A limited liability company can have multiple DBAs or “doing business as” names. A DBA, also known as a fictitious business name, is a business name that is different from the business’s official legal name.
Does my LLC name have to be the same as my business name?
Unlike other business structures, the business legal name for LLCs and corporations does not have to include any of the owners’ names to be the business name. However, some states require LLCs and corporations to include “LLC” or “Corporation” in their legal name (e.g., Rockwell Technology LLC).
Can you do business under a different name?
Called a Doing Business As (DBA) filing, this action allows your company to legally operate under a trade name, also known as an “assumed” or “fictitious” name. By having a Doing Business As name, it’s possible for sole proprietors and general partners to do business using a name other than the owners’ personal name.
Can I have multiple businesses under one LLC?
The answer is yes–it is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a “Fictitious Name Statement” or a “DBA” (also known as a “Doing Business As”) to operate an additional business under a different name.
Do I have to put LLC on my logo?
In short, the answer is no. In fact, none of your branding/marketing needs to include “LLC,” “Inc.” or “Ltd.” If it is included, this may look amateur. … Logos are an extension of a company’s trade name, so marketing departments don’t need to include legal designation.
Does an LLC have to have LLC in the name?
Most states require an LLC designation be included in the name of a company that’s registered as an LLC. The designations vary from state to state, but generally include phrases or abbreviations such as “Limited Liability Company”, “Limited Liability Co.”, “LLC” and “Limited”.
Do I need a DBA if I have an LLC?
If you have filed to become a corporation or LLC, you’ve already registered your business name and you don’t need a DBA. However, you will need to get a DBA if you plan on conducting business using a name that’s different than the name filed with your LLC/corporation paperwork.
Can you sell a business but keep the name?
The name of a business can be one of the greatest assets a company can own. … While you have the option of selling a business and retaining ownership of the business name, if you decide to transfer the business name, there are a few things you’ll need to consider.
Can I buy my house with my LLC?
Yes. You can create an LLC to purchase your own house. In order to do so, you’ll need to ensure the article of incorporation allows for the LLC to buy real property assets. If you want to create an LLC, then you’ll need to complete a paperwork process.
Can LLC own another LLC?
As for the legality of ownership, an LLC is allowed to be an owner of another LLC. … LLC members can therefore be individuals or business entities such as corporations or other LLCs. It is also possible to form a single-member LLC whose only owner is another LLC.
Do I need a separate LLC for each business?
For example, you’ll need to pay to incorporate/form an LLC for each business, as well as any annual maintenance fees/forms to the state. You’ll also need to get separate business licenses and EINs for each business, and file tax forms for each corporation.