Can two different LLC have the same address?

Yes multiple companies may utilize the same address.

Can I register multiple businesses under one LLC?

registering DBAs (“doing business as”), also known as Fictitious Names. Whether that LLC has any DBAs (Fictitious Names) is up to you. Meaning, you don’t have to file a DBA to run multiple businesses under one LLC, but you certainly can file a DBA (or multiple DBAs) if you’d like.

Should you set up a corporation or an LLC?

If you wish to do this under a different name, that’s also legal, though you’ll have to register the name with the government first. It’s much simpler to set up a limited liability company than a corporation, but an LLC provides similar protection for your assets. If the company can’t pay its debts, owners usually aren’t liable for the losses.

Do I need an LLC or a business license?

Do I Need an LLC or a Business License? A limited liability company can wear more than one hat. If you and your partners set up a limousine business or a dress shop as an LLC, for instance, it’s legal for the company to branch out into other fields.

Can I form an LLC and have a DBA?

Yes, you can certainly form an LLC now and have that LLC operate using its true and legal name. Then, down the road, if needed, you can create a DBA owned by your LLC. At that point, your LLC can do business under its true and legal name in addition to the DBA name or just do business under the DBA name.